REAL ESTATE GROUP BUYS 11 VIRGINIA ACME STORES

RALEIGH, N.C. -- Acme Markets of Virginia, Tazewell, N.C., said it has agreed to sell the assets of its 11 stores to a limited partnership controlled by a real-estate company here that operates various grocery store groups in the Southeast and Midwest.The deal is expected to close in February.The partnership -- PWNC -- was formed by owners of Piedmont Center Properties Corp. here to acquire the Acme

RALEIGH, N.C. -- Acme Markets of Virginia, Tazewell, N.C., said it has agreed to sell the assets of its 11 stores to a limited partnership controlled by a real-estate company here that operates various grocery store groups in the Southeast and Midwest.

The deal is expected to close in February.

The partnership -- PWNC -- was formed by owners of Piedmont Center Properties Corp. here to acquire the Acme units. Piedmont also owns and operates three franchised Piggly Wiggly stor

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