Locke Lord Represents Martin Midstream Partners in Sale of Terminalling Assets to NuStar Logistics for $107 Million

Locke Lord represented Martin Midstream Partners L.P. in a definitive agreement with NuStar Logistics, L.P. to sell certain of its terminalling assets located in Corpus Christi, Texas, for gross consideration of $107 million plus the reimbursement of certain capital expenditures and prepaid items. The transaction is expected to close prior to year-end 2016, subject to customary closing conditions. For more information, please see the Martin Midstream Partners press release. The Locke Lord team included Kevin Peter and David Taylor (both of Houston) and Van Jolas (Dallas).
Posted November 7, 2016