Walgreens Pharmacy

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Walgreens Pharmacy

Retail

Walgreens Pharmacy

Type

Retail

Location

Paterson, NJ

Est. Project Cost

$7.2 million

Size

14,820 SF

Public Financing

New Markets Tax Credit

Sponsor

ARC Properties, Inc.

Private Financing

Bank Financing

Closing Date

2010

Pharmacy Ground Up Development

Local developer ground up development of a Walgreens Pharmacy on a term of 25 years on a NNN basis. Financing helped offset finance developer equity need.

Estimated Economic and Social Impact

Over 30 jobs and 120 construction jobs.

Walgreens Pharmacy

Walgreens Pharmacy

Type

Location

Est. Project Cost

Size

Public Financing

Sponsor

Private Financing

Closing Date

Pharmacy Ground Up Development

Estimated Economic and Social Impact

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