Posted at 10:13 a.m., Tuesday, November 20, 2007
Persis Corp. acquires Mainland CVS/pharmacy sites
Advertiser Staff
Honolulu-based real estate investment company Persis Corp. has paid $50 million for a portfolio of retail properties in five states.The firm said it bought 12 CVS/pharmacy stores in California, Indiana, Illinois, Missouri and Georgia.
The CVS acquisition follows a sale by Persis of a commercial building in Illinois in September for $13 million.
Persis said the acquisition expands its property portfolio to 23 properties in nine Mainland states with tenants including Kohl's, Wal-Mart and office users.