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bp selloff continues

By CSD Staff | September 10, 2007

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Company puts 34 sites in Ohio up for auction.

BP has retained NRC Realty Advisors, LLC (NRC) to coordinate the sale of 34 sites located throughout Columbus, Cleveland and Cincinnati, Ohio marketing areas. Of the 34 sites, 17 are BP-branded gasoline stations of which two are closed and can also be offered for redevelopment for

other commercial use. The remaining 15 sites will be offered for commercial redevelopment, including two vacant land parcels.

The sites are being sold through NRC’s sealed bid sale process. The deadline for sealed bid submission is Nov. 8, said Hope Mineo, managing director of NRC.

This is the fourth major sell-off BP will execute in 2007 and second in Ohio. In July, BP cut a deal with Tampa, Fla.-based Giant Oil Co., selling off 26 stations in the Akron, Ohio area. BP, in June, sold 28 Stores in Indianapolis and in March the company sold 36 stations in Chicago to expand its am/pm franchise brand.

NRC will conduct a How-To-Bid Seminar on Oct. 18th in Columbus, Ohio. Interested parties are encouraged to attend. For reservations, please contact the NRC Customer Service Center at (800) 747-3342, extension 717.

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  • Home
  • Today on CSD
  • Categories
    • CBD
    • Foodservice
    • Fuel & Gas
    • Health & Beauty
    • Independent Operators
    • Operations & Marketing
    • Technology
  • CStore Playbooks
    • Alcoholic Beverage Playbook
    • Candy Playbook
    • CBD Playbook
    • Foodservice Playbook
    • Technology Playbook
    • Tobacco Playbook
  • Products
    • 2022 Hot New Product Contest
    • Hot New Products Contest
    • Beverages & Cold Vault
    • Candy, Gum & Mints
    • Snacks
    • Tobacco
  • Resources
    • Digital Issues
    • Research & Downloads
    • Podcasts/How To Series
    • On Location
    • FAQ
    • 2022 Top 111 Chains
    • Leaders in Convenience
    • Rack Prices
    • Sponsored Content
    • Videos
    • Webinars / Digital Events
    • White Papers
  • Events
    • 2021 Chain of the Year
    • Convenience Directions
    • NAG Convenience Conference
    • Young Executive Organization
  • Join
    • National Advisory Group
    • Safe Shop Assured
    • Young Executive Organization