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Market Intelligence

Costco Looking to Buy

March 23rd, 2009 Dike Drummond Posted in Commercial Real Estate Investing, Market Research, Retail Property, The Economy | No Comments »

Last week Reuters reported that Costco CEO Jim Sinegal told a Portland, OR audience that the company considers now to be a great time to buy.

“We’re getting better deals on real estate. People who didn’t want to talk with us about shopping center sites now want to talk with us.”

Costco has 535 stores currently and usually builds another 25 – 30 per year.

Click here for the full article…

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