MPG Opens Four 7-Eleven Stores in Thirty Days

Morgan Property Group, LLC is pleased to announce the opening of four 7-Eleven convenience/gas stores in the last 30 days, two in Virginia and two in North Carolina. This is MPG’s 9th and 10th 7-Eleven development project in Virginia and 3rd and 4th in North Carolina.

The most recent openings occurred on December 31st in Virginia Beach. One new store is located at the southeast corner of N. Military Highway and Norview Avenue in Norfolk. This site is located at the gateway to the Norfolk airport. The other Virginia Beach store is located at Providence Road & Kempsville Road. This project was a retrofit of an existing Exxon convenience store which was expanded and remodeled.

The two stores in Charlotte, NC are located at N. Tryon Street & W. Craighead Road and Freedom Drive & Thrift Road. The store on Freedom Drive features a unique “home plate design” and enhanced architectural features.

“We could not be more excited to assist 7-Eleven with their rapid growth in the Carolinas and Mid-Atlantic,” said Trey Morgan, President of MPG. “Delivering these stores in time for year end was a challenge we as an organization were happy to take on, and we are proud that we were part of the team that got these stores open.”

7-Eleven, Inc. is the premier name and largest chain in the convenience retailing industry. Based in Dallas, Texas, 7-Eleven operates franchises or licenses more than 10,400 7-Eleven® stores in North America. Globally, there are some 54,400 7-Eleven stores in 16 countries. During 2013, 7-Eleven stores worldwide generated total sales close to $84.5 billion. 7-Eleven has been honored by a number of companies and organizations recently. Accolades include: Entrepreneur magazine ranked 7-Eleven as #1 on its Global Franchise Rankings list and #6 on its “Top 10 Franchises” for 2014, #2 on Franchise Times Top 200 Franchise Companies for 2013, and #3 in Forbes magazine’s 2012 Top 20 Franchises to Start list. Find out more online at www.7-Eleven.com.

For over thirty-seven years, Morgan Property Group has been in the commercial real estate development and brokerage business. MPG focuses on neighborhood shopping centers, multi-tenant buildings, and single-tenant projects anchored by a variety of national and regional retailers. The company and its affiliates are developing multiple retail, mixed use, and medical development projects throughout the Mid-Atlantic and Southeast.   To find out more, follow Morgan Property Group on Facebook and Twitter @MPG_Development or visit our website at www.morganpg.com.