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    Associated Grocers, Sabey Corp. Reach Sale/Leaseback Agreement

    SEATTLE - Regional wholesaler Associated Grocers, Inc. (AG) and GVA Kidder Mathews last week agreed to a sale/leaseback of AG's 55.27-acre Seattle headquarters and distribution facility of over 1 million square feet with Sabey Corp. of Seattle.

    SEATTLE - Regional wholesaler Associated Grocers, Inc. (AG) and GVA Kidder Mathews last week agreed to a sale/leaseback of AG's 55.27-acre Seattle headquarters and distribution facility of over 1 million square feet with Sabey Corp. of Seattle.

    AG's board of directors voted unanimously to accept Sabey's offer pending finalization of contract terms.

    GVA Kidder Mathews, a Pacific Northwest full-service commercial real estate firm, was hired in December 2006 to market the property, which is located on the border of Seattle and Tukwila.

    AG provides food, nonfood, general merchandise, and retail services to more than 320 stores throughout Washington, Oregon, Alaska, Hawaii, Guam, and the Pacific Rim.

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