Thirty Former Chevron, Conoco Convenience Stores/Gas Stations Sold
Trigild Operated Properties Located throughout New Mexico
According to Gary Aharonian, Trigild’s vice president of petroleum properties, the stores were sold to two separate regional operators -- with one buyer acquiring two of the portfolio locations and the other purchasing the remaining 28 sites. Located throughout Albuquerque, NM and the surrounding communities, the former Chevron and Conoco-branded properties range in size from 900- to 2,400-square-
When Ever-Ready Oil was placed in receivership in May 2010, Trigild took over operations for the properties as manager/receiver, and was charged with protecting the assets, as well as preparing them for a quick sale. The firm’s immediate tasks included liquidating $1 million in wholesale inventory, excess equipment and company vehicles, as well as collecting over $1 million in accounts receivable.
“Upon taking charge as management company and receiver, we reviewed the financials -- hiring employees, and reopening/operating the eight stores deemed profitable,”
Headquartered in San Diego with regional offices throughout the country, Trigild has more than 30 years of expertise in managing a wide array of commercial real estate assets and operating businesses – among them petroleum properties nationwide -- combining receivership, operations management, consulting and disposition services under one roof. For further information, visit www.trigild.com.
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CONTACT: Sydnie Moore (619) 823-8448 moore2com@