SUPERVALU agrees to sell, leaseback 8 distribution centers
2018-04-26
SUPERVALU INC., Minneapolis, entered into definitive agreements to sell eight of its owned distribution centers, representing approximately 5.8 million square feet, to a single buyer for approximately $483 million. The distribution centers included in the sale/leaseback program are as follows: Champaign, Ill.; Commerce, Calif.; Green Bay, Wis.; Harrisburg, Pa.; Joliet, Ill.; Oglesby, Ill.; Pompano Beach, Fla.; and Stockton, Calif.