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Northeast

Global Partners Puts 13 Properties On The Sales Block

Last updated on December 11th, 2017 at 04:51 pm

Global Partners LP plans to sell 13 convenience store properties in the Northeast. The properties are located in Connecticut, Maine, Maryland, Massachusetts, New Hampshire, New Jersey and New York.

Global Partners has retained NRC Realty & Capital Advisors to coordinate the offering and sale of the properties. Sealed bids are required to be received by NRC no later than 3 p.m. Jan. 19, 2017.

All of the properties are former gas stations and are offered for sale with the fee interest in the real property. The underground storage tank systems have been removed from 12 of the properties. Seven of the properties have buildings located thereon and six are vacant land. All properties are offered subject to a deed restriction prohibiting the use of the property for the sale of petroleum products and other institutional and engineering controls.

In August, Global Partners sold 30 stores in New York and Pennsylvania to Mirabito Holdings.

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