Deals

Gouverneur, N.Y. -- Regional player Kinney Drugs has snapped up four independent pharmacies located in central New York and Vermont, bringing its total store count to 94.

Financial terms of the deal were not disclosed.


Dallas -- SRS Real Estate Partners announced that FreeBirds World Burrito has selected seven new locations slated to open in Central California later this year.
 
The seven sites in California are located in Sacramento, Tracy, Fresno, Clovis, Turlock, and two sites in Modesto, and all were acquired from Qdoba franchisee 4G Management. All locations will be converted to company owned and operated units and range from 2,000 sq. ft. to 4,000 sq. ft.
 

North Plainfield, N.J. -- Levin Management Corp. said that it has secured five new shopping center property assignments in recent weeks, reflecting continued demand for third-party retail real estate services in the New York/New Jersey and Pennsylvania markets.

The new assignments include leasing- and/or management-specific roles. They include: Olde Lafayette Village in Lafayette, N.J.; Whiting Town Center in Whiting, N.J.; Pathmark Plaza in Staten Island, N.Y.; Central Ave. in Scarsdale, N.Y.; and Atlantic Plaza in Pleasantville, N.J.
 

Laval, Quebec -- Alimentation Couche-Tard Inc. said Tuesday its subsidiary Circle K Stores will acquire 29 stores in Orlando, Fla., from Florida Oil Holdings.

The transaction is expected to close at the end of August.

The BP-branded stores will be operated by Couche-Tard's Florida Division under the Circle K brand.     

"This is a great opportunity for the Florida Division to strengthen our market share in the Orlando market,” said David Morgan, VP operations, Florida.
 

New York City -- The New York Post reported Tuesday that Sears Holdings Corp. may be mulling over a sale of its Lands End unit. The move would dovetail with the massive restructuring effort the company has launched.

According to the report, chairman Eddie Lampert has been meeting with investors to discuss the divestiture of Lands End.
 

Dallas -- 7-Eleven said Tuesday it will acquire the retail and wholesale assets of San Antonio-based TETCO, which includes company-operated convenience stores in Utah and the Dallas-Fort Worth, Austin and San Antonio areas of Texas.
Terms of the deal were not disclosed, and closing is expected in November. The acquisition also signals a return to San Antonio for 7-Eleven, where the company had operated stores until 1989.

Hoffman Estates, Ill. -- A report released Monday by the Associated Press said that Sears Holdings Corp. would be spinning off its Hometown and Outlet stores, along with some hardware stores, into a separate, publicly traded company.

Earlier this year, Sears had revealed it would split the companies but had not indicated the new organization would be a separate public entity.

There are approximately 1,238 Hometown, Outlet and hardware stores. Five Hometown stores have been closed, along with eight hardware stores and one Outlet unit.

Elmwood Park, N.J. -- Marcus & Millichap Real Estate Investment Services said it has promoted David E. Thurston to associate VP investments.

Most recently, Thurston held the title of senior associate in the New Jersey office. He began his career at Marcus & Millichap in 1999 as the regional manager of the New Jersey office.