Envy Apartment

Wilmington, MA Horvath & Tremblay has completed the sale of two Walgreens properties located in Wilmington, and Cherry Hill, N.J. for $14.07 million. Bob Horvath and Todd Tremblay exclusively represented the seller and procured the buyer in the sale of Walgreens in Wilmington, for $5.17 million. Walgreens formerly occupied the 15,466 s/f property located at 277 Main St. The absolute triple net lease commenced in 2006 and has over ten years remaining on the original term. The property is located at a lighted intersection along the primary retail corridor , Main St. (Rte. 38), which provides quick access to I-93 and I-95. Additional national retailers in the area include: Market Basket, TJ Maxx, Panera Bread, Dunkin’ Donuts, Rite Aid, McDonald’s, TLE, Sonic, CVS Health, Cumberland Farms, Chili’s, Advance Auto Parts , People’s United Bank, Starbucks, Savers, Dollar Tree, Speedway, Santander Bank, Supercuts, Bank of America, Firestone, Jiffy Lube, and Shell. Walgreens in Cherry H...

Last week, we sponsored the 11th annual Points Summer Book Club , a community discussion of Matthew Desmond's piercing Evicted: Poverty and Profit in the American City . We debated the causes of eviction, the effect on children, how to view landlords' role, and what this discussion means for a city like Dallas. The book club also included an event with the author, in a partnership with Southern Methodist University 's SMU Reads program . On Thursday, Desmond spoke to a crowd of more than 900 people, laying out his research and his experience with evictions' damaging effect on people's safety, family, jobs and mental health. "When you add all that up, we have to conclude that eviction -- which used to be rare in this country, which used to draw crowds — it's not just a condition of poverty, it's also a cause of it. And it's making it worse. It's leaving a deep and jagged scar on the next generation — which means that we can't fix poverty in A...