Kroger to Lease New Facility in Southern California: Report
Kroger Co. has reportedly agreed to lease a 552,000-square-foot facility that will be built in Paramount, Calif., a few miles east of downtown Los Angeles.
November 16, 2007
ELLIOT ZWIEBACH
CINCINNATI — Kroger Co. here has reportedly agreed to lease a 552,000-square-foot facility that will be built in Paramount, Calif., a few miles east of downtown Los Angeles. Representatives of Kroger and its Southern California-based subsidiary, Ralphs Grocery Co., could not be reached for comment. However, a spokesman for Birtcher Development & Investments, Irvine, Calif., told SN the facility will be a dry grocery warehouse for which Kroger signed a 30-year lease valued at $207 million. The facility will be part of a 26.4-acre site, the developer said.
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