Finally, something NOT "for the children"
Looks like that Whole Foods-Wild Oats deal may cost some local schools some money.
| Posted at 1:44 PM | Permalink |
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This page contains a single entry from the blog posted on September 19, 2007 1:44 PM.
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Comments (2)
In other local supermarket news, someone on the San Diego Chargers just bought the shopping center where the Concordia New Seasons is located.
http://www.dolanmedia.com/view.cfm?recID=238906
Huh?
The only SD Charger of any significance with Oregon roots is former UO end Igor Olshansky. I don't see it being him, though, since he's only halfway through a $7 million contract. It seems unlikely that he would have $2.6 million laying around to invest in a shopping center. Must be another player. LaDainian? Very weird.
Posted by benschon | September 19, 2007 5:21 PM
You don't need to have $2.6 million to buy a property for $2.6 million. All you have to do is have enough for a decent down payment (probably a half-million would do) and good enough credit for financing. Rents from the shopping center will pay off the mortgage and other costs.
I have to say, having New Seasons in town gets better and better every day, considering the alternative.
Posted by Gil Johnson | September 19, 2007 9:17 PM