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Consider the stand-alone locations favored by Walgreens for their drugstores. In most cases, Walgreens does not own these properties. Instead, they lease the properties on

Consider the stand-alone locations favored by Walgreens for their drugstores. In most cases, Walgreens does not own these properties. Instead, they lease the properties on a long-term basis from institutional owners. What does Walgreens gain by leasing instead of owning? What do they lose?

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