Net lease broker sells 7-Eleven portfolio

B+E represents seller in $71.5 million deal for more than a dozen convenience stores

  • By Kevin McQuaid
  • | 6:00 a.m. July 24, 2020
  • | 0 Free Articles Remaining!
COURTESY PHOTO -- B+E, a broker that specializes in net lease property sales, negotiated the sale of 17 7-Eleven stores for $71.5 million.
COURTESY PHOTO -- B+E, a broker that specializes in net lease property sales, negotiated the sale of 17 7-Eleven stores for $71.5 million.
  • Commercial Real Estate
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Net lease commercial real estate brokerage specialist B+E has negotiated the sale of 17 separate 7-Eleven stores to a newly formed real estate investment trust for $71.5 million.

The New York and Tampa brokerage firm sold the portfolio of convenience store portfolio on behalf of Monfort Cos., a Denver, Colo.-based company that is among one of 7-Eleven’s top franchisees nationwide.

 

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