Stream Capital Partners Arranges $12 Million Sale of Walgreens Property in New Jersey

The 14,963-square-foot property in Short Hills, New Jersey, is triple-net-leased to Walgreens. The 14,963-square-foot property in Short Hills, New Jersey, is triple-net-leased to Walgreens.

Short Hills, N.J. — Stream Capital Partners has arranged the $12 million sale of a 14,963-square-foot property leased to Walgreens in Short Hills, located 25 miles west of Manhattan.

Phil DiGennaro, Jordan Shtulman and Jonathan Wolfe of Stream Capital represented the undisclosed seller in the transaction. The buyer was a private investor. Walgreens has 19 years remaining on its triple-net lease, which expires in 2036.

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