7-Eleven sets strategy to fortify Las Vegas real estate position
Dallas 7-Eleven said Tuesday it has partnered with NAI Corporate Real Estate Services in the Las Vegas market as part of the chain’s efforts to build its presence in the area.
7-Eleven currently operates more than 160 stores in Clark County (Las Vegas). It engaged Salt Lake City-based NAI CRES as its exclusive broker for new store growth, site selection, acquisitions, dispositions and other real estate needs.
In addition to ground-up development and acquisitions, the company’s plans call for the franchise conversions of other retail outlets to 7-Eleven stores. 7-Eleven said plans to remodel some existing operations, creating more franchise and other business opportunities.
NAI CRES also is providing real estate services for 7-Eleven in Salt Lake City and in Calgary, Alberta, Canada.
7-Eleven operates, franchises and licenses close to 6,450 stores in the United States under the 7-Eleven brand.