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7-Eleven, Inc. Announces Aggressive Growth Plans Throughout SoCal.

Publication: Real Estate Weekly News
Publication Date: 14-AUG-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
7-Eleven, Inc. announced that it will embark on an aggressive growth plan in Southern California that will include more than 100 new stores across the region in the next three years. The company also announced that it has hired CB Richard Ellis Group, Inc. (NYSE:CBG) to serve as its exclusive brokerage firm in Southern California, focused on assisting 7-Eleven in expanding its market share.

The planned store expansion will span seven counties: Los Angeles, Orange, Riverside, San Bernardino, San Diego, Ventura and Santa Barbara. The new store investment is approximately $50 million this year and expected to...

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