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Leeds West Groups (LWG) has acquired the property for an Albuquerque, N.M. Big O Tires retail store that LWG has operated since September 2019.
ALBUQUERQUE, N.M. Leeds West Groups (LWG) has acquired the property for an Albuquerque Big O Tires retail store that LWG has operated since September 2019. This capital investment into LWG Real Estate Division marks the 38th transaction of its type within the last 20 months, the company said. The real estate was purchased from Max Martinez and Juan Tabo Properties L.L.C.
The purchase price and deal terms were not disclosed. The store is located on Juan Tabo Boulevard in eastern Albuquerque.
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GREENWOOD VILLAGE, Colo. Leeds West Groups (LWG) has acquired three Big O Tires outlets in Oklahoma from MFA Oil Co., which continues to operate 19 Big O stores in Missouri and Arkansas.
LWG is taking over Big O stores in Enid, Mustang and Norman, Okla., expanding its network of Big O outlets to 31 locations in six states Colorado, Kentucky, New Mexico, Ohio, Oklahoma and Texas.
Financial terms of the deal are not being disclosed. Separately, LWG is buying the real estate for the Norman store from MFA Oil, a Columbia, Mo.-based farm co-op whose primary business is oil distribution.