Editor’s note: This article is available as a result of a partnership between WFTV and the Orlando Business Journal.
An investment firm has bought more than a dozen 7-Eleven locations around Central Florida as the convenience store company faces declining sales and a bidding war for control.
California-based Realty Income, which operates through several entities, bought nine 7-Eleven stores in Orange County in mid-Nov. 25 and Dec. 2, along with three stores in Osceola, two in Seminole and one in Lake, according to county records. .
The stores bought were corporate, majority ownership dating back to the 1980s.
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While there were no existing records of sales in Volusia and Brevard, a brief survey of other neighboring counties. Orlando Business Journal found another sale in Hillsborough.
Representatives for Realty Income and 7-Eleven did not respond to requests for comment.
Click here to read the full story on the Orlando Business Journal website.
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