Project: Merchant’s Tire & Auto
Location: Various Locations, VA/NC
The Rector Companies developed six 7,000 square foot Merchant’s Tire & Auto store locations, allowing Merchant’s to fulfill their expansion plans in the Mid-Atlantic region. All aspects of the development process were handled by The Rector Companies, from site screening and acquisition to turn-key occupancy and leasing. These properties enabled Merchant’s to move real estate debt off its balance sheet, freeing cash to invest in core operations. Although Merchant’s has since been acquired by TBC Corporation, The Rector Companies continue to own and lease these facilities to the tenants on a long-term basis. All six of the facilities are also managed by The Rector Companies.