• The Pantry Enters New Markets
    With Acquisition

    From Convenience Store News

    CARY, N.C. -- The Pantry Inc. will expand its portfolio of convenience stores into two new states through the signing of a definitive agreement to acquire 47 stores located in Kansas and Missouri from Presto Convenience Stores LLC.

    "This acquisition expands our geographic footprint and creates new fill-in opportunities for future growth," The Pantry President and Chief Executive Officer Terrance M. Marks said in a statement. The deal marks The Pantry's first venture into both of these states.

    read more

  • NAI Global Forms Alliance with
    NRC Realty & Capital Advisors for
    Online Sealed-Bid Auctions

    NAI Global, the world’s premier managed network of commercial real estate firms and one of the largest real estate services providers worldwide, has formed an alliance with NRC Realty & Capital Advisors, LLC. NRC will work with NAI Global brokers across the U.S. in disposing of single commercial properties and real estate asset portfolios.

    NRC will become a strategic partner in the Commercial Property PowerSale™, adding to the program’s live auction and loan portfolio sales capabilities.

    read more

  • NRC Realty Advisors changes name to
    NRC Realty & Capital Advisors

    To highlight its growth in financial advisory services since 2004, NRC Realty Advisors, LLC, a Chicago-based firm specializing in the accelerated sale of real estate by auction and sealed bid sales, has changed its name to NRC Realty & Capital Advisors, LLC.

    read more

  • NRC to Coordinate Nationwide Sale of
    More than 60 Former Bennigan's, Steak & Ale Properties

    CHICAGO, IL, September 17, 2008 -- More than 60 former Bennigan's Grill and Tavern and Steak & Ale properties located throughout the United States in prime, heavily trafficked locations will be sold next month in a sealed bid sale coordinated by NRC Realty & Capital Advisors, LLC. The bid deadline for the sealed bid sale is October 28, 2008.

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  • NRC Mart Opens ‘Doors’

    From the CSP Daily News

    CHICAGO -- NRC Realty & Capital Advisors LLC (NRC) has rolled out NRC Mart, a service for sellers of single or multiple convenience stores that capitalizes on NRC's extensive credentials in the sale of large portfolios. NRC Mart launched yesterday with an initial listing of approximately 20 c-stores with gasoline in Southern California, Arizona and Connecticut valued at $40 million, but is expected to have additional stores for sale in Chicago, Atlanta and other cities in the near future.

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NRC   »  About Us   »  News   »  C-Store News   »  Five Appco Properties Up for Grabs

C-Store News

Thursday, July 2, 2009

Five Appco Properties Up for Grabs

CHICAGO – NRC Realty Advisors LLC, the firm handling the sale of bankrupt Appalachian Oil Co.'s (Appco) assets, set a deadline for July 31, 2009, for five fee properties that were formerly operated by the convenience store chain.

The five stations are located in Woodway, Clinchport and Duffield, Va., and Manchester and Olive Hill, Ky. The real estate for these sites will be sold with no deed restrictions, according to NRC.Bidders can purchase stations in a "buy one, some or all" format.

The deadline for the other 47 operating Appco c-stores is July 9, 2009. A complete list of stations can be found at www.nrc.com/906, or by calling the NRC Customer Service Center at (800) 747-3342, extension 906.

Appco and its sister company, Crescent Oil, both subsidiaries of Titan Global Holdings, filed for chapter 11 bankruptcy protection earlier this year.

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