Real estate holdings sweeten Supervalu deal

01/10/2013 | Wall Street Journal, The

Cerberus Capital's $3.3 billion cash and debt deal to buy 877 Albertsons, Jewel-Osco, Acme and Shaw’s stores from Supervalu may already have paid for itself in property, industry experts say. About half the stores sit on property that's either owned by the company or subject to long-term ground leases, giving the real estate portfolio a value of between $3.3 billion and $4.4 billion.

View Full Article in:

Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
EVP, Catalog/Online Store
National Geographic Society
Washington, Dist. Columbia
Senior Director, Learning and Workforce Development
National Retail Federation
Washington, Dist. Columbia
Director, Leadership Development & Talent Acquisition
Hibbett Sporting Goods, Inc.
Birmingham, Alabama
Vice President of Marketing
Blair
Warren, Pennsylvania
Commercial Building Products Sales Specialist
Parksite Inc
Columbia, SC