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PriceSmart Inc Announces Property Acquisition For Sixth New Warehouse Club In Costa Rica

Thursday, 7 Feb 2013 08:00am EST 

PriceSmart Inc announced that on February 4, 2013 it acquired approximately 20,370 square meters of land located in La Union, Cartago, Costa Rica, upon which PriceSmart plans to construct its sixth Membership Warehouse Club in Costa Rica. PriceSmart currently anticipates opening the Cartago Club in the fall of 2013. PriceSmart entered the Costa Rica market thirteen years ago and is currently operating five PriceSmart Membership Warehouse Clubs in Costa Rica, pending the opening of this planned sixth Club. terms of the transaction were not disclosed. 

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1.35 +1.54%
31 Oct 2014