Monday, January 22, 2018

ACME Markets Completes a Sale-Leaseback in Philadelphia

Albertsons LLC, an affiliate of the parent company of ACME Markets, sold a strip center that included an ACME store at 7010 Germantown Avenue, for slightly more than $5.9 million, or about $152 per square foot, to a joint venture of Fortress Capital Investors and Cardinal Capital Investors then leased back the property as part of a 69-property portfolio across the country.

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