Press Releases

BP CONTINUES DOWNSIZING

Company auctioning off hundreds of stores in major markets through NRC Realty. BP Inc. has engaged NRC Realty Advisors to auction off hundreds of properties and supply contracts throughout the U.S., including several major markets in New York, New Jersey and California, over the next two months.

The properties are available in a buy one, some or all format in each market making them potentially attractive to operators looking to enter a new market or solidify operations in an existing market.

Here is a list of up-to-date for sale and bidding deadlines:
  • 75 ARCO gas stations with attached am/pm convenience stores in Arizona, California, Oregon and Washington. The bid deadline is May 26

  • In Illinois, Indiana, Ohio and Pennsylvania, BP is auctioning 115 properties. The sale includes 27 BP convenience stores, three vacant lots for development as new BP gasoline stations with fuel supply agreements, four vacant lots for development as new non-BP gasoline stations and 81 commercial sites. The bid deadline is June 7.

  • 14 BP convenience stores with gas stations, 4 standalone gas stations, two vacant lots for development as new BP gasoline stations and five commercial lots in New York and New Jersey. The bid deadline is June 8.

  • Supply contracts to 16 BP Connect franchise stores, 28 BP gas stations and 19 commercial sites in Illinois, Indiana, Ohio and Pennsylvania. The bid deadline is June 27.
NRC offers online seminars (www.nrc.com/current/How-To-Bid.php) to guide interested buyers through the bidding process. For more information, contact NRC at 800.747.3342.


Contact:
Nicole Davis
NRC Media
312.278.6813
nicole.davis@nrcmedia.com

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