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Walgreens Sells Distribution Center in California’s Inland Empire

Sale-Leaseback Deal Among Region’s Largest Industrial Transactions of Past Year

Walgreens sold a distribution center in Moreno Valley, California, for about $111 million but continues to lease the property. (CoStar)
Walgreens sold a distribution center in Moreno Valley, California, for about $111 million but continues to lease the property. (CoStar)

Drugstore chain Walgreens sold a distribution facility in Southern California’s Inland Empire for more than $111 million in a sale-leaseback deal that ranks among the region’s largest industrial transactions of the past year.

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