SEATTLE-Tesoro Petroleum Corp. says its West Coast subsidiary has completed the acquisition of 46 gas station locations Washington, Oregon and Idaho from Seattle-based Gull Industries Inc.

San Antonio-based Tesoro says most of the gas stations are in Washington. About 80% of the stations also have convenience stores on the property. Tesoro’s West Coast subsidiary plans to convert the stations to the Tesoro brand, adding to the company’s 600 existing locations, one-third of which are company owned.

Terms of the transaction have not been revealed. Tesoro owns refineries in Alaska, Hawaii and Anacortes, WA, a small community 70 miles north of Seattle on the Puget Sound. Its five refineries have a combined capacity of approximately 390,000 barrels a day.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.