Sunday, July 20, 2008

C&S Wholesale Grocers Completes $49 Million Sale leaseback of Distribution Center Near Birmingham

Birmingham Business Journal - July 18, 2008

Bruno's Supermarkets' food distributor C&S Wholesale Grocers recently sold its distribution facility in Oxmoor Valley to a real estate investment trust for nearly $49 million in a sale leaseback transaction.

Illinois-based Inland American Real Estate Trust Inc. purchased the 1.3 million-square-foot distribution facility and leased the facility back to New Hampshire-based C&S for 15 years.

Ogden Deaton with Birmingham's Graham & Co. Inc. brokered the deal along with CB Richard Ellis out of New Hampshire. Sphere: Related Content

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