Adorno & Yoss partners Alfredo Gonzalez and Michael Axman orchestrated the first portion of a multimillion-dollar sale of more than 200 gasoline stations nationwide.
Representing Houston-based Motiva Enterprises, a joint venture between Saudi Refining and Shell Oil, the team sold 84 gas stations in nearly a dozen states for $77 million. It was a two-year journey that presented challenges from low-level municipal issues, such as clearing titles, to more complex ones, such as restructuring the transaction to minimize taxes paid on the deal.
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