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Buena Park City Council Votes Yes on Wal-Mart

BUENA PARK, CA-The five-member council voted unanimously to transfer a $3.2 million lease at the former Fedco facility to Wal-Mart. The space is located at the Buena Park Mall.

By Erin Cassin | Updated on August 29, 2001

BUENA PARK, CA-The five-member Buena Park City Council gave approval yesterday to bring retail giant Wal-Mart to the city, with a unanimous yes vote.

The council has given the go-ahead to enter into a leasehold purchase agreement with CDM Investors LLC, which will allow the city to take over the former Fedco facility. The $3.2-million lease will then be transferred to Wal-Mart, as the new tenant in the space. The facility is located at 8450 La Palma Ave., on the east side of the Buena Park Mall.

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