Editor’s note: This story is available through a content partnership between WFTV and the Orlando Business Journal.
An investment firm bought more than a dozen 7-Eleven stores in central Florida as the convenience store company faced declining sales and a bidding war for control.
California-based Realty Income, operating through several subsidiaries, purchased nine 7-Eleven stores in Orange County between Nov. 25 and Dec. 2, as well as three stores in Osceola, two in Seminole and one in Lake, according to county records. .
The stores purchased were company-owned, with most dating back to the 1980s.
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Although there are no records available for sales in Volusia and Brevard, a brief review of other neighboring counties by Orlando Business Journal I found other sales in Hillsborough.
Representatives for Realty Income and 7-Eleven did not respond to requests for comment.
Click here to read the full article on the Orlando Business Journal website.
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