On March 1, 2011 Getty Realty Corp. was informed by management of Lukoil North America LLC that Lukoil transferred its interest in its wholly-owned subsidiary, Getty Petroleum Marketing Inc. (Marketing), Getty Realty’s largest tenant, to an unrelated party on Feb. 28, 2011. Getty Realty has commenced a preliminary dialogue with the new management of Marketing.
Sunoco Inc. has reached an agreement with the New Jersey Turnpike Authority and Getty Petroleum Marketing Inc. to begin operating the nine fuel stations at service plazas along the Garden State Parkway, one of the most heavily traveled roads in the nation. The new six-year agreement begins January 2011 and runs through December 2016. Sunoco