Written by Drew Olson, Associate, Barr & Bennett Net Leased Investments Group The Retail Pharmacy sector has been a safe and solid investment for investors and 1031 exchange buyers for many years. The two companies dominating the retail pharmacy investments are Walgreens (NYSE: WBA) and CVS Pharmacy (NYSE: CVS). Walgreens and CVS … [Read more...]
Drug Store Retailers Remain Steady
Posted on GlobeSt.com | August 15, 2016 Written by Jonathan Hipp, Calkain View Original Article Here CVS and Walgreens are in a constant battle for the biggest share of the market. CVS acquired Omnicare and Target’s pharmacies last year and Walgreens is in the process of acquiring Rite Aid by the end of this … [Read more...]
Rite Aid Buy Makes Ripples in NNN Market
Posted 11/3/2015 | GlobeSt.com By Brian J. Rogal View Original Article Here CHICAGO—The recent decision by Walgreens to buy Rite Aid for more than $9.4 billion in cash will set off ripples in the market for triple net lease properties. Drug stores like these are among the most popular options for investors, but the uncertainty … [Read more...]
Walgreens Likely To Go on Real Estate Diet if Deal for Rite Aid Wins Approval
Published on Costar.com | October 28, 2015 Written by Mark Heschmeyer View Original Article Here Rite Aid Accepts $17.2 Billion Buyout Offer from Walgreens Boots Alliance, Execs See $1 Billion in Cost Savings The newly announced merger agreement between Walgreens Boots Alliance Inc. and Rite Aid Corp. has the potential … [Read more...]
