Parkland puts 157 gas, convenience store locations across six provinces up for sale

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Parkland puts 157 gas, convenience store locations across six provinces up for sale
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Parkland said Tuesday it is partnering with NRC Realty & Capital Advisors LLC and Colliers Canada to find buyers

The Calgary-based company said Tuesday it is partnering with NRC Realty & Capital Advisors LLC and Colliers Canada to find buyers.

The bulk of the stations are in Quebec and Ontario, with the balance in Alberta, British Columbia, Manitoba and Saskatchewan. “As we continue to grow, we have identified sites that no longer fit our long-term strategic objectives in their current format,” Lapointe said.Parkland said the retail and fuel locations will be packaged with long-term Parkland fuel supply agreements, which should make them attractive to “experienced, entrepreneurial operators.”The company also owns and operates the Burnaby, B.C. refinery, which provides about a quarter of the gasoline and diesel used in the western province.

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