It guarantees higher pay at seven grocery stores in Southern California and protections from immigration raids in “private areas” of the business.

The deal is financed with a $331.2 million loan and $110.3 million in equity, reinforcing Blackstone's "high-conviction" in the grocery-anchored retail.

Amazon now offers grocery delivery within hours through its Same-Day Store. Customers can order a wide range of items, including fresh produce, meat, dairy, and pantry staples. An Amazon Prime ...