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Getty Realty Corp. Message Board

  • mr0000right mr0000right Mar 7, 2011 8:49 PM Flag

    was received from Getty Petroleum Marketing Inc

    Press Release Source: Getty Realty Corp. On Monday March 7, 2011, 8:25 pm

    JERICHO, N.Y.--(BUSINESS WIRE)-- Getty Realty Corp. (NYSE-GTY) (the “Company”) announced that the full monthly rental payment due under the Master Lease on March 1, 2011 was received from Getty Petroleum Marketing Inc. (“Marketing”) today. In addition, Getty reported that it met with and has commenced discussions with the new management of Marketing. On March 2, 2011, Lukoil Americas Corporation, a subsidiary of OAO LUKoil, announced the sale of Marketing, its subsidiary, to Cambridge, Petroleum Holding Inc. The Company cannot provide any assurance that Marketing will meet its rental, environmental or other obligations under the Master Lease with the Company in the future.

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