Math professor multiplies SoFla holdings with Walgreens purchase

Miami /
Apr.April 27, 2015 04:00 PM

A Walgreens in Palm Beach County was just sold for $7.4 million to a math professor from the University of South Florida.

The store, at 6975 South Congress Avenue in Lantana, was purchased by a company titled Tampa Bay Corporate Square — headed by Chris P. Tsokos and Fanourios I. Ferderigos, according to Palm Beach County records.

Tsokos is credited by USF as having earned research grants totaling more than $1.5 million from organizations like NASA, the U.S. Air Force and the U.S. Army.

He is also a prominent real estate investor, as described by the publication Business Observer, and owns an untold number of properties in Florida.

His partner Ferderigos is an orthopedic surgeon in Palm Harbor.

Tsokos purchased the Lantana Walgreens from a company titled Swampy Acquisitions, which first picked it up in 2002 for $5.25 million. The 14,711-square-foot store was built in 2002 and sits on a 2.2-acre lot, Palm Beach property records show.


Related Articles

arrow_forward_ios
Brent Baker and a  rendering of 5024 South State Road 7 (DiVosta, iStock)

Pulte buys 31 acres in Lake Worth, plans housing community

Pulte buys 31 acres in Lake Worth, plans housing community
Oak Street Jim Hennessey and Marc Zahr with 3100 North Andrews Avenue, Oakland Park

Oak Street Real Estate Capital buys Oakland Park Walgreens for $7M

Oak Street Real Estate Capital buys Oakland Park Walgreens for $7M
Prospective buyers continued to sign contracts for both condos and houses throughout South Florida in October

Signed resi contracts rise again in South Florida in October

Signed resi contracts rise again in South Florida in October
Rob Thomson (Rob Thomson, Palm Beach County Sheriff's Office, iStock)

Jupiter agent Rob Thomson gets probation for domestic battery against ex-fiancée

Jupiter agent Rob Thomson gets probation for domestic battery against ex-fiancée
920-1934 Stirling Road in Broward and 510 Linton Boulevard in Delray Beach (Google Maps, iStock)

South Florida’s retail market weakens in Q3

South Florida’s retail market weakens in Q3
Clockwise from top left: 1801 NW 82nd Ave, Miami; 6600 Congress Avenue, Boca Raton; 501 103rd Avenue, Royal Palm Beach; 3423 McIntosh Road, Hollywood (Google Maps)

South Florida industrial market shows signs of weakness in Q3

South Florida industrial market shows signs of weakness in Q3
Despite record high office vacancies across South Florida, average asking rates hit new highs

South Florida Q3 office rents hit record high, despite higher vacancies

South Florida Q3 office rents hit record high, despite higher vacancies
Multifamily project in Palm Beach County advances

Multifamily project in Palm Beach County advances

Multifamily project in Palm Beach County advances
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...