STREAM Capital Partners Sells Double Net Walgreens in Memphis, TN

Chicago, IL, December 30, 2014 --(PR.com)-- STREAM Capital Partners ("STREAM"), a boutique net lease and sale leaseback advisory group, recently completed the sale of a short-term Double Net Walgreens located in Memphis, TN.

Jordan Shtulman and Jonathan Wolfe, Principals and Co-Founders of STREAM Capital Partners, advised the Seller and Buyer in this transaction

Wolfe commented about the sale that "the transaction worked out well for both parties, ownership received an aggressive price and cap rate while the buyer was able to acquire a short-term Walgreens with fantastic store sales at a very low basis relative to other Walgreens properties in the market."

Shtulman added that "cap rates for Walgreens properties continue to compress due to limited supply in the marketplace. As an indication of the strength of the net lease market, consider that, in 2011, a brand new Walgreens would've sold for the same cap rate that this store sold for with just 2 years remaining on the initial term of the lease."

STREAM Capital Partners (www.stream-cp.com) is a boutique net lease and sale leaseback advisory group. The group focuses exclusively on representing buyers and sellers of net leased properties across the country and on structuring and executing sale leaseback transactions for owners of commercial real estate.