SKILKEN GOLD CLOSES ON THE PURCHASE OF HILLIARD SITE, ONE OF MORE THAN A DOZEN SHEETZ LOCATIONS OPENING NEXT YEAR

September 22, 2020

Skilken Gold announced today the purchase of the property at 4279 Cemetery Road from Service Properties Trust (Nasdaq: SVC), a national Real Estate Investment Trust based in Newton, Massachusetts.

The Hilliard site, situated at the southeast corner of Cemetery Road and Parkway Lane, is home to a former Max and Erma’s restaurant, which will be razed to make room for an approximately 6,000-square-foot Sheetz restaurant and convenience store. The Hilliard property is one of more than a dozen Sheetz locations planned to open next year in Central Ohio.

Sheetz announced its aggressive Central Ohio growth plans on Monday of last week. In partnership with Skilken Gold, its exclusive real estate developer in Central Ohio, Sheetz’s store roll-out includes more than 50 store openings in Greater Columbus by 2025.

The announcement was made on the day of the official ground breaking at two of those locations, one in Obetz and one in Delaware.

“We’re proud to be partnering with Sheetz in this exciting venture,” said Isaac Gold, Skilken Gold’s Vice President of Real Estate. “The company is an industry innovator, a great employer and an involved neighbor, dedicated to each of the local communities it serves.”

Named 2020 Best Regional Fast Food Chain by USA TODAY’s 10Best Readers’ Choice travel awards, Sheetz is known for its award-winning Made-to-Order (MTO®) menu, from which customers order on its unique touch-screen order terminals.

The Hilliard Sheetz, like most of its locations, will also offer indoor retail and dining space, an outdoor patio, and espresso bar and seven fueling stations with 14 gas pumps.

Sheetz will employ about 30 people at the store, and with its larger Central Ohio expansion, it will bring approximately 1,500 jobs to Central Ohio.

Sheetz currently operates more than 43 stores in Ohio and 608 stores across Pennsylvania, North Carolina, Virginia, Ohio and Maryland. Skilken Gold is active with Sheetz, not only in Central Ohio , but also in northeast Ohio and in Pennsylvania.