Real Estate

Private Equity Firm Sells Walgreens In Delray For $8M

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A Chicago private equity firm sold a Walgreens-leased store in Delray Beach for $8.1 million, less than a year after buying it. Oak Street Real Estate Capital sold the 14,362-square-foot property at 3200 South Federal Drive for $563 per square foot, records show. Montrose Lexington Associates of Fort Lee, New Jersey purchased the property. Oak Street Real Estate Capital had purchased the store in October for $6.53 million, records show. The building was built in ... [more] The post Private equity firm sells Walgreens in Delray Beach for $8M appeared first on The Real Deal Miami.

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