JERICHO, N.Y.--(BUSINESS WIRE)--Getty Realty Corp. (NYSE: GTY) (the “Company”) announced that yesterday it received the full monthly rental payment due for August 2011 from its largest tenant, Getty Petroleum Marketing Inc. (“Marketing”), under its Master Lease and other leases with Marketing (the “Marketing Leases”). The Company is continuing to review issues pertaining to the Marketing Leases and is thoroughly exploring its options regarding Marketing's obligations to the Company. The Company cannot provide assurance that Marketing will meet its rental or other obligations under the Marketing Leases.
Getty Realty Corp. is the largest publicly-traded real estate investment trust in the United States specializing in ownership, leasing and financing of retail motor fuel and convenience store properties and petroleum distribution terminals. The Company owns and leases approximately 1,170 properties nationwide.
Contacts
Getty Realty Corp, Thomas J. Stirnweis, 516-478-5403
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