The lure of cashing in on pricey real estate has fueled Chevron’s latest decision to sell another five of its gas stations in Vancouver.
Yesterday a Chevron spokesperson confirmed rumours with the CBC the closures of five more locations, all on the west side of Vancouver.
“The economics of the land value really is what’s driving the decision to divest,” said Adrien Byrne who oversees public affairs at the gas company.
Within the next four to six weeks, Byrne said that stations at West Broadway & Alma and West 4th & MacDonald will be shut down in anticipation of their sale.
Last modified: August 18, 2017