Fresh & Easy Estate Gets OK For $41.5M Property Sale

Law360, Wilmington (December 19, 2013, 9:01 PM EST) -- A Delaware bankruptcy judge gave the nod Thursday to the estate of Fresh & Easy Neighborhood Market Inc.'s sale of 53 properties to a unit of Fortress Investment Group LLC for $41.5 million, capping off the second phase of the high-end supermarket chain's strategy to sell off its assets.

The land parcels in Arizona, California and Nevada went for a purchase price that is subject to adjustments to EM-80 UAV Darkco LLC, which is associated with Fortress' Drawbridge Special Opportunities Fund and was the stalking horse...
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