Matthew Gorman & Michael Shover broker sales of three Sheetz properties
Philadelphia, PA — CBRE Group, Inc. (CBRE) announced that the team of Matthew Gorman and Michael Shover have brokered the sales of three Sheetz properties in the month of February, totaling $5.7 million. The three Sheetz are located in Altoona, Pennsylvania (6,500 s/f), Ebensburg, Pennsylvania (4,997 s/f) and Burlington, North Carolina (4,200 s/f). CBRE represented the seller in all three properties, as well as the buyer of the Burlington location. “Our clients have trusted us to achieve leading-edge market cap rates on Sheetz backed real estate for over ten years,” said Gorman. “Through our national marketing strategy, we continue to experience tremendous success selling net-lease convenience stores with public and private tenants alike” added Shover. To date, Gorman and Shover have sold more Sheetz properties than any other brokers in the country, including eighteen since 2011. Matthew Gorman and Michael Shover lead CBRE’s Mid-Atlantic net-lease team, specializing in the marketing and sale of single and multi-tenant net-lease investment real estate.