214.207.9016 jay@annandaleco.com

Annandale Brokers Sale of 3 Santa Fe-area Gas Stations

Annandale Real Estate recently brokered the sale of three gas stations in and around Santa Fe, NM for JAKG Petro.  Annandale was able to locate under-performing, well located C &Gs with such amenities as car washes, Subways and a to-be-determined restaurant.  JAKG Petro acquires leaseholds and fee gas stations in key secondary markets throughout the United...

Annandale Auctions KFC Restaurants in Michigan

Annandale Real Estate was recently contracted by a special servicer to dispose of two Kentucky Fried Chicken locations in the Detroit, MI market.  Annandale, with assistance from  local auction house Masterbid, Inc., successfully auctioned the properties allowing the servicer to recoup its losses.  Both properties were acquired by one franchisee.  In order to complete the sale, Annandale had to coordinate efforts on the part of KFC, the borrower and the...

AUCTION OF 6 NORTH TEXAS C-STORES SCHEDULED FOR JUNE 28

Annandale will be auctioning off the following North Texas gas stations on Thursday, June 28, 2012 at the Holiday Inn McKinney, 3220 Craig Drive, McKinney, TX beginning at 1:00.  The Open House will be held on Thursday, June 7.  The link to the schedule is below. FLIER – ALL PROPERTIES Open House Schedule 2007 W.  Taylor Road, Sherman, TX 75092 1420 S. Austin Ave., Denison, TX 75020 100 S. Collins Fwy., Howe, TX 75459 2810 W. Morton, Denison, TX 75020 401 E. Main Street, Denison, TX 75020 315 Hwy. 121 South, Bonham, TX 75418 For more information, please contact Jay Annand at jay@annandaleco.com or Alan Hargrove at alan@annandaleco.com or call...

Annandale Sells Two Pennsylvania Truck Stops

January 17, 2012 — Myerstown, PA – Annandale Real Estate announced today it closed the sale of two former Pennsylvania-based All American Truck Stops to Pilot Flying J.  Located at 16-36 Benevenue Road, Duncannon, PA and 2210 Camp Swatara Road, Myerstown, PA, the Truck Stops were sold as part of a Receiver-ordered auction on November 9, 2011 in a deal valued in excess of $5 million.  Annandale partnered with Ziegler Auctioneers, located in Hummelstown, PA, on the transaction. The Clarks Ferry Truck Stop (Duncannon) is situated along heavily traveled Highway 322.  In addition to offering 6-lane diesel fueling and 3 MPDs for gas, the property amenities also include an Iron Kettle Restaurant, Subway, a convenience store, and barbershop on ten acres of land.  Located on Interstate 78 between Harrisburg and Allentown, the Frystown property (Myerstown, is a 56-acre site, only 20 of which is currently being utilized for the Truck Stop.  Currently on-site are an Iron Kettle Restaurant, truck service and repair operation, an 18-room motel, a convenience store, office space and a warehouse. About Annandale Real Estate Annandale Real Estate (www.annandaleco.com) is a privately owned commercial real estate and advisory company that specializes in small format real estate.   Based in Dallas, Texas, Annandale’s veteran management team has decades of experience redeveloping and repositioning projects, including design, engineering construction, financial analysis, project leasing and property disposition....

Annandale Purchases Former Circuit City in Midland, TX

MIDLAND, Texas – December 12, 2011 – Dallas-based Annandale Real Estate announced today the purchase of a 29,000 square foot former Circuit City building located at 4110 W. Loop 250 in Midland, Texas.   The property, which is located at one of the busiest intersections in Midland, has sat vacant for more than two years. “Midland’s economy is one of the few in the United States that is booming and this property is located right in the middle of it all,” said Annandale President Jay Annand.  “We are excited about our first investment in Midland and plan to continue to pursue opportunities in and around this dynamic community.” According to the Texas Workforce Commission, in October, 2011, Midland had an unemployment rate of 4.5 percent – the lowest in the state of Texas.  There has been growth in all employment sectors, except government.   As the city continues to lead the way in job development and more people relocate to the area, the demand for high quality retail will continue to rise.  “Annandale hopes to play a major role in that area of growth,” Annand commented. Annandale Real Estate (www.annandaleco.com) is a privately-owned commercial real estate and advisory company based in Dallas, Texas. Annandale provides a full range of services to clients nationwide, providing exceptional expertise on every aspect of Small Format Real Estate from consulting on re-positioning and value determination to site selection and finish out....