AG Agrees to Sale-Leaseback of Warehouse

SEATTLE -- Associated Grocers here said Friday it has reached agreement with Sabey Corp., also based here, on a sale-leaseback of its headquarters and distribution center.

SEATTLE -- Associated Grocers here said Friday it has reached agreement with Sabey Corp., also based here, on a sale-leaseback of its headquarters and distribution center. AG said its board of directors voted unanimously to accept Sabey's offer pending finalization of contract terms. The companies did not disclose the sale price. The sale-leaseback plan will allow AG to continue serving its customers from the 1 million-square-foot distribution center on the property while

Register to view the full article