<<<<<I'm trying to underwrite a loan on a Walgreen anchored shopping center. Its pretty much understood that they are pulling out of shopping centers in order to build free-standing, 15,000 sf stores with drive throughs. I'm looking to make this point - does anyone know if they've ever announced this policy and, if so, where I might be able to find it? I thought folks who follow the stock might be more familiar with their press releases than I.>>>>>
I recommend you start by looking at the annual reports from the past few years. I think they reiterate their freestanding strategy in the letter to shareholders or somewhere else within the language of the annual report. Good luck.