Walgreens Boots Alliance and Microsoft Corp. have entered into a seven-year partnership as each company looks to gain ground against an expanding Amazon.
Phillips Edison Grocery Center REIT III, a joint venture of Phillips Edison and Griffin Capital, has acquired its first property this year, giving it six in its portfolio.
The Kroger-anchored Sandy Plains Centre in Marietta, Ga., has been purchased by InvenTrust, one of the busiest acquirers of grocery-anchored open-air centers.