NRC Realty & Capital Advisors help 7-Eleven with the sale of 30 c-store properties in upstate and western New York. 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. 7-Eleven acquired these properties as part of its acquisition of Wilson…
Speedway To Acquire 10 Road Ranger Sites
The sale of 10 Road Ranger locations in Ohio and northern Kentucky is expected to close by the end of July. Speedway LLC has signed an agreement to acquire 10 convenience stores throughout Ohio and northern Kentucky from Road Ranger LLC, Reuters reported. Speedway paid for the transaction with cash and a truck stop located…
Breaking News: 7-Eleven Acquiring Open Pantry
7-Eleven Inc. is in negotiations to acquire most of the Open Pantry Food Marts of Wisconsin chain, a move that would give the c-store behemoth with 6,800 stores across the U.S. a foothold in Wisconsin, where it currently has no stores, the Milwaukee-Wisconsin Journal Sentinel reported. 7-Eleven has reportedly applied for licenses for Open Pantry locations…
Cloutier Oil Divests Stores To Victory Properties
A 53-year old company exits the c-store business. Cloutier Oil, after 53 years in the business, has sold its business to Victory Properties. Victory Properties, is a partnership formed by Rex Gillis of Columbus and Joe Morris of Ridgeland, two businessmen who also do business with Shell Oil. Victory properties purchased 11 Gas Lane and…
Pilot Flying J To Acquire Western Petroleum
“The acquisition of Western Petroleum’s operations and employing Western Petroleum’s talented workforce is a significant complement to an important aspect of our growth strategy,” says Pilot Flying J CEO. Pilot Flying J is acquiring Western Petroleum LLC. Western Petroleum is a market leader in selling and transporting approximately 200 million gallons of fuel and lubricants…
QuikTrip Grows in Tuscon
With nine stores already in operation locally and three under construction, QuikTrip makes plans for more locations. QuikTrip continues its Arizona expansion as it plans to begin construction on a new Tuscon, Ariz. convenience store and gas station this May at South Alvernon Way south of East 22nd Street from Evergreen Development Co., the Arizona…
Sunoco Adds 11 Retail Locations
Latest acquisition strengthens Sunoco’s position as fuels retailer and convenience store operator in Florida. Sunoco Inc. has acquired 11 retail locations in Daytona, Fla., and the surrounding communities in Volusia County from First Coast Energy L.L.P. Each location will be company operated and include an APlus convenience store. “We continue to grow in areas where…
Speedway To Acquire 88 Gas America Locations
“They are very well-managed stores that will complement our existing network,” says Speedway spokesperson. Speedway LLC and GasAmerica Services Inc. have signed an agreement in which Speedway will acquire 88 operating locations situated throughout Indiana and Ohio from GasAmerica, plus several parcels of undeveloped real estate for future development. “GasAmerica Services, Inc. has been a…
Tedeschi Acquires Six Munces Stores
Now operated by Tedeschi, the former Munces stores undergo a remodel to accommodate fresh foods. Massachusetts-based Tedeschi Food Shops has acquired six stores in central New Hampshire, two of which are in Plymouth, and one of which is operated in Warren. Former Munces stores located at 22 Main Street and 494 Tenney Mountain Highway in…
7-Eleven Closes Sam’s Mart Deal
The 55 acquired stores are scheduled for rebranding as 7-Elevens in 2012. 7-Eleven Inc. has closed on the acquisition of 55 Sam’s Mart stores from Sam’s Mart LLC. Terms of the deal were not disclosed, but Slurpee drinks and Big Bite hot dogs aren’t the only good news 7-Eleven stores’ return to the Greater Charlotte…