Landes Group Completes Refinancing of 26 CVS Stores
Dallas-based privately held real estate investment firm The Landes Group recently completed the refinancing of 26 CVS stores with a combined asset total valued at more than $48 million.
DALLAS—Dallas-based privately held real estate investment firm The Landes Group recently completed the refinancing of 26 CVS stores. Combined, the assets are valued at more than $48 million, with retail space totaling 312,000 square feet in 11 US states.
The portfolio represents a portion of The Landes Group’s long-term vision of ownership. The transaction was structured to allow flexibility with lease restructures and term extensions. The financing also supports the consolidation of assets within the overall holdings of the company.