New CVS store sold for $16M

A recently constructed CVS pharmacy store in Hallandale Beach traded for $16.02 million. MC Hallandale Beach FL Landlord, an affiliate of Atlanta-based SunTrust Equity Funding, sold the 15,551-square-foot building to 2101 Hallandale LLC, managed by Donna Chiaia in Clifton, New Jersey. The price equates to $1,030 per square foot – one of the highest marks…