7-Eleven leases 17 stores in Cleveland area
Dallas -- 7-Eleven will rebrand convenience stores in Ohio’s Cuyahoga and Lorain counties as part of a 19-store lease from Allentown, Pa.-based Lehigh Gas Partners LP.
The effective date of the leases will vary, but all leases are expected to be in place by March 31, 2013.
Lehigh Gas Partners will retain ownership of the 19 sites and will continue to provide wholesale distribution of motor fuels to each site. The fuel will continue to be sold under the "BP" brand. 7-Eleven will rebrand the stores as "7-Eleven" stores and will manage the convenience-store operations.
The retail fuel business at the 15 stores in Cuyahoga County and four in Lorain County will continue to be owned and operated by Lehigh Gas — Ohio, LLC.