Tuesday, April 23, 2013
7-Eleven to Sell 139 Convenience Stores, 43 in DFW
Source: Dallas Business JournalBy Lance Murray, Digital Content Producer
Dallas-based 7-Eleven Inc. is going to sell 139 of its properties, 43 of which are located in the Dallas-Fort Worth area.
The trade publication Convenience Store Decisions said that 83 of the gasoline/convenience stores are located in Texas, 31 in Florida, 11 in Ohio, eight in Pennsylvania, five in Utah and one in Wisconsin.
"There are some terrific properties in this package that simply don't fit 7-Eleven's business model," Robbie Radant, 7-Eleven vice president of mergers and acquisitions told CSD. He said that all the stores were part of the more than 1,000 locations the company bought in the past three years.
7-Eleven has retained NRC Realty & Capital Advisors LLC (NRC) to coordinate the sale, CSD reported.