ALDI FOODS ACQUIRES FORMER CIRCUIT CITY PROPERTY

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TRAVERSE CITY, MICH. — Aldi Foods has purchased a 22,331-square-foot retail building in Traverse City. The former Circuit City property is located across from Grand Traverse Mall. Rick Vida of RSV&P Inc. represented the seller, Inland Real Estate of Chicago. Michael Lippet of Lormax Stern represented Aldi. The discount supermarket chain is expected to open at the location in December or January.

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