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Staubach affiliate acquires CVS properties

Dallas – Locally based Wolverine Equities Co., an investment affiliate of locally based The Staubach Co., bought ninety-six Woonsocket, R.I.-based CVS Pharmacies drugstore properties for nearly $288 million in cash.

The properties comprise more than 1 million sq. ft. of space and are located in Alabama, Connecticut, Georgia, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia and Washington, D.C. CVS will continue to control and operate the properties.

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