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Dollar General Closing (Suffolk VA)

Chris Schellin, President of Westwood Net Lease Advisors LLC just closed on a brand new construction Dollar General in Suffolk VA. Mr Schellin represented the buyer in this transaction who has been  long standing client for past 12 years and has purchased roughly 10 properties through Westwood. This particular buyer had a 1031 need and wanted to diversify his portfolio away for restaurants and after 1 month of researching came to the conclusion that Dollar General was the best fitThe deal was contracted on a pre-construction basis which gave the buyer the ability to lock in an interest rate before the closing.

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