Comerica Bank, based in Dallas, and Colony Credit Real Estate, which is located in Los Angeles, are providing the construction financing for the Jefferson Vista Canyon development.

The deal, which closed at the end of 2018, was the largest industrial lease of the year.

The New York City-based REIT's deal for the 138,779 square-foot shopping center marks its entry into the DC retail market. Eastgate is anchored by a 56,526-square-foot Giant Food supermarket.

If investors are anything like the average net lease property owner, they might find a retail pharmacy is a solid investment. Even better news is this investment will likely to continue providing a reasonable rate of return.