Oak Street adds to regional Walgreens portfolio

Chicago investment firm acquires handful of drugstores along Gulf Coast, its second foray into the retail net-lease sector in the region this year.

  • By Kevin McQuaid
  • | 12:00 p.m. June 10, 2021
  • | 0 Free Articles Remaining!
courtesy -- Oak Street Real Estate Capital of Chicago has for the second time this year acquired a handful of Walgreens stores along the Gulf Coast.
courtesy -- Oak Street Real Estate Capital of Chicago has for the second time this year acquired a handful of Walgreens stores along the Gulf Coast.
  • Commercial Real Estate
  • Share

On the heels of a similar spate of purchases early in 2021, a pair of Oak Street Real Estate Capital funds have acquired a handful of net-leased, single-tenant retail sites occupied by Walgreens.

In all, Oak Street’s Project Jupiter NLP LLC and Project Jupiter Fund V LLC purchased five Walgreens stores last month for $26.88 million, property records show.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • December 15, 2025
Lee Health CEO to step down
  • December 15, 2025
Credit union names market president for three counties in region
  • December 15, 2025
3 Polk County residents charged in $2M COVID fraud case
  • December 15, 2025
Pinellas artwork manufacturer completes $13.5M facility expansion

Sponsored Content