Shorewood, Ill. — Mid-America Real Estate Corp. has arranged the sale of Shorewood Crossing, a 173,981-square-foot shopping center located roughly 45 miles outside Chicago in Shorewood.
Author
Katie Sloan
Walgreens Boots Alliance, Rite Aid to Sell 865 Rite Aid Stores to Fred’s Pharmacy for $950 Million
by Katie Sloan
Deerfield, Ill. and Camp Hill, Pa. — Walgreens Boots Alliance (NASDAQ: WBA) and Rite Aid Corp. (NYSE: RAD) have agreed to sell 865 Rite Aid stores and some assets related to store operations to Fred’s (NASDAQ: FRED) for $950 million in an all-cash transaction.