FrontView REIT converts Walgreens to Amazon lease, targets $100M investments in 2026

FrontView REIT signed a multi-year lease with Amazon (AA/A1 credit) for a former Walgreens property in Durham, NC, creating significant value while reducing top tenant exposure to 7.5%. The company acquired four properties for $11.9M and sold ten for $22.8M through May 2026, on track to meet its $100M annual investment target.