Dallas-based investor Landes Group has bought more than 300 CVS Pharmacy stores located in 33 states.
The properties were acquired in several transactions last year and are valued at almost $1.4 billion, the private company said.
Landes bought the stores from retailer CVS, which will continue to occupy the buildings on long-term leases.
Barclays Capital was the primary investment banker in the transactions.
Landes Group headed by president and founder Brett Landes
Wednesday, February 24, 2010
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