Press Release

SJC Completes Sale of CVS Pharmacy in Missouri City, Texas for $2.3 Million

Tulsa, OK, January 11, 2012,  – Stan Johnson Company, Stan Johnson Company, one of the nation's premier net lease brokerage firms, has completed the sale of a 10,600 square-foot, free-standing , retail building 100% leased to CVS located at 1610 Cartwright Road in Missouri, Texas for $2.3 million.

Jim Gibson, Director in the Houston office at Stan Johnson Company represented the seller, an Investor from Illinois, and the buyer, an Institutional-REIT out of Illinois. The property featured a long-term lease with attractive option periods.

The CVS property is located just off of the heavily- trafficked Texas Parkway and Cartwright Road on a strong signalized corner. The property is located in a high growth area 20 miles south of downtown Houston. Nearby retailers include Bank of America, Hartz Chicken Buffet, Walgreens, O'Reilly Auto Parts, Dollar General, and McDonalds.

About Stan Johnson Company:
Stan Johnson Company, The Net Lease Authority®, is one of the nation's leading commercial real estate brokerage and advisory firms that focuses on net-lease transactions. Our net-lease group is the largest team of professionals focused exclusively on the acquisition, disposition and financing of net-leased real estate in the retail, office, industrial and medical product types. Building on a 25-year foundation in the net-lease industry and completing more than $10 billion in transactions nationwide, Stan Johnson Company is positioned as an authority in the industry. A dynamic team approach, refined marketing processes and a foundation built on integrity, professionalism and relationships create a winning combination that enable the firm to consistently deliver quality service and superior results to each unique client.