Experience with C-Store Fueling Stations Archives

Valencia MPC Retail

Newhall Land & Farming Co. | StoneCreek Partners was retained by a division Marketing Dept. of this major land development company to provide advisory services in connection with ongoing business planning efforts. A focus of the work was the build-out of the retail portfolio of neighborhood and community shopping centers.

The project focused on application of business planning methods to support planned levels of more comprehensive future land development, including builder land residual analysis, methods of consolidating financial data for multiple projects, and aspects of financial reporting to senior management.

Each potential shopping center location within the master planned community, was evaluated for center type (neighborhood, community, regional, power, etc.) as well as for key anchors at each location. Key anchors included grocery stores and c-store gas stations, among other key uses.

Valencia is located in the northwestern corner of the Santa Clarita Valley, a part of Los Angeles County in Southern California. In 1987, it was one of the four communities (along with Saugus, Newhall, and Canyon Country) that merged to create the city of Santa Clarita, California. Valencia was planned and developed over several decades starting in the 1960’s by The Newhall Land & Farming Company. Valencia’s master plan features paseos which allow a resident to travel around the entirety of Valencia without having to cross streets.

Hotel Development Consultants - project feasibility consultants

Kuki’o Beach Resort at Kuki’o Bay

19.08.2018 Experience with C-Store Fueling Stations, Golf course redevelopment and adaptive re-use, Hotel Development Consultants, Project Consultants for Tribes and First, Project Feasibility Consultants

Destination resort with “resort residential” housing product. Feasibility analysis including market study, financial projections, and facilities recommendations, for proposed 660-acre resort and timeshare development on the Big Island of Hawaii. The Kuki’o Beach Resort is adjacent to the Four Seasons Hualalai Resort and situated along the Big Island’s Kona Coast.

Our hotel development consulting work was completed in support of an overall master plan for development of the property, to include low-density residential, golf, and hotel facilities.

China - Hong Kong project consultants - mixed-use development consultants

Conceptual Planning – Guangyang Town Center

19.08.2018 Experience with C-Store Fueling Stations, Malls and Shopping Center Consultants, Mixed-Use Development Consultants, Project Consultants for China, Retail-Entertainment Consultants

China Fortune Land Development Co., Ltd. | As retail-entertainment consultants, we provided a master land use plan with tenanting mix, potential tenant roster, and district anchoring, for planned town center at Guangyang master-planned new town. Located near the new regional airport to serve Greater Beijing. Components of the master plan included a destination retail outlet mall, hotels, a retail-entertainment district, and attractions.

An overall strategic marketing approach and big idea was the organizing foundation for the concept, that included retail formats, hotels, a resort with indoor water park, attractions and themed entertainment, and other destination activities.

Confidential – At client request, the rapid-prototyping image shown here includes limited details only.

Convenience store fuel station portfolio - Tribal - First Nation Project Consultants

C-Store Fueling Stations Portfolio

29.05.2017 Experience with C-Store Fueling Stations, Project Consultants for Tribes and First

Confidential Client | Business review and go-forward operating recommendations for a portfolio of three convenience store – fueling stations: two existing Highway 212 c-store gas stations, and one proposed as part of a destination RV Park at Tongue River Reservoir near Sheridan, Wyoming. Store locations in Montana, Wyoming, and South Dakota.

Each of the c-store fuel stations were operated (or to be operated) by separate management. Part of the review focused upon the reasons for separate management and the potential benefits for a common operating scheme. As well, the possibility of joint venture or 3rd-party contract management was evaluated.

Due Diligence for Shopping Center

01.08.2016 Due Diligence Consultants, Experience with C-Store Fueling Stations, Malls and Shopping Center Consultants, Property inspection services

Due diligence for shopping center acquisition, the Phillips Edison & Company, Inc. (REIT) acquisition of Lakeside Plaza in Salem, Virginia.

StoneCreek Partners provided due diligence consulting in connection with buyer’s shopping center acquisition, including property inspections, Phase 1 environmental reviews, tenant lease confirms, and rent rollover analysis, for this grocery-anchored community shopping center. Support of the buyer included preparation of tenant lease abstracts, estoppels, SNDA (subordination, non-disturbance and attornment) provisions, and a review of common area charges (CAM) and vendors, among due diligence items.

Tenancies at Lakeside Plaza shopping center included a typical roster of anchor and inline retail tenants. The due diligence for this shopping center acquisition included co-tenancy considerations with regard to an on-site Kroger Fuel Center (a branded c-store gas station) albeit with limited convenience store offerings.

Salem is an independent city in Virginia adjacent on the east with the city of Roanoke (Virginia). The city is located in southwestern Virginia in a scenic setting along the Blue Ridge Mountains The shopping center is located at 161 Electric Road, Salem, Virginia 24153.

Phillips Edison & Company, Inc. (Cincinnati) is an internally-managed real estate investment trust (REIT), one of the largest owners and operators of grocery-anchored shopping centers in the U.S. The company has purchased and managed more than 300 grocery-anchored shopping centers throughout the U.S.