Getty

Getty Realty Selling 66 Properties

The majority of the sites are located on high-traffic corners in mature neighborhoods and in small towns. Getty Realty Corp. is divesting 66 commercial and retail properties. The 66 properties are located in a variety of urban and suburban markets in six Northeastern and Mid-Atlantic states, including 11 properties in New York, 21 in New

Moneystacks

Lehigh Gas Files For IPO

Lehigh Gas Partners LP filed with U.S. regulators on Friday to raise up to $120 million in an initial public offering (IPO) of its common stock to help repay debt and reimburse its general partner. The company this month entered into a master lease agreement with an affiliate of Getty Realty Corp. for 120 more

Getty

Getty Realty Corp. Repossesses 788 Properties

Getty enters into new lease agreements with affiliates of Lehigh Gas, Chestnut Petroleum Distributors, Ramoco Fuels and Sam’s Food Stores. Getty Realty Corp.’s master lease with Getty Petroleum Marketing Inc. (Marketing) has been rejected by Marketing effective April 30, 2012, pursuant to an order of the Bankruptcy Court.   The rejection was consistent with the

Getty

Details Emerge On Getty Petroleum Marketing Bankruptcy

“We welcome the fact that the process will now have structure and the supervision of the Bankruptcy Court to protect the value of our estate,” says Getty Realty Corp. CEO. Getty Realty Corp. has announced that Getty Petroleum Marketing Inc. (GPM), the company’s largest tenant, has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court,

Getty

Breaking news: Getty Petroleum Marketing Files for Bankruptcy

Gas marketer Getty Petroleum Marketing Inc has filed for Chapter 11 reorganisation, Reuters reported.  The bankruptcy filing comes a week after Getty Realty Corp. threatened to end its lease agreement with the gas-station operator for defaulting on payments. East Meadow, N.Y.-based Getty Petroleum Marketing is the largest tenant of Getty Realty, which owns and leases

Getty Realty Corp. Appoints Senior Director of Acquisitions

Getty Realty Corp., a publicly traded REIT focused solely on ownership and leasing of retail motor fuel and convenience store properties, has hired Mike Ross as senior director of acquisitions. Ross has more than 15 years of origination experience at well-known industry firms including: Trustreet Properties, Merrill Lynch and FMAC. Ross will be based in

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