RaceTrac taps CBRE for sale-leaseback program

Posted by mortgagebroker in Commercial Real Esta... | 07.31.2009 - 5:00 pm

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ORLANDO – RaceTrac Petroleum Inc. continues its aggressive growth plans by launching a sale-leaseback program on a select portion of its retail fueling station/convenience store portfolio. RaceTrac has engaged CBRE as its exclusive capital markets advisor for this initiative.

In 2008, RaceTrac generated in excess of $7.5 billion in annual revenues through the operation of more than 530 retail gasoline convenience stores in 12 Southeastern states.


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