Login

Grocery Chain Warehouse Property Sells for National Record Price of $278 Million

Albertsons Leases Back Buildings Following Portfolio Sale
Albertsons Cos., with headquarters in Boise, Idaho, is paying off debt using proceeds from sales of its stores and warehouses. (CoStar)
Albertsons Cos., with headquarters in Boise, Idaho, is paying off debt using proceeds from sales of its stores and warehouses. (CoStar)
CoStar News
July 31, 2019 | 3:52 P.M.

Grocery giant Albertsons Cos. sold a Southern California distribution warehouse for a national record sale price as part of a larger sale of dozens of stores and six distribution centers that it's leasing back to pay down billions in debt over the past few months.

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