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Mergers & Acquisitions

Liberty Travel Center Acquires Former Tom’s C-Store

Deal includes hotel, restaurant
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SCRANTON, Pa. — Liberty Travel Centers has acquired a former Tom’s convenience store in Mifflintown, Pa.

The property is on a 9.4-acre site that includes a 5,700-square-foot convenience store, a 47-unit two-story Econo Lodge, 15 unused lodging units and a JP’s restaurant with second-floor meeting room.

Shipley Energy Inc. put two of its four Tom’s Travel Center locations in east central Pennsylvania, one in Milroy and one in Mifflintown, Pa., up for sale in February 2019.

York, Pa.-based c-store retailer Rutter’s, which operates 75 c-stores in Pennsylvania, Maryland and West Virginia, acquired the other former Tom’s location in Milroy, Pa. That property features a 13,000-square-foot building with a c-store and truck-oriented retail area with a trucker lounge, showers and offices. The property also has an Arby's restaurant.

NRC Realty & Capital Advisors LLC, Chicago, handled the sale of both sites for Shipley Energy through NRC’s sealed-bid sale process.

Family-owned Shipley Energy, based in York, Pa., provides wholesale fuel; fleet fueling; transport trucking; home and commercial energy services; and heating and cooling services for customers in Pennsylvania and northern Maryland.

Founded in 1988, Liberty has approximately 30 travel centers, gas stations, quick-service restaurants and hotels. It provides retail and wholesale distribution of Exxon, Mobil and Sunoco-branded petroleum products to transportation companies, travel plazas and gas stations. Its retail services include operating convenience stores and Subway, Burger King and Tim Horton's restaurants. It also operates tobacco stores.

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