secwatch.observer — SEC 8-K summary
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Issuer:     GETTY REALTY CORP /MD/ (GTY)
CIK:        0001052752
Form:       8-K
Filed at:   2026-09-28T13:00:14+00:00
Accession:  0001193125-26-403487
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Getty Realty closes $260.9M sale-leaseback with Refuel for 41 convenience stores
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- Acquired 41 convenience stores for approximately $260.9M: 17 in South Carolina, 12 in North Carolina, 7 in Texas and 5 in Mississippi.
- Four unitary triple-net leases with Refuel have 20-year initial terms, multiple renewal options and rent escalations every five years; parent FR Refuel, LLC guarantees.
- Refuel becomes Getty's third-largest tenant at roughly 7.7% of annualized base rent; Refuel operates about 250 locations across five Southeastern states.
- Getty expects leverage-neutral funding via unsettled forward equity proceeds, a new unsecured term loan and identified property dispositions.
- Refuel was already a tenant at six Getty stores, five of them new-to-industry builds financed through Getty's development funding program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1052752/000119312526403487/0001193125-26-403487-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1052752/000119312526403487/gty-20260922.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-403487

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer