Capital Pacific Sells Two Walgreens
 Capital Pacific has recently sold a handful of properties, including two Walgreens. The first Walgreens to close was a leasehold located in Chico, CA. Utilizing our extensive network of qualified buyers and brokers, Capital Pacific connected the Seller with the Buyer, who had purchased a similar property through Capital Pacific in 2006. The New York based buyer was represented by an outside broker. This sale is testament to Capital Pacific's ability to deliver results by providing access to private investors and cooperating fully with outside brokers. The second Walgreens sale was a successful joint effort between the San Francisco and Portland offices of Capital Pacific. Our team worked with Wells Fargo to secure fifty percent loan-to-value financing for the California based Buyer. Taking advantage of the favorable loan terms, the Buyer was able to generate secure cash flow for their family trust. Capital Pacific was able to deliver results for the Seller where other national brokerage firms had failed. The asset was strategically marketed and closed on schedule and at the original contract terms. |