Retail Sublease Inventory Rises as Walgreens and Duane Reade Add 16 Stores to the Market

Walgreens Boots Alliance has decided to sublease at least 16 of the company’s Walgreens and Duane Reade stores, adding about 156,000 square feet of retail space to Manhattan’s retail sublease inventory. Among retail chain store closures citywide, Duane Reade is one of the chains that closed the most locations, shuttering 70 stores last year.