From CSP Daily News
SCOTTSDALE, Ariz. -- Last year was truly a banner year for merger and acquisition activity in the convenience store industry. We witnessed the culmination of major oil company retail asset divestitures, as well as a very aggressive acquisition program by 7-Eleven Inc.read more
From Convenience Store Decisions
7-Eleven Inc. retained NRC Realty & Capital Advisors to coordinate the sale of 30 gas stations and c-stores in upstate and western New York.
The 30 locations stretch from Fredonia and Buffalo in the west through Elmira and Watertown to communities next to Lake Champlain in northeast. Lot sizes range from 5,500 to nearly 81,000 square feet, while store sizes range from 1,100 to 3,500 square feet. All sites are being sold without 7-Eleven branding. Fuel sites are currently branded Mobil, Sunoco or unbranded.read more
From Convenience Store News
CHICAGO -- Getty Realty Corp. has tapped NRC Realty & Capital Advisors to lead its divesture of 66 retail and commercial properties. The sites are spread through six markets in the Northeast and Mid-Atlantic regions.
“These sites are very attractive for a variety of retail and commercial uses,” said Dennis Ruben, NRC's executive managing director. “The majority are located on high-traffic corners in mature neighborhoods and in small towns. Investors will also be interested in bidding on many of the locations under licenses with operators.”read more
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.read more
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.read more
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.read more