• 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.

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  • 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.

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  • 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.

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  • 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   »  Press Releases   »  Florida developers selling two prime residential development parcels in Sarasota and Bradenton

Press Releases

Thursday, January 25, 2007

Florida developers selling two prime residential development parcels in Sarasota and Bradenton

CHICAGO, IL January 25, 2007 - NRC Realty & Capital Advisors, LLC (NRC) has been retained by LandBuilder West, LLC to coordinate the offering of two development properties located in Sarasota and Bradenton, Florida by sealed bid on February 8, 2007.

The sale portfolio consists of Country Chase, a 25-acre site zoned for residential use with 5-acre estates possible. The land is surrounded by several golf clubs including the Tournament Players Club Prestancia, and is ideal for a custom homebuilder or to maintain as a 25-acre estate within minutes to downtown Sarasota and beaches. Prospect Pointe is a 14-acre site with preliminary site plan and final zoning for 38 single family homes in Bradenton Florida. This in-fill parcel is located in high growth area of Manatee County at 63rd Avenue and Prospect Road.

"These are exceptional development properties in high-worth areas," said Hope Mineo, Managing Director of NRC. "Builders, estate holders and 1031 investors will appreciate the unique value of these Florida west coast properties." There is no minimum bid required and a two percent commission will be paid to properly registered brokers whose prospects close on the properties according to Mineo.

NRC is offering a free sales brochure providing an overview of the property listings as well as individual property specific packages (PSPs). The $35 PSPs ($25 CD-ROM versions available upon request) contain site-specific bid packages and detailed due diligence information.

All sites will be sold through a sealed bid sale in a "buy one or both" format; bids are due February 8, 2007. For bid submission guidelines, or to order the brochure and PSPs, contact the NRC Customer Service Center at 800.747.3342, extension 622, or visit www.nrc.com/622.

NRC Realty & Capital Advisors, LLC, specializes in the accelerated sale of North American commercial real estate property. With a concentration in the convenience store industry, NRC provides divestiture, commercial and financial advisory real estate services. Since 1989, it has sold more than 10,000 parcels, including 1,600 sites (generating $500 million) in the past 3 years. Clients include globally-recognized companies in a variety industries, including petroleum (BP, Shell, and Sunoco), convenience stores (White Hen, BP Connect, ampm), financial institutions (GE Capital, Bank One, and Wachovia), retail (Kmart), and closely-held distributorships and independent retailers. For more information, visit www.nrc.com.