Wednesday, May 1, 2024

Oklahoma convenience stores sell to Denver buyer, other realty deals

Denver-based Monfort Cos. has acquired 19 convenience stores in southwest Oklahoma, and one in Texas, including this one at 1540 W Plato in Duncan, one of eight in that city. They were rebranded as Chisholm Corner stores. PROVIDED

Denver-based Monfort Cos.’ 7E CO Holdings LLC has acquired 19 gasoline and convenience stores throughout southwest Oklahoma to function beneath the title Chisholm Corner.   

The firm purchased stores in Alex, Apache, Cache, Walters, two in Elgin, Marlow, and Pauls Valley, eight in Duncan, plus one in Wichita Falls, Texas. Montfort wouldn’t say how a lot it paid for them. The vendor was Brent Bostick, president of Bostick and Associates.

The Chisholm Corner portfolio is Monfort’s firm’s most up-to-date transaction in a collection of nationwide gasoline and convenience retailer acquisitions. The agency has 78 stores in Colorado, Oklahoma, Texas, Minnesota, and Wisconsin beneath manufacturers together with 7-Eleven, Speedway, Jack’s and Monfort Express.  

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“This acquisition represents Monfort Cos.’ ongoing commitment to investing in urban and rural communities alike,” stated Kenneth Monfort, government vice chairman. “Convenience stores like Chisholm Corner bring economic impact by creating local jobs and generating sales tax revenue that spur long-term vitality in communities across the U.S.”

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