SRS’ National Net Lease Group Arranges Sale of 13 CVS-Occupied Properties Totaling $90 Million

Newport Beach, Calif. — SRS Real Estate Partners’ National Net Lease Group has arranged the sale of 13 CVS/pharmacy-occupied properties for a total of $90 million. The properties — which span a total of 195,000 square feet — are located in Arizona, Texas, Virginia, South Carolina, Idaho, Louisiana, Oklahoma, Ohio and New Jersey. John Redfield, Matthew Mousavi, Patrick Luther and Tom Power of Newport Beach, California-based SRS represented the seller, a private developer. The undisclosed buyers were individual private investors.