Capital Pacific Closes Walgreens in Oregon and Utah
 Capital Pacific is pleased to announce the recent closing of two Walgreens stores located in Springfield, Oregon and Saratoga Springs, Utah. While investors and brokers work relentlessly to find deals amid a more cautious environment, many are finding that ample opportunities still exist. The credit crunch continues to create division in the market in terms of quality, as buyers move towards less risky investments. Walgreens are filling the void for dependable net-leased properties. Incorporated in 1909, WALGREEN CO. (NYSE: “WAG”) operates 6,237 retail drug stores in 49 states and Puerto Rico. For the six months ending February 29, 2008, the company had revenue of $29.42 billion, net income of $1.14 billion, and net worth of $12.06 billion. Walgreen enjoys a Standard & Poor’s rating of “A+” and is ranked 44th in the Fortune 500. |