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Monday, August 10, 2009

Circle K Selling 87 Sites

Source: CSP Daily News

LAVAL, Quebec — Circle K Stores Inc., a subsidiary of Alimentation Couche-Tard Inc., is selling 87 locations. The final list of properties to be divested includes 74 petroleum sites and an additional 13 commercial sites. Of the total, 60 properties are operating locations, 22 are closed stores and five are vacant sites.

Properties are located in various markets in Alabama (4), Colorado (2), Florida (41), Georgia (19), Illinois (1), Louisiana (3), Mississippi (1), Missouri (2), New Mexico (6), North Carolina (3), Oklahoma (1), South Carolina (2), Tennessee (1) and Texas (1). The majority of the sites include the real estate, while others consist of leasehold interests.

Chicago-based NRC Realty & Capital Advisors LLC will be assisting Laval, Quebec-based Circle K and Couche-Tard with the sale under a previously announced retention agreement.

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