A Look at Walgreens As It Considers Going Private

A Look at Walgreens As It Considers Going Private

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...

Spirit’s REIT Spinoff SpinCo Shows Net Lease Confidence

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...

2016: A Year of Retail Mergers

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...

Walgreens-Rite Aid Marriage Means Store Closings

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...