News Coverage CSNews –Published: Tuesday, April 25, 2006
RETRACTION: BP PUTS 23 LOCATIONS ON SALE BLOCK
CHICAGO – NRC Media, public relations firm for BP, has issued a correction on information it
distributed to the press regarding BP's sale of 23 sites in the northern New Jersey area.
The correct information is as follows.
NRC Realty Advisors has been engaged by BP Products North America Inc. to coordinate and execute the
sale of 22 properties in northern New Jersey and one property in Freeport, New York. The properties
include 18 BP branded gasoline stations, three vacant land parcels and one land parcel with an existing building.
Of the 18 BP branded gasoline stations, 14 include convenience stores. These properties are currently company-owned,
company-operated BP gas stations being offered with a ten-year Dealer Supply Agreement, with five-year extension terms.
Two vacant land parcels are being sold for development as new BP branded gasoline stations. The remaining land parcel
is being sold “as-is” for redevelopment.
The properties will be sold through a sealed bid sale. Bidders may bid on one, some or all properties
with bids due by Thursday, June 8, 2006. A complete list of sites and information on submitting bids
is available online at www.nrc.com/607, or by calling the NRC Customer Service Center at 800.747.3342, ext. 607.
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