Login

Albertsons Blocks Possible Rival by Buying Long-Standing University District Store

Grocery Giant Now Has 4 Contiguous Acres in High-Demand Part of Seattle
Albertsons Cos. has purchased the Safeway at 3020 NE 45th St. from its longtime landlord. (CBRE Group)
Albertsons Cos. has purchased the Safeway at 3020 NE 45th St. from its longtime landlord. (CBRE Group)
By Clare Kennedy
CoStar News
March 25, 2021 | 10:11 P.M.

Albertsons Cos. has preempted a possible deal for one of its stores near the University of Washington. The property was under contract to be sold to an investment company that has been active in developing new locations for a rival chain.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE