Locations are available in eight northeastern states. Cumberland Farms Inc., which operates 589 convenience store locations, is divesting 18 operating and closed convenience stores, plus two retail development sites throughout the Northeast. The 20 properties are located in a variety of urban and suburban markets in eight Northeastern states—six properties each in Massachusetts and…
The Pantry Divesting 37 Stores
Four company-owned and 33 leased sites are available in nine Southeastern states. The Pantry Inc. is selling 37 stores located in nine states throughout the Southeast as part of a strategic divestment. The facilities are located in a variety of markets in Alabama (2), Florida (4), Georgia (4), Kentucky (1), Mississippi (1), North Carolina (13),…
Suncor Sells Non-Core Assets in Northeast B.C.
Calgary, Alberta-based Suncor Energy has reached an agreement with Progress Energy Resources Corp. to sell certain natural gas properties for about $390 million (in Canadian dollars). Current production on these lands is about 43.8 million cubic feet equivalent per day (mmcfe/d). The sale includes properties known as Jedney, Beg and Blueberry, which are located in…
Is Your Land at Risk?
The question of eminent domain may sound scary and far fetched, but as a convenience store owner your land could in fact be seized by a municipality. It happens more than you think, said noted attorney William Goldman, who works with landowners facing this threat to ensure they get what they deserve. Goldman spoke with Convenience…