Island Energy Services Completes Sale/Leaseback of Fee Simple Land and Buildings at Eleven O‘ahu Texaco Gas Stations to Fergus & Company

Date: Nov 02, 2017

Honolulu, Hawaii, (November 2, 2017) Island Energy Services, LLC announced today that it has completed the sale of the fee simple land and buildings at eleven gas stations to Fergus & Company, a Honolulu-based real estate investment company. The parties entered into a sale/leaseback transaction where Fergus & Company purchased the fee simple interest in the land and buildings at the stations and leased the properties back to Island Energy Services in a long-term lease. Trent Thoms of CBRE represented IES in the transaction.

For more information, click here: IES 11012017 Sale Leaseback FINAL