TYSONS, Va., Feb. 21, 2018 – Long & Foster Real Estate announced today that Arthur Nachman, CCIM, of the Long & Foster Commercial Division in Tysons, Virginia, recently closed a $5.6 million transaction in Atlanta, Georgia, and Eufaula, Alabama.
Nachman represented a private equity buyer in the purchase of a portfolio of three Dollar General stores from an undisclosed seller.
As in all his transactions, Nachman provided his client “white-glove service,” guiding the transaction by working closely with the buyer’s attorney. He also assisted the buyer with conducting the property’s physical due diligence, interviewing the local municipal authorities, and assisted in coordinating the loan.
“We’re very pleased to have negotiated this transaction for the buyer,” said Ron Glass, vice president and managing broker of the Long & Foster Commercial Division. “We’re confident this will be a good fit for our client.”
About Long & Foster Commercial Division
Long & Foster’s Commercial division provides a potent mix of commercial real estate and real-world experience for industrial, retail, office and commercial property investments and developments. Supported by numerous industry experts, the Long & Foster Commercial team comprises over 40 diligent and experienced associate brokers. The team not only helps clients to buy, sell and lease commercial properties, but also has an in-house development group that works exclusively on development sales and leasing, as well as redevelopment projects. In 2016, the Commercial division, in conjunction with commercial associates across Long & Foster’s greater real estate company, leased 360+ commercial properties, worth nearly $69 million, and sold over 280 commercial units for a sales total of almost $213 million. The Commercial Division is a member of the TCN Worldwide and GVA Worldwide Transatlantic Alliance, an international network of independent commercial real estate companies that collectively represent more than $58.6 billion in annual transaction volume. For more information on the Commercial division, visit http://www.longandfoster.com/pages/commercial-real-estate.