This is the second terminal acquisition for Arc in February, and it also represents the first oil terminal for the Arc in the Northeast. On the East Coast, Arc also has terminals in Baltimore, Norfolk, Va., Selma, N.C., and Spartanburg, S.C.

“This acquisition gives us an opportunity to enter into the Northeast market and to continue to grow our relationships with major oil companies. … Arc will continue to look at acquiring other terminal assets in the Northeast,” John Blanchard, president of Arc Terminals, told OPIS on Monday.

OPIS notes that Motiva is continuing to sell some non-strategic terminal assets on the East Coast, including one in Bridgeport, Conn. OPIS reported in 2011 that Motiva offered three terminals on the East Coast, including the Brooklyn terminal and one in Springfield, Va. The Springfield terminal was sold to Kinder Morgan late 2011.

The Brooklyn terminal acts as a key supply point in the distribution of gasoline in the greater New York City metropolitan area as well as sections of Long Island and Westchester County. The facility is supplied predominantly by pipeline, but it also has access to marine vessels.

Motiva will remain a customer at the terminal and Arc will manage the facility as an independent third-party throughput terminal. The current tank layout allows for Arc to increase throughput volumes through the existing customer base and enter into agreements with new third parties. Arc plans to increase volumes at the facility by over 10,000 b/d, Blanchard said.

In addition, the terminal has land available that will allow Arc to evaluate opportunities to construct new tankage and expand its gasoline storage or enter into the distillates market.

This will be the second terminal that Arc has acquired from Motiva and illustrates Arc’s execution of its long-term growth strategy to acquire key terminaling and distribution assets in the petroleum supply chain throughout the United States.

This acquisition further represents execution of Arc’s growth strategy of acquiring terminal assets with major oil companies and continuing the relationship with the seller by entering into long-term customer agreements.

Earlier in February, Arc  acquired  Gulf Coast Asphalt Company’s  marine  terminaling facility  in Mobile, Ala., and rail transloading facility in Saraland, Ala.

The newly acquired terminal will be connected to Arc’s existing fuel oil and crude terminals in Alabama via pipelines to increase synergy in the company’s growing regional logistics operations.

Also, the new terminal will have rail access for receiving crude from the Midcontinent, he said. With access to the water, that terminal could deliver crude to other U.S. markets.

The newly acquired Mobile terminal is a 1.2-million-bbl facility that handles asphalt, crude oil, heavy fuel oil and methanol for third-party customers. The facility is marine, rail and truck capable.