STAN JOHNSON CO. NEGOTIATES $4.8 MILLION WALGREENS SALE

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CATSKILL, N.Y. — Stan Johnson Co. has negotiated the sale of a 14,550-square-foot, freestanding Walgreens, located in Catskill, for $4.8 million. Brad Pepin of Stan Johnson Co. represented the seller, Point Five Development Catskill, which is also the developer of the property. Todd Curley of Coldwell Banker Commercial Prime Properties represented the buyer, an individual investor participating in a 1031 exchange.

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