Wednesday, April 8, 2015

ALDI Purchases Bottom Dollar Food Locations

ALDI, Inc. purchased a total of 66 Bottom Dollar locations spread across Pennsylvania, New Jersey, and Ohio.

As a part of the 66 assets, some of these were leases on properties not owned by the seller, Delhaize America, Inc. and as such the real estate did not transfer in all centers.

The total purchase price of the portfolio was $15 million. The Delhaize Group in an international food retailer headquartered in Belgium, with its American headquarters in Salisbury, NC.

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