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Limestone, Orion Real Estate purchase 27-property Walgreens portfolio for $133m
Transactions - JUNE 18, 2021

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Limestone, Orion Real Estate purchase 27-property Walgreens portfolio for $133m

by Released

Limestone Asset Management, in a joint venture with Orion Real Estate Group, has acquired a portfolio of Walgreens stores for $133 million.

“We are extremely pleased to acquire this large Walgreens portfolio, featuring excellent sites with long-term value and a high-quality credit tenant,” said Ibrahim Al-Rashid, chairman of Limestone Asset Management, in an article. “This purchase reflects Limestone’s dedication to expanding its portfolio over all asset classes.”

The portfolio includes 27 Walgreens stores throughout the United States.

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