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…
Cumberland Farms Sells 20 Sites
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…
S&S Fuels LLC Acquires City Stop Assets
The c-stores are being rebranded as 7-Eleven stores, while the gas is being rebranded Sinclair. S&S Fuels LLC (S&S) of Littleton, Colo. has acquired all of the assets of City Stop Inc. and its affiliates in the metropolitan Las Vegas market. NRC Realty & Capital Advisors LLC (NRC) served as the exclusive financial advisor to…
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…
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),…
Prima Marketing Selling 26 Sites
Properties are available in West Virginia, Pennsylvania and Ohio. Prima Marketing LLC, of Denver, Colo., is selling 22 operating and closed c-stores plus four excess retail pad sites that it currently owns, leases, and/or operates. The properties are located in West Virginia and nearby areas of Pennsylvania and Ohio and include a mix of operating…
Eight Buyers Acquire Properties After RPM Bankruptcy
A total of 16 sites were sold in a sealed bid process. NRC Realty & Capital Advisors LLC (NRC) has completed the disposition of 16 operating and recently-closed convenience stores with gas in Alabama, Florida and Georgia, that were owned and operated by RPM Financial LLC and an affiliated company, USA Travel, at the request…
Bid Deadline Set For Florida Panhandle Stores
NRC Realty & Capital Advisors, LLC (NRC) has announced that Feb. 15, 2011 has been set as the bid deadline for the previously-announced sale of up to 55 fee properties in the Florida Panhandle. Most of the properties are operating gas stations with convenience stores, including one closed site. Most of the operating stations are…
NRC Arranges $46 Million Financing For GPM
NRC Realty & Capital Advisors, LLC (NRC) has arranged a $46 million senior secured credit facility for GPM Investments LLC (GPM) through an affiliate of Bayside Capital Inc. The Bayside facility will replace existing loans as well as provide additional operating capital. GPM is owner of the Fas Mart and Shore Stop chain of…
Nine C-Store Sites For Sale
NRC Realty & Capital Advisors LLC has been retained in the sale of nine operating and former convenience stores and commercial land sites currently in foreclosure. The sites are located in Riverside, Rohnert Park and Sebastopol, Calif.; Harrington and New Castle, Delaware; and Belleville, Gap, Waynesburg and York, Pennsylvania. NRC represents the secured creditor and…