Press Release brought to you by NAI Alliance

ALBERTSONS COMPANIES, INC., CLOSES ESCROW ON 5.38 ACRES IN DAMONTE RANCH TOWN CENTER IN RENO, NV; NEW 63,000 SF SAFEWAY STORE PLANNED

03/25/2019

FOR IMMEDIATE RELEASE

Contact:            Leah Witt

775.336.4600

lwitt@naialliance.com

ALBERTSONS COMPANIES, INC., CLOSES ESCROW ON 5.38 ACRES IN DAMONTE RANCH TOWN CENTER IN RENO, NV; NEW 63,000 SF SAFEWAY STORE PLANNED

Reno, Nevada—March 2019 On February 22, 2019, Albertsons Companies, Inc. closed escrow on 5.38 acres at the Damonte Ranch Town Center in Reno. Kelly Bland with NAI Alliance assisted in the sale of the property.

The company intends to build a 63,000 sq. ft. Safeway store in the 2020-2021 timeframe. Safeway will be the fourth anchor in the 50+ acre center, joining The Home Depot, RC Willey and Office Depot.

Safeway is one of the most well-recognized grocery retail brands with a long-standing reputation for quality and service. Safeway Northern California is a division of Albertsons Companies, which operates over 280 stores across northern California, Nevada, and Hawaii under four banners including Andronico’s, Safeway, Safeway Community Markets, and Vons.  In 2018, Safeway donated over $25 million in food and financial support to charitable organizations in the communities it serves.

# # #

03/25/2019 - 16:00

Source

NAI Alliance

Want more news about NAI Alliance? Click here
Connect: Leah Witt