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PriceSmart, Inc. Announces Purchase Agreement For Additional Real Estate In Costa Rica


Friday, 10 Feb 2012 08:00am EST 

PriceSmart, Inc. announced that on January 9, 2012 it entered into an agreement to acquire approximately 16,038 square meters of property located in La Union, Cartago, Costa Rica, upon which PriceSmart anticipates constructing its sixth Membership Warehouse Club in Costa Rica. The transaction, is currently planned to close this calendar year. PriceSmart currently anticipates opening the Cartago Club in the summer 2013. Terms of the transaction were not disclosed. 

Company Quote

86.93
-0.72 -0.82%
23 May 2013