Wednesday, January 17, 2018

Love's purchases Hertz building in Oklahoma City


Wednesday, August 31, 2016
The purchase of the building occupied by The Hertz Corp. is a major development for a company focused on expansion, a Love’s official said. (Courtesy: LOVE’S)
The purchase of the building occupied by The Hertz Corp. is a major development for a company focused on expansion, a Love’s official said. (Courtesy: LOVE’S)

OKLAHOMA CITY — Love’s Travel Stops & Country Stores has purchased the building and land south of its main corporate campus on Pennsylvania Avenue occupied by The Hertz Corp.

The purchase agreement closed in the City of The Village, Oklahoma.

The 126,000-square foot building located on roughly 16 acres adjacent to its main corporate headquarters gives Love’s the opportunity to double the size of its existing campus in the heart of Oklahoma City.

This is a major development for a company focused on expansion, according to Greg Love, co-chief executive officer of Love’s

“The purchase of our neighboring Hertz data center building is a direct result of Love’s plans for the future,” Love said. “We continue to grow our network of travel stops across the country as well as other businesses like freight factoring, truck tire care, and our expanding CNG refueling company, Trillium. The acquisition of the Hertz building and the associated raw land will allow us to house our future growth needs at our main campus in The Village. We are proud of our past accomplishments, but we are even more excited about our future.”

The 38-year-old building will require extensive updates, and Hertz will have a small presence in the building for the immediate future.

Hertz relocated employees who were working in the building to one of its other locations in Oklahoma City.

Currently, Love’s has 1,200 corporate employees working on three company campuses in

Founded in 1964, Love’s has more than 390 locations in 40 states.

Love’s, which remains family-owned and operated, employs more than 15,000 people.

To learn more, visit www.loves.com.

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