Friday Feels February 23

The biggest news this week stems from the Albertsons/Rite Aid merger. After the Walgreens merger fell through back in September, 2017, this is big news for the grocery giant.

A merger of this size, “The integrated company will operate approximately 4,900 locations, 4,350 pharmacy counters and 320 clinics across 38 states and Washington, D.C., and service more than 40 million customers per week.”, will surely be a game changer for both the pharmacy and grocery industries. This deal is expected to deliver in Q3 or Q4 of 2018.

Albertsons merging with Rite Aid

Grocery chain Albertsons to acquire Rite Aid

Grocery Giant Albertsons To Buy Remaining 2,500 Rite Aid Drugstores

Rite Aid’s PBM Becomes More Attractive Under Albertsons

Developer: Albertsons-Rite Aid deal is good for future of retail

Below are a few articles that I found interesting this week both locally and on a national scale:

DFW Retail Is Alive And Well

https://www.dallasnews.com/business/real-estate/2018/02/22/top-turtle-creek-development-site-eyed-hotel-residential-office-project

Declining Occupancy, Rent Growth Spreading to Top Tier of Best-Located US Retail Properties

Allen Premium Outlets to add H&M and Armani in expansion

Report: Toys ‘R’ Us to close more stores

Foreign investors who pledged millions are worried about Frisco’s Wade Park woes

Former credit union on Dallas’ Ross Avenue to become 300-unit apartment project

8 FAST PIZZA CHAINS THAT ARE TAKING OVER AMERICA

Niche retailer ramps up expansion in 2018

Entertainment Complex Serves Up Tenant Success

Drummer Turned Developer: John Kirtland and the New Cambria Dallas Downtown

Equinix Buying 1.6M SF Infomart Data Center From ASB Real Estate Investments

SkyHouse Breaks Ground At Frisco Station

What have you been reading this week? Please comment below with any interesting articles or topics you would like to see covered.

Some of these articles may only be available for a limited time and may require registration to view. Marcus & Millichap and Tim Lepore are not affiliated with these organizations.

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