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Target receives LEED certification for 44 more Canadian stores
Mississauga, Ontario -- Target announced that an additional 44 store locations in Canada have been awarded LEED (Leadership in Energy & Environmental Design) certification. This means that all 68 newly launched Target locations have been awarded LEED certification, a first for a major retailer in Canada.
Target is pursuing LEED certification for all 124 stores scheduled to open in Canada this year through the LEED Volume Program, which streamlines the certification process for buildings in both Canada and the U.S.
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Inland acquires 12 Walgreens properties for $60 million
West Orange, N.J. — Paul V. Profeta and Associates, a real estate investment firm, has completed the sale of 12 Walgreens properties in nine states to Inland Real Estate Acquisitions. The purchase price was $60 million or more than $330 per square foot.
All of the properties are occupied under long-term 75-year triple-net leases with the Walgreens pharmacy chain. Walgreens has the right to cancel after 25 years.