DALLAS
,
Jan. 18, 2017
/PRNewswire/ --
Sunoco LP
(NYSE: SUN) ("SUN" or the "beplay88网棋牌 ship") announced today that the beplay88网棋牌 ship has retained
NRC Realty & Capital Advisors, LLC
("NRC") to assist with strategic alternatives for more than 100 real estate assets. Real estate assets included in this process are company-owned locations, undeveloped greenfield sites and other excess real estate.
Properties are located in
Florida
,
Louisiana
,
Massachusetts
,
Michigan
,
New Hampshire
,
New Jersey
,
New Mexico
, New
York, Ohio
, Oklahoma,
Pennsylvania
,
Rhode Island
,
South Carolina
,
Texas
and
Virginia
.
The properties will be sold through a sealed-bid sale in a 'buy one, some or all' format with bids due on
March 7, 2017
, for the operating sites and on
April 4, 2017
for the surplus properties. The beplay88网棋牌 ship will review all bids before divesting any assets.
Information about the sale and a list of available sites can be obtained by visiting the NRC website atwww.nrc.com/1702or calling NRC at 800-747-3342 ext. 1702. Due diligence information on each property will also be available through the NRC website approximately 30 days prior to each sealed bid deadline.
About Sunoco LP
Sunoco LP
(NYSE: SUN) is a master limited partnership that operates approximately 1,345 retail fuel sites and convenience stores (including APlus, Stripes, Aloha Island Mart and Tigermarket brands) and distributes motor fuel to convenience stores, independent dealers, commercial customers and distributors located in more than 30 states at approximately 6,900 sites. Our parent --
Energy Transfer Equity, L.P.
(NYSE: ETE) -- owns
Sunoco's
general partner and incentive distribution rights. For more information, visit the
Sunoco LP
website atwww.SunocoLP.com
About NRC Realty & Capital Advisors LLC
NRC Realty & Capital Advisors, LLC
provides a full array of real estate and financial advisory services to the convenience store and petroleum industries and specializes in the accelerated sale of commercial real estate. NRC's breadth of experience in the convenience store arena includes portfolio evaluation and analysis; refinancing, recapitalization & sale-leaseback financing options; and merger and acquisition advisory services. Since its inception in 1989, NRC has sold more than 15,000 properties. Clients include globally recognized companies in a variety of industries, including petroleum (
Sunoco
, BP and Shell), convenience stores (7-Eleven,
CST Brands
and Circle K), financial institutions (
GE Capital
,
StanCorp Mortgage Investors and Fifth Third Bank
) and industrial (
YRC Worldwide
). For more information, visitwww.nrc.com.
Forward-Looking Statements
This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management's control. An extensive list of factors that can affect future results are discussed in the beplay88网棋牌 ship's Annual Report on Form 10-K and other documents filed from time to time with the
Securities and Exchange Commission
. The beplay88网棋牌 ship undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.
The information contained in this press release is available on our website atwww.SunocoLP.com
Sunoco LP Contacts
Investors:
Scott Grischow
, Senior Director – Investor Relations and Treasury
(214) 840-5660,scott.grischow@sunoco.com
Patrick Graham
, Senior Analyst – Investor Relations and Finance
(214) 840-5678,patrick.graham@sunoco.com
Media:
Alyson Gomez
, Director - Communications
(469) 646-1758,alyson.gomez@sunoco.com
Jeff Shields
, Manager - External Communications
(215) 977-6056,jeff.shields@sunoco.com
To view the original version on PR Newswire, visit:https://www.prnewswire.com/news-releases/sunoco-lp-announces-real-estate-portfolio-strategy-300392456.html
SOURCE
Sunoco LP
