Anecdotally, a guy at the gym I frequent is a commercial real estate broker of some sort, and according to him shopping plazas with CVS/Walgreens as headliners are selling at a discount to comparables, as the market figured out that if Amazon didn’t enter the pharmaceutical retail sector this year, they will next year.
Anecdotally, a guy at the gym I frequent is a commercial real estate broker of some sort, and according to him shopping plazas with CVS/Walgreens as headliners are selling at a discount to comparables, as the market figured out that if Amazon didn’t enter the pharmaceutical retail sector this year, they will next year.