Susser Completes Sale/Leaseback Transactions For $15.2 Million

Three new Stripes stores debut in March.

Susser Holdings Corp. and Susser Petroleum Partners LP announced that three new Stripes stores have opened in Texas during March.  Sale/leaseback transactions worth $15.2 million for these three stores were completed on March 21.

These latest Stripes store sales by Susser Holdings to Susser Petroleum Partners bring the total to 14 since the initial public offering of units in the Partnership in September 2012.  Included in this current group is a larger-format highway store with a truck diesel facility, and another store with a tunnel car wash and lube center.

Susser Holdings and Susser Petroleum Partners conducted an Analyst Day on March 21 in Houston.  The meeting—which included a tour of several Houston-area Stripes stores and wholesale customer dealer sites as well as management presentations—will not be Webcast, but the slide presentations are available in the IR section of both companies’ Websites under Events and Presentations.  Visit www.susser.com and www.susserpetroleumpartners.com.

 

 

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