Ground Lease Amendment Approved for CVS Property Transfer

Rhode Island Commerce Corporation approved an amendment to its ground lease with CVS Pharmacy, Inc. The action permits transfer of 400 Scenic View Drive in Cumberland to CVS under its repurchase option, with CVS responsible for transaction costs.

Document date · August 24, 2026

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

Ground Lease dated December 29, 1998, as amended

Renewal

Amends the ground lease originally dated December 29, 1998; the resolution also ratifies prior related actions and authorizes additional documents and amendments needed to complete the transfer.

Document type

AgendaPacket

Source document

Rhode Island Commerce Corporation AgendaPacket Board of Directors Meeting 2026-08-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Rhode Island Commerce Corporation | State of Rhode Island?

Cvs Pharmacy Inc was awarded this government contract by Rhode Island Commerce Corporation | State of Rhode Island, as recorded on August 24, 2026.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Rhode Island Commerce Corporation AgendaPacket Board of Directors Meeting 2026-08-24 (AgendaPacket), dated August 24, 2026 from Rhode Island Commerce Corporation | State of Rhode Island. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cvs Pharmacy Inc hold?

Cvs Pharmacy Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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