John-NYC-238x300

Managing A Retail Real Estate Portfolio

By John Matthews, founder of Gray Cat Enterprises Inc. For the multi-unit operator, managing a retail real estate portfolio is tricky business. Keeping winning stores in tip-top condition—both physically and financially—is the key to long-term success. The best multi-unit operators actively prune their portfolios in a proactive way and overtime, minimize the organization from becoming

acquisition

Sheldon Good & Company Auctions C-Stores And Gas Station Sites

A total of 31 retail sites in New Jersey, Florida and Pennsylvania are up for auction this summer. Sheldon Good & Company, a Racebook Portfolio Company and real estate auctioneer, announced an auction to sell a portfolio of 31 commercial real estate sites, all of which are gas stations, c-stores or development sites throughout New

LovesWeb

Love’s Opening 10 Oklahoma CNG Fueling Stations

With these 10 new fueling stations, Love’s CNG infrastructure count has reached 11, giving Oklahoma more than 70 existing or planned public CNG stations. Love’s Travel Stops & Country Stores, an Oklahoma City, Okla.-based and family-owned operator of more than 290 travel stops and convenience stores, has scheduled grand opening events for six of 10

racetrac

RaceTrac Leverages Projectmates Construction Management Software

RaceTrac selects Projectmates for its flexibility, suite of business process workflows, and vast experience in the retail industry. RaceTrac convenience stores is leveraging Projectmates construction management software for its rapid expansion campaign. RaceTrac, which operates 320 retail gasoline convenience stores in five Southeastern states, is just one of the newest retail clients to adopt Projectmates—developed

436

Buck’s Inc. Selling Chicago Convenience Stores

Both company-owned company-operated sites and company-owned dealer-operated locations are available for purchase.   Buck’s Inc. is selling 62 properties located in the greater Chicago and St. Louis metropolitan areas by sealed bid sale. The St. Louis deadline (Feb. 22) has passed, but the Chicago bid deadline is set for March 8. NRC Realty & Capital

Kum & Go Store Planned For Berryville

A Kum & Go has been given the green light to proceed with the construction of a new gas and convenience store at the site of an old Kraft Food plant property in Berryville, Ark., the Carroll County News reported. Rob Wadle, Kum & Go’s real estate development representative recently appeared before the Berryville Planning

Cumberland Farms Selling 61 Stores

Cumberland Farms Inc. is selling 61 convenience store properties through a structured sale process to be managed by Matrix Capital Markets Group Inc. Cumberland owns the real estate at all of the sites and leases them to third party tenants under triple net lease agreements. These tenants operate independent convenience stores and other retail businesses

The Pantry Divests 80 Locations

The Pantry Inc., based in Cary, N.C., is selling 80 locations throughout the Southeast. The properties for sale include a mix of convenience stores with gas, stand-alone convenience stores, closed sites and prime real estate. Most of the stations are currently branded Kangaroo, Shell, Chevron, Citgo, Mobil, BP and Texaco. Stores are located in a

Marketing the Forecourt

When it comes to convenience stores, every square inch of selling space is precious real estate. And when the inside of a store is fully merchandised, the only place left to go is the forecourt area. Some convenience store retailers have always made good use of the forecourt area—whether or not it featured fuel pumps—to

7ads6x98ycss.php