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...]
Grocery retailer Albertsons to buy drugstore chain Rite Aid
Posted on Newsday.com | February 20, 2018 Written by Tory N. Parrish View Original Article Here The owner of Safeway and other grocery brands is buying the drugstore chain Rite Aid as retailers continue to plunge deeper into health care and adjust to swiftly changing shopping habits. Albertsons … [Read more...]
Walgreens Secures Regulatory Clearance to Purchase 1900 Rite Aid Stores
Article Originally Posted on Walgreens.com | September 19, 2017 View Article Here DEERFIELD, Ill., 19 September 2017 - Walgreens Boots Alliance, Inc. (Nasdaq: WBA) announced today that it has secured regulatory clearance for an amended and restated asset purchase agreement to purchase 1,932 stores, three … [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...]
