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7-Eleven portfolio sells for $19.7M

A portfolio of seven 7-Eleven Inc. gas and convenience locations around the commonwealth have been sold to affiliates of Hermosa Beach-based Equitas Investments LLC for $19.7 million, Cushman & Wakefield | Thalhimer announced Monday.

The deal closed on Dec. 22 and includes seven freestanding, corporately leased 7-Eleven stores and gas stations. The seller was not disclosed.

The 7-Elevens are in Bridgewater, Harrisonburg and Leesburg, as well as Culpeper, King George, Rockingham and Warren counties.

Catherine Spangler of Cushman & Wakefield | Thalhimer’s Capital Markets Group and John Pritzlaff of Thalhimer’s Charlottesville office handled sale negotiations.