Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
New York Buyer Snaps Up Sugar Land CVS
The Boulder Group completed the sale of a single-tenant CVS Pharmacy located at 5757 New Territory Blvd. in Sugar Land for an undisclosed sum. The CVS lease has more than 11 years remaining and features four five-year renewal options.
Jimmy Goodman and John Feeney of The Boulder Group represented the buyer, a New York-based investor involved in a 1031 exchange. The seller was a Texas-based developer.
“CVS drugstore properties with proven operating histories continue to garner significant investor interest,” said Jimmy Goodman, partner of The Boulder Group.
John Feeney, SVP of The Boulder Group, added, “Properties near large metropolitan areas remain in demand with all investor classes, especially with tenants such as CVS.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition
- ◦Lease

