Last Updated: March 17, 2006 07:56pm ET

EXCLUSIVE: Jiffy Lube Sells 15-Store, Seven-State Portfolio

By Connie Gore

HOUSTON-Jiffy Lube passes the portfolio to an investment group from Sacramento in an all-cash buy, pushing the $8.27-million ask, in a 129-day sales cycle. Triple net leases with two to 20 years left on the terms are the drawing power.

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