Island Energy Services Completes Sale/Leaseback of Fee Simple Land and Buildings at Eleven O‘ahu Texaco Gas Stations to Fergus & Company
Honolulu, Hawai‘i, (November 2, 2017) – Island Energy Services, LLC announced today that it has completed the sale of the fee simple land and buildings at eleven gas stations to Fergus & Company, a Honolulu-based real estate investment company. The parties entered into a sale/leaseback transaction where Fergus & Company 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. Trent Thoms of CBRE represented IES in the transaction.
For more information, click here: IES 11012017 Sale Leaseback FINAL