Content about Montvale, New Jersey

March 13, 2013

Grocer A&P, which emerged from bankruptcy in March 2012, announced on Tuesday that it is under contract for the sale of its real estate interests in a few non-core store locations.

MONTVALE, NJ – Grocer A&P, which emerged from bankruptcy in March 2012, announced on Tuesday that it is under contract for the sale of its real estate interests in a few non-core store locations. 

The pending deals are a combination of leasehold sales and sale-leaseback transactions that are expected to generate proceeds for the company in excess of $130 million, the retailer stated.