Jim Pattison Developments Buys Two East Bay Lucky Supermarket Sites for $42.6MM

Jim Pattison Developments Buys Two East Bay Lucky Supermarket Sites for $42.6MM

By The Registry Staff Two East Bay supermarket locations have traded hands recently. According to a report from The Mercury News, Jim Pattison Developments U.S. Inc., the American arm of Canada-based Jim Pattison Group, has acquired a Lucky supermarket site in Concord for $18.3 million, or approximately $300 per square foot, and another Lucky supermarket […] The post Jim Pattison Developments Buys Two East Bay Lucky Supermarket Sites for $42.6MM…

East Bay supermarket property is bagged by Canadian tycoon’s company

CONCORD — Despite tense trade relations between the United States and Canada, a Canadian tycoon is showing an appetite for Bay Area real estate and has added an East Bay supermarket site to his holdings. According to documents filed March 13 with the Contra Costa County Recorder’s Office, Canada-based Jim Pattison Developments U.S. Inc. purchased a Lucky supermarket site in Concord for $18.3 million in an all-cash deal. The price was 11.6% highe…