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November 19, 2012
08:01 EDTGLP, GTYGlobal Partners signs long-term lease agreement with Getty Realty
Global Partners (GLP) announced the signing of a long-term lease agreement with Getty Realty (GTY) that enables the Partnership to supply gasoline to and operate through a dealer network approximately 90 of Getty’s gas station sites in the boroughs of Queens, Manhattan and the Bronx as well as in Long Island and Westchester County. Most of the approximately 90 stations under the new long-term lease arrangement had been part of an interim fuel supply and services agreement that Global Partners and Getty entered earlier this year. The initial lease term for the locations is 15 years and includes multiple five-year renewal options. Approximately 140 sites, the majority in New York and New Jersey, will continue to operate under the interim fuel supply agreement.
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July 8, 2014
08:32 EDTGLPGlobal Partners, Kansas City Southern to develop unit train terminal in Texas
Global Partners LP (GLP) and Kansas City Southern (KSU) announced plans to develop a unit train terminal in Port Arthur, Texas. The waterborne terminal, which will be constructed on a 200-acre parcel leased by Global from KCS, will serve initially as a destination for heavy crude from Western Canada utilizing 340,000 barrels of initial storage capacity. Upon commencement of unit train service, the terminal is expected to have an initial capacity of up to 2 unit trains per day. Construction of the terminal is contingent upon Global’s receipt of all necessary permits.

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