GROUND LEASE SOLD FOR $13.8 MILLION IN VIRGINIA

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FAIRFAX, VA. — A cobranded ground lease between Walgreens and PNC Bank sold for $13.8 million, the largest net-leased retail transaction in the Washington, D.C., area in the last several years. Jeff Bogart of Calkain Companies' Reston, Va. office represented both the seller and the buyer.

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