Long & Foster Real Estate, the largest family-owned real estate company in the United States, has announced today that its Commercial Division, located in Tysons Corner, Va., has represented the buyer in a recent purchase of a 7-Eleven in Marshall, Va.
The attributes that influenced the buyer’s decision included the passive income provided by this net lease investment, a favorable CAP rate, great location and a long term lease with a national credit tenant.
The buyer was represented by Senior Vice President Ronald Glass in this transaction.
“We’re very pleased to have negotiated this transaction for the buyer,” said Ken Ulsaker, executive vice president of the Commercial Division. “Ron Glass did an excellent job using his specific skill set to complete this transaction.”
For more information, visit http://commercialdivision.lnfre.com.
About Long & Foster Commercial Division
Supported by a high-number of industry-leading experts, Long & Foster’s commercial division delivers a potent mix of combined commercial real estate and real world business experience. The team is comprised of more than 35 diligent and experienced associate brokers covering the DC Metro area.
About TCN Worldwide
TCN Worldwide, a consortium of independent commercial real estate firms, provides complete integrated real estate solutions locally and internationally. With approximately $27.1 billion in annual transactions and over 80 million square feet of space under management, the organization ranks as one of the largest service providers in the industry. An extensive range of real estate services coupled with a personal commitment to exceed client expectations is what allows TCN Worldwide to be a leader within the commercial real estate industry. Formed in 1989, TCN Worldwide is comprised of over 800 commercial real estate professionals serving more than 200 primary and secondary markets worldwide. For more information on TCN Worldwide, contact H. Ross Ford or Claudia E. Crow at 972-769-8701 or visit www.tcnworldwide.com.