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7-Eleven portfolio of 12 stores sells

3/5/2010

Dallas A portfolio of 7-Eleven stores, all of which were part of small strip centers, has sold to different buyers in transactions with a combined value north of $20 million, according to a report by GlobeSt.com.

The 12 assets in Nevada, Texas and Virginia were acquired from the locally based 7-Eleven through all-cash deals, said the report.

GlobeSt.com also reported that five stores in the Dallas metropolitan area were sold to a California buyer.

The six stores in Virginia were claimed by three individual buyers and the store in Las Vegas ended up in the portfolio of a Dallas-based company, the report said.

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