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NGKF to Lead Guess Corp.'s Acquisition of 1,000 Convenience Stores, Gas Stations

DURHAM, NC--The company has been expanding into various real estate sectors over the last month.

By Erika Morphy | erikamorphy | Updated on August 25, 2016

A rendering of GP Express A rendering of GP Express

DURHAM, NC–Last month the locally-based Guess Corp. announced it wanted to acquire at least 1,000 convenience store/gas station outlets over the next 12 months, or an average of about 100 stores per months.  The end game is to re-brand and renovate the properties but before that could happen Guess needed a broker of record to lead the charge.

Some thirty days later it has announced that it selected Newmark Grubb Knight Frank to be that broker of record, with Dean Tselepis, a director, leading the engagement.

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