Kroger store sells

Oh my goodness, they’re selling my store! Wait… no, not mine. Sorry.

Kroger sells Pasadena store
— reported by the Houston Business Journal

Kroger Co. has sold portfolio of nine Kroger-anchored shopping centers, including one in Pasadena, for $79.9 million.


The Pasadena store is located at the 80,738-square-foot Kroger Junction shopping center at 2619 Red Bluff Road.


Kroger had owned all of the shopping centers, which collectively total almost 810,000 square feet, for several years. As part of the agreement, Kroger has signed long-term, 15-year leases to continue its operations in each of the nine Kroger grocery stores.

The agreement also affords Kroger the right to add fuel stations to some of the properties.


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