Wildwood ACME Land Sells for 9 Million +
It may be 2019 but it seems that the selling craze of 2018 is continuing.
Last week we learned that the Howard Johnson is going to be changed into a Quality Inn. You can read that story below.
Howard Johnson To Become Quality Inn
Also see the other Major Wildwood Hotel that is up for sale (Link Below)
Wildwood Motel Up For Sale
We just learned that the ACME Market land located at 5200 Park Blvd (Bennett Ave and Park Blvd) just sold for $9,460,000.
The property, which is just shy of 2 acres, was sold to Bkp Sandcastle Wild. LLC from Cf Albert Propco LLC.
There are a few interesting facts about this land. The land was last sold back on November 12th 2017 from Acme Markets Inc. to CF Albert Propco LLC. for $8,113,287. Now that name might seem normal but there’s an interesting story behind it.
In doing some research we found that CF Albert Propco LLC is a division of Albertsons. Albertsons Companies LLC owns many grocery companies such as Vons, Safeway, Jewel Food Stores and Acme Markets. This means that ACME, who is owned by Albertsons sold their land to Albertsons. [Yea that kind of confused me too.]
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