Kroger wants to buy Sang Hahn’s shopping center in Oakland, California, to make way for a big-box grocery store, but Mr. Hahn has told Kroger he does not want to sell.
But not to worry, city officials are to the rescue! The Oakland City Council voted this week to authorize their power of eminent domain over Sang Hahn’s shopping center. If Kroger cannot pressure Mr. Hahn to accept their lowball offer, Kroger will just ask the politicians to forcefully acquire Mr. Hahn’s property for them.
Read the full story here.