From Convenience Store News
DALLAS -- 7-Eleven Inc. tapped NRC Realty & Capital Advisors to help sell 139 convenience stores and/or gas stations. Of the properties, 83 are in Texas, 31 in Florida, 11 in Ohio, eight in Pennsylvania, five in Utah and one in Wisconsin.
Forty-three of the Texas properties are located in the convenience store retailer's backyard of Dallas/Fort Worth. In addition, 10 are in the San Antonio market, 10 are near Austin and the remainder are located throughout east Texas.read more
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 NRC PRread more
From CSP Daily News
CHICAGO -- With the majority of major-oil retail selloffs generally complete, real-estate and financial advisors in the convenience store industry see a new phase of merger and acquisition activity nearing.
"The next phase for the industry is going to be further consolidation within the jobber network," John Sartory, managing director and principal of Petroleum Capital & Real Estate LLC, West Friendship, Md., told CSP Daily News recently. "If you're a small to midsized jobber or somebody that is looking to exit from the industry and you're waiting for the right time, now would be the time to do it."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, 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
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.read more
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.read more