Kingsbarn Purchases TA Express Travel Center in Louisiana

*The Newly Constructed Travel Center Includes Two National QSR Brands: Dunkin’ Donuts and Jimmy John’s Sandwiches*

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**Grambling, Louisiana—July 3, 2024** – Kingsbarn Realty Capital (“Company” or “Kingsbarn”) has announced the acquisition of a new TA Express Travel Center in Grambling, Louisiana. The travel center and the quick-serve restaurants will be operated by LV Petroleum d/b/a FuelBros™. FuelBros™ has been the number one franchisee for TA TravelCenters of America over the past three years (2021, 2022, & 2023). The acquired TA Express is located along Interstate 20 (I-20), a major East-West arterial that spans over 1,500 miles from South Carolina to Texas.

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“We purchased this property to add to our top-10, Delaware Statutory Trust (DST) program which offers fractional ownership to private investors as a simplified 1031 exchange solution,” stated Jeff Pori, CEO of Kingsbarn. “We acquired this asset without a loan as we intend to offer the DST as a debt-free exchange property.” This TA Express has a new 20-year, triple net lease which includes robust, three percent (3%) annual rental increases throughout the term.

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In May 2023, TravelCenters of America Inc. was acquired by BP Products North America Inc., a wholly owned indirect subsidiary of BP p.I.c. (British Petroleum) (NYSE: BP), for $1.3 billion. Emma Delaney, executive vice president customers & products, BP, said: “We are thrilled to welcome the TravelCenters of America team to BP and give a turbo-boost to our convenience and mobility business in the US. Combining TA’s sites on US highways with our brilliant retail network off the highway immediately expands our offer and doubles our global convenience gross margin.”

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**ABOUT KINGSBARN REALTY CAPITAL**\
Kingsbarn Realty Capital is a real estate-centric investment house that provides institutional and accredited private investors access to an array of alternative investments. Kingsbarn offers investments in private equity, exchange traded funds, traditional investment funds, private capital, managed accounts and Delaware Statutory Trusts (DSTs). Additionally, Kingsbarn’s management team has wide-ranging experience developing, managing, operating, and sponsoring a diversified portfolio of stabilized, income-driven properties as well as ground-up construction, value-added offerings, opportunity zone investments, and entitlement projects. Kingsbarn has over $2 billion of assets under management and has acquired over 280 properties throughout the United States. The company currently has a development pipeline of over $2 billion consisting of multifamily, student housing, medical, industrial, retail, and hospitality. For further information, visit [www.kingsbarn.com](https://www.kingsbarn.com).

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**ABOUT FUELBROS™**\
LV Petroleum, LLC, d/b/a FuelBros™, specializes in the development and operations of low-price/high-service gas stations, convenience stores, and TA Travel Centers and has acquired and rehabbed or developed and then sold over 40 locations in the last 12 years. Actively growing, the company currently operates 23 Conoco-branded C&G assets in the Las Vegas and Phoenix metro areas. The partnership is also able to purchase unbranded fuel and sell it under a licensing agreement with Phillips 66, Gulf, Sunoco, 76, Exxon, Conoco and access the Conoco credit card network. FuelBros™ currently supply over 18 million gallons per month to 93 locations. Additionally, the company has a pipeline of 12 new sites that will open in 2024 and 2025.

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**Kingsbarn Media Contacts:** \
Emma Williams & Holly Silvestri \
The Ferraro Group (702) 367-7771 \
[emma@theferrarogroup.com](mailto:emma@theferrarogroup.com) \
[holly@theferrarogroup.com](mailto:holly@theferrarogroup.com)

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Kingsbarn Purchases TA Express Travel Center in Louisiana