Peachtree Group has plans to expand into the convenience and fuel retail sector, targeting up to $200 million to the Livingston, N.J.-based The Briad Group for the development and acquisition of new sites.
The financing arrangement will support two to four Circle K convenience store and mini–travel center projects annually over the next several years. Each location, approximately 7,000 square feet, is designed as a multi-brand concept that combines fuel; convenience retail; and nationally recognized quick-service restaurants such as Wendy's, Dunkin', Jimmy John's and Buffalo Wild Wings Go.
“This initiative reflects the strength of our private credit platform and the value we bring as a capital partner,” said Greg Friedman, CEO of Peachtree. “By providing flexible financing to experienced operators like The Briad Group, we can help accelerate its growth while creating durable assets that generate strong, risk-adjusted returns for our investors.”
Peachtr
