SuperValu Inc. completed its acquisition of 18 Rainbow stores in the Twin City area from Roundy’s Inc. for $65 million.

Following the store conversions, SuperValu will supply all 18 of the acquired stores out of its Hopkins, Minnesota distribution center.

SuperValu along with four Twin Cities-based independent retailers – Jerry’s Enterprises, Haug Enterprises, Lund Food Holdings and Radermacher Enterprises – are expecting to complete the store…

from Minneapolis Commercial Real Estate News From CoStar Group http://ift.tt/1jto2AE
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