by Steve Canty | Dec 9, 2019 | Blog
Walgreens Boots Alliance could face some challenges and changes soon, and landlords might want to pay attention since it’s the second-largest pharmacy chain in the country and takes up a significant portion of commercial real estate. Unfortunately, given that...
by grsgrouptest | Mar 27, 2018 | Blog
The country’s two largest traditional grocery chains seem to have different strategies, with one removing an ancillary business and another beefing one up. Albertsons recently announced it is purchasing just over 2,500 Rite Aid drugstores, adding to its portfolio of...
by grsgrouptest | Aug 10, 2017 | Blog
The net-lease sector of commercial real estate has been strong throughout economic cycles, and now there is more evidence of perceived investor interest in these types of assets. Major net-lease REIT Spirit Realty is splitting off part of its portfolio into a separate...
by grsgrouptest | Jan 13, 2017 | Blog
Consolidation in the retail industry was as pronounced as ever over the last 12 months. The latest mega deal that we’re absorbing is the proposed sale of 865 Rite Aid pharmacies by Walgreens Boots Alliance to Fred’s Inc. for $950 million. This is part of a larger...
by Ian Ritter | Nov 6, 2015 | Blog
We knew it would happen. A $9.4-billion acquisition by Walgreens Boots Alliance of Rite Aid is going to create a mega drugstore empire that will have nearly a combined 13,000 stores, if approved, making it larger than rival CVS, though, according to a Bloomberg...
