CSP Daily News – Island Energy Completes Sale-Leaseback Deal

Date: Nov 07, 2017

HONOLULU — Island Energy Services LLC has completed the sale of the land and buildings at 11 gas stations on Oʻahu to Fergus & Co., a Honolulu-based real-estate investment company. The parties entered into a sale-leaseback transaction in which Fergus & Co. purchased the fee-simple interest in the land and buildings at the stations and leased the properties back to Island Energy Services in a long-term lease.

Link here: http://www.cspdailynews.com/mergers-acquisition-growth/mergers-acquisitions-news/articles/island-energy-completes-sale-leaseback