Cumberland Farms Inc. signs 20 year ground lease in West Palm Beach

Cumberland Farms Inc. has just signed a 20 year ground lease for a 2.6 acre commercial parcel located at the southeast corner of Okeechobee Blvd and Seminole in greater West Palm Beach.

The parcel has more than 300 feet of frontage on Okeechobee Blvd, one of area’s most heavily travelled roads.

Cumberland Farms is a gasoline and convenience store operator with more than 600 company owned stores in a dozen states from Maine to Florida. The company was started in Cumberland RI in 1939 and is now the 17th largest privately owned business in the US according to Forbes Magazine.

Edward A. Kearney, CCIM of Kearney Commercial Realty in West Palm Beach exclusively represented the landlord in this lease transaction.