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Cogent Group acquires 12 c-stores
Dallas -- Real estate investment firm The Cogent Group said Thursday it has acquired 12 convenience stores & gas stations in the Charlottesville, Va. market.
The properties are leased to Charlottesville-based Virginia Oil Co. and feature food partnerships with McDonald’s, Blimpie and Dairy Queen.
Cogent’s real estate purchase was part of a simultaneous transaction among The Cogent Group, VPS Convenience Store Group and Virginia Oil Co. -
Pantry operations chief resigns
Cary, N.C. -- The Pantry said Tuesday that its senior VP operations Brad Williams has decided to leave the company after 13 years.
The c-store operator said it has launched a search for a replacement. In the interim, operations personnel will report to Terry Marks, president and CEO.