Feb 201821

Long & Foster Commercial Division Represented Buyer in Purchase of Three Dollar General Stores

Arthur Nachman
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Arthur Nachman
Feb 201821

Long & Foster Commercial Division Represented Buyer in Purchase of Three Dollar General Stores

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.”