MORENO VALLEY, CA—Supermarket chain Aldi has acquired 55-acre site in Moreno Valley with plans to locate a regional headquarter and to build a Southern California distribution center. The chain also has its sites set on launching 650 new stores in the US in the next five years, according to a recent report in the Los Angeles Times.

Illinois-based Aldi plans to build 850,000-square-foot DC east of the 215 Freeway. It would serve about 200 stores in the region, the Times says, quoting real estate brokerage the Klabin Co.

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