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Red Mountain Acquires 20 Vacant Stores From Big Lots for $47.5 Million

Portfolio Is Located Mainly in Northern and Southern California
The Big Lot sites that Red Mountain Group acquired include this one in Fontana, California. (CoStar)
The Big Lot sites that Red Mountain Group acquired include this one in Fontana, California. (CoStar)
CoStar News
February 9, 2023 | 8:47 P.M.

Red Mountain Group has purchased 20 vacant big-box stores, mostly located in Northern and Southern California, from retailer Big Lots in an all-cash deal for $47.5 million.

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