• Cumberland Farms to sell 18 convenience stores & 2 undeveloped sites

    From NPN Magazine

    Cumberland Farms, Inc. plans to sell 18 convenience stores, some of which are operating, some of which are closed, plus two retail development sites. All of the properties are in the Northeast, according to a statement by NRC Realty & Capital Advisors, which said it was retained to handle the sale.

    The company has a market-leading position throughout the Northeast as well as a significant presence in the Mid-Atlantic region and Florida.

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  • NRC Announces the Acquisition of City Stop Assets by S&S Fuels, LLC

    NRC Realty & Capital Advisors, LLC ("NRC") announced today that S&S Fuels, LLC ("S&S") of Littleton, Colorado, has acquired all of the assets of City Stop Inc. and its affiliates ("City Stop") in the metropolitan Las Vegas, Nevada market. NRC served as the exclusive financial advisor to City Stop during the private placement sale.

    City Stop offers a "one-stop-shopping" concept, providing customers with multiple services such as gasoline, car washes, groceries, gaming and US Postal Service units.

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  • NRC announces auction of cross-dock industrial portfolio

    NRC Realty & Capital Advisors, LLC, announced today that it has been retained by YRC Worldwide to coordinate the sale of 61 surplus cross-dock industrial sites located throughout the country. Geographically, the sites are primarily in the Southeast and Midwest with the remaining sites in New England, Texas and Los Angeles, California. While the sites are improved with cross-dock terminals, they are also adaptable to a variety of industrial, and in some cases retail, uses. YRC Worldwide has one of the largest less-than-truckload (LTL) networks in North America YRC Worldwide has designated these sites as surplus and has closed the facilities over the past several years.

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  • The Pantry Divesting 37 Stores

    From Convenience Store Decisions

    The Pantry Inc. is selling 37 stores located in nine states throughout the Southeast as part of a strategic divestment. The facilities are located in a variety of markets in Alabama (2), Florida (4), Georgia (4), Kentucky (1), Mississippi (1), North Carolina (13), South Carolina (6), Tennessee (1) and Virginia (5).

    The properties include four company-owned and 33 leased locations. All are operating convenience stores with gas. The stores range in size up to 4,800 square feet and property lot sizes range from relatively small parcels up to three-acre sites.

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  • NRC Realty To Sell 26 Properties In West Virginia, Pennsylvania & Ohio

    NRC Realty & Capital Advisors, LLC (NRC) announced today that it will be coordinating the sale of 22 operating and closed c-stores plus four excess retail pad sites currently owned, leased, and/or operated by Prima Marketing, LLC, of Denver, Colorado. The properties are located in West Virginia and nearby areas of Pennsylvania and Ohio and include a mix of operating gas stations with c-stores, closed sites, and retail pad sites on key corners.

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NRC.com   »  About Us   »  News   »  Press Releases   »  Andrew J. Ullman joins NRC Realty & Capital Advisors as Vice President in NYC

Press Releases

Friday, August 28, 2009

Andrew J. Ullman joins NRC Realty & Capital Advisors as Vice President in NYC

Source: Hudson Valley Business Journal

Andrew J. UIlman joined NRC Realty& Capital Advisors, LLC as Vice President and will lead NRC?s business development team in New York City. UIlman?s focus will include securing listings of commercial real estate assets for accelerated sale by sealed bid and live auction, including retail, industrial, office, multi-family and fractured condominium projects, with a special emphasis on the sale of distressed and bank-owned assets and other real estate-related opportunities.

NRC Realty & Capital Advisors, LLC is a Chicago-based firm specializing in the accelerated sale of real estate by auction and sealed bid sale. The firm provides a full array of real estate and financial advisory services, including: Portfolio Analysis and Optimization; Refinancing, Recapitalization and Sale-Leaseback Financing Options; Workouts and Restructures, Divestiture Strategies; and Merger and Corporate Acquisition Opportunities (sell side and buy side).

Ullman brings to NRC Realty Advisors a mix of international business and Wall Street experience. Ullman started his career in a business development role in the Shanghai, China office of Parlex Corporation, a global electronics manufacturing firm. Following his time overseas, he went to work in the Investment Banking Division of Goldman, Sachs & Co. in New York, where he played significant roles in the origination, execution and advisory phases of transactions among various sector groups, including REITs. He also brings private equity and M&A advisory experience to the firm.

?We are thrilled to have Andrew join NRC,? says Dennis Ruben, Managing Director, NRC Realty & Capital Advisors. ?His financial background and Wall Street experience will prove of great value to NRC?s clients in New York.

© Hudson Valley BUSINESS JOURNAL 2009