OKLAHOMA CITY -- Anderson Travel Plaza, located in Oklahoma City, has been sold. The 13,000-square-foot travel plaza is situated on 10.76 acres. The Phillips 66-branded site consists of two convenience stores; a trucker lounge; The Silver Spoon, a 120-seat, full-service restaurant; complete trucker facilities; and Cowboy Liquors. The purchase price was not disclosed.
Oppenheim Consulting Services (OCS), a division of The Oppenheim Group, based in Houston, said that managing director Philip Sussman advised the seller in the sale of the facility. OCS also advised the buyer on the off-market [image-nocss] transaction by facilitating funding and overseeing due diligence.
Andrew Geller, managing partner of 333 Investments, the Oklahoma City-based investment group that acquired the facility, said, “Anderson Travel Plaza was an attractive investment opportunity due to the strength of its position not only within the commercial driver sector, but also because of the services offered and reputation within the surrounding community.”
He added that the investment group "was eager to be assuming the reins of one of the leading fuel volume sites along Interstate 40, through the heart of Oklahoma.”
In other truckstop and travel center news, Nambe Pueblo Development Corp. last month opened the Nambé Falls Travel Center near Santa Fe, N.M., reported The New Mexican.
It offers biofuels, specialty coffee drinks, handmade American Indian pottery and fast-food. The fast food includes Arby's, and the coffee offering is branded Java Joe's. The new store also opened with competitive prices for tobacco products and alcoholic beverages, including those in a walk-in beer cooler and in a selection of microbrew beer brands, manager John Woodworth told the newspaper. A retail post office is set to open in about two weeks, and Woodworth said negotiations are under way to have rental mail boxes installed.
In March, Knoxville, Tenn.-based Pilot Corp. opened a travel center off Interstate 81 near Hagerstown, Md., company spokesperson Ellen Robinson told The Hagerstown Morning Herald. The 11,044-square-foot facility has eight fuel islands, nine diesel islands, a CAT scale and nine showers. It includes a McDonald's, a Subway, Western Union, an ATM, pay phones, fax services, UPS services, lottery and lotto games, an Airvac, laundry services, an expanded grill area with Oscar Mayer hot dogs and a deli.
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