The Herrick Company Announces $92-Million Acquisition of 24 Walgreens-Leased Retail Properties Located Throughout the U.S.


BOCA RATON, Fla., June 9, 2015 /PRNewswire/ -- Norton Herrick, Chairman of The Herrick Company, Inc. (the Company), one of the nation's leading real estate investment firms, today announced that affiliates of the Company have recently closed on the purchase of 24 pharmacy/retail properties located throughout the U.S. The properties, all of which are occupied under long-term triple net leases with Walgreens, were acquired for approximately $92 million.