CVS/PHARMACY GROUND LEASE SELLS FOR $3.6 MILLION IN CHICAGO

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CHICAGO — A New York-based institutional real estate company has acquired the ground lease for a CVS/pharmacy location in Chicago. Located at 6355 W. Belmont Ave., the property is 100 percent leased to CVS on a long-term lease. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller, a private Chicago-based developer. The acquisition price was $3.6 million.

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