CBRE Closes Sale of Four-Property CVS Portfolio in Upstate New York
CBRE announced it represented Feinberg Development and JMM Property in selling a four-property CVS Pharmacy portfolio totaling 40,500 sq. ft. in Binghamton, Owego and Endicott, New York. CBRE identified capital, structured the deal and completed closing, with all four assets fully leased to CVS under long-term net leases supported by corporate guarantees.