Home Industries Real Estate Kroger buys Burlington Pick ‘n Save store building

Kroger buys Burlington Pick ‘n Save store building

By
Hunter Turpin
-
Image from LoopNet

Cincinnati-based grocer Kroger Co. purchased a Pick ‘n Save store building in Burlington for $8.9 million, according to state records. Kroger is the parent company of Roundy’s, which owns and operates Pick ‘n Save grocery stores. The Burlington Pick ‘n Save store building, located at 1008 Milwaukee Ave., was sold by an affiliate of San

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Hunter Turpin
Hunter covers commercial and residential real estate for BizTimes. He previously wrote for the Waukesha Freeman and Milwaukee Journal Sentinel. A graduate of UW-Milwaukee, with a degree in journalism and urban studies, he was news editor of the UWM Post. He has received awards from the Milwaukee Press Club and Wisconsin Newspaper Association. Hunter likes cooking, gardening and 2000s girly pop.
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Cincinnati-based grocer Kroger Co. purchased a Pick 'n Save store building in Burlington for $8.9 million, according to state records. Kroger is the parent company of Roundy's, which owns and operates Pick 'n Save grocery stores. The Burlington Pick 'n Save store building, located at 1008 Milwaukee Ave., was sold by an affiliate of San Diego-based Realty Income Corp., a real estate investment trust with more than 15,000 properties nationally. The Pick 'n Save building in Burlington has about 50,000 square feet of space and was built in 2009. It has an assessed value of $6.9 million, according to Racine County records. Located along a retail corridor with stores like Aldi, Walmart and Menards, the Pick 'n Save building is attached to a separately owned property occupied by Kohl's. That parcel is owned by a Milwaukee-based entity.

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