7-Eleven Inc Acquires 204 Stripes Stores From Sunoco LP For $1B

7-Eleven Inc. has finalized the acquisition of 204 Stripes convenience stores and Laredo Taco Co. restaurants from Sunoco LP, extending its reach across West Texas, New Mexico, and Oklahoma. The sale price for this transaction was $1,000,000,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,000,000,000
• Buyer: Joseph DePinto - 7-Eleven Inc
• Seller: Sunoco LP
• Market: West Texas, New Mexico & Oklahoma

Joseph DePinto represented 7-Eleven Inc. in this deal, while Sunoco LP was represented by their respective party.