A new $490 million commercial mortgage-backed securities financing collateralized by Walgreens stores is coming to market amid a dramatic shakeout in the retail pharmacy sector that has seen competitor Rite Aid close all its stores following a second bankruptcy filing this year.
New Walgreens owner Sycamore tests debt market with $490 million offering backed by stores
CMBS deal comes amid shakeout in US pharmacy sector
CoStar News
October 30, 2025 | 4:59 P.M.
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IN THIS ARTICLE
- Properties
- Walgreens
3646 Broadway St, Chicago, IL
- Companies
- Sycamore Partners
Finance and Insurance
- Walgreens
Retailer