The Landes Group recently completed the refinancing of 26 CVS stores.
DALLAS—Dallas-based privately held real estate investment firm The Landes Group recently completed the refinancing of 26 CVS stores. Combined, the assets are valued at more than $48 million, with retail space totaling 312,000 square feet in 11 US states.
The portfolio represents a portion of The Landes Group's long-term vision of ownership. The transaction was structured to allow flexibility with lease restructures and term extensions. The financing also supports the consolidation of assets within the overall holdings of the company.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
