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Retail Development Sells Walgreens in Alma

Riverlawn Properties Acquires Drug Store for $5.8 Million
By Karen Kester
December 5, 2016 | 4:32 P.M.

Riverlawn Properties, a closely-held investment company located in Tampa, FL, purchased the Walgreens at 1420 Wright Ave. in Alma, MI from Retail Development, Inc. for $5.833 million, or about $393 per square foot.

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