Thread: Wal-Mart building under contract
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Old 03-18-2005   #1 (permalink)
dave
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Wal-Mart building under contract
According to the Times, Blue Ridge Capital LLC has entered into a contract to purchase the current Wal-Mart property. This property went on the market after Wal-mart announced they would be building a new SuperCenter here in Demopolis.

So far, no one seems to know what Blue Ridge has in store for the building. They've told the Times "We are exploring our alternatives," McPhail wrote, "but nothing in the works yet." Of course, this is what Wal-Mart told the Times when they asked about the SuperCenter, when they in fact had already decided to build one.

So, what's going into the old building? I'm not convinced they don't already have an investor lined up.
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