Markets

Susser Holdings Completes $15.2 Mln Leaseback of Stores To Susser Petroleum

Susser Holdings ( SUSS ) said it has completed a $15.2 million sale and leaseback transaction of three stores to Susser Petroleum Partners.

The three Stripes stores are based in Texas and include a larger-format highway store with a truck diesel facility, and another store with a tunnel car wash and lube cent.

Susser Holdings share are up 0.3% to $47.85, near the top of their 52-week range of $24.62 - $48.15. Susser Petroleum shares gained 1% to $32.39, also closing in on a year-high of $32.48.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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