Walgreens
99 Cents’ Portfolio Liquidation Garners $168M
The retail locations and development parcels are situated in densely populated urban areas.
ExchangeRight Wraps $98M Net Lease Offering
Spread across 11 states, the assets host historically recession-resilient tenants.
Transwestern Sells 500 KSF St. Louis-Area Industrial Asset
Eastdil Secured represented the company in the transaction.
COVID-19 Boosts Demand for Single-Tenant Drugstores
Cap rates for the property type increased while available stock declined, according to a new report from The Boulder Group.
Southern Net-Lease Portfolio Commands $34M
Ameris Bank originated a seven-year, $20.4 million acquisition loan for the buyer, ExchangeRight.
Food Lion to Buy 62 Stores in the Southeast
The acquisition will encompass 62 supermarkets across the Carolinas and Georgia now carrying the BI-LO or Harveys banners, as well as a distribution center in South Carolina.
Marcus & Millichap Arranges Sale of Boston-Area Walgreens
Glen Kunofsky, Josh Kanter, and Anthony D’Ambrosia represented the seller, while Adam Friedlander assisted the buyer.
Quantum Real Estate Brokers $18M Retail Deal in Chicago
Quantum President Chad Firsel negotiated the transaction on behalf of both the seller and the buyer.
Health Care Shows Strong Vitality
U.S. health-care spending will continue to grow and demand for health-care assets will grow with it, Cushman & Wakefield predicts in a new study.
Historic St. Louis Property Completes Redevelopment
The site includes a remodeled BMO Harris Bank and a newly built Walgreens store.