Printer Friendly

THE PRICE COMPANY ANNOUNCES A $14.35 MILLION REAL ESTATE TRANSACTION

 SAN DIEGO, Dec. 21 /PRNewswire/ -- The Price Company (NASDAQ: PCLB) announced today that on Dec. 18, 1992, it closed a real estate transaction in which Price REIT purchased from The Price Company, for $14.35 million cash, a former Price Club property located in Santa Ana, Calif. The property consists of a 120,800-square-foot warehouse and 11.9 acres of land. The premises are leased to Home Depot under a long-term lease.
 -0- 12/21/92
 /CONTACT: Robert J. Hunt, executive VP and CFO of The Price Company, 619-581-4645/
 (PCLB)


CO: The Price Company; The Price REIT Inc. ST: California IN: REA SU: RLE

JB-LS -- SD001 -- 8621 12/21/92 09:06 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Dec 21, 1992
Words:113
Previous Article:HEALTHAMERICA TO ACQUIRE RIVERSIDE HEALTH PLAN
Next Article:VISA: VISA AND MASTERCARD OBTAIN RESTRAINING ORDER AGAINST NATIONWIDE PYRAMID SCHEME
Topics:


Related Articles
MONMOUTH REAL ESTATE INVESTMENT CORPORATION ANNOUNCES EXPANSION PLANS, A MAJOR PROPERTY ACQUISITION AND EXPANDED BANK LINES
Snyder Oil Reports Record 1996 Results
Crescent Real Estate Equities Announces Details of Carter-Crowley Transaction and Completion of Pending Investments
First Midwest Reports Record Earnings; Second Quarter EPS of $0.63, Up 14.5%.
BOE Financial Services of Virginia, Inc. Announces 9.5% Increase In 1st Quarter Earnings.
$600 Million Loan for BioMed Realty Trust, Inc. Structured, Syndicated by KeyBank Real Estate Capital.
BMP Sunstone Exchanges and Calls Outstanding Notes Due May 2009.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters