Walgreens Pharmacy
Pharmacy Ground Up Development
This $7.2 million project involved the ground-up development of a 14,820 square foot Walgreens Pharmacy in Paterson, NJ. The investment created long-term retail presence under a 25-year lease and supported local access to pharmacy services.
Monge Capital helped structure NMTC financing that reduced equity needs for the local developer.
Estimated Economic and Social Impact
Over 30 jobs and 120 construction jobs.
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