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Under Pressure from Shareholders, SuperValu Hires CBRE to Shop Distribution Centers

A SuperValu distribution center in Hopkins, MN
Pressured by shareholders to unlock the capital tied up in its owned real estate, SuperValu Inc. (NYSE:SVU) disclosed this morning it has hired CBRE to assist it in evaluating the potential sale/leaseback of its distribution network. The move follows yesterday’s announcement from Blackwells Capital LLC, a New York alternative investment management firm, that it intends to nominate a new slate of directors…

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