Combined Properties leases 11,800 s/f to CVS/pharmacy

CVS/pharmacy - Malden, MA

Malden, MA CVS/pharmacy recently opened after signing a long-term ground lease with Combined Properties back in June of 2015. The 11,800 s/f store features all of the products and services CVS customers have come to expect, including a full-service pharmacy staffed by pharmacists and knowledgeable pharmacy support staff, convenient drive-thru pharmacy service, an extensive selection of health, beauty and personal care products, general merchandise and a digital photo center.

This 1.25 acre site is located at the intersection of Rte. 60 and Ferry St. in the central business district.  The property was the former home of Ruderman’s Furniture, a high quality, family owned business that operated at the Ferry Street location for several decades. 

“We are very excited and proud to have a first in class retailer opening at this prominent CBD location” said Combined Properties VP, director of leasing, Greg Regazzini. “Malden continues to attract regional and national retailers who have discovered that the city offers solid demographics and a business friendly environment.  He added “it is not only retailers who have discovered what the city has to offer.  As prices in all asset classes continue to soar in Boston and Cambridge we have seen a steady flow of varied companies and young professionals taking advantage of Malden’s location along the MBTA Orange Line, proximity to major roadways, quality housing and diverse CBD amenities.”