Vatterott, an industrial investment broker familiar with Buckingham's acquisition criteria, identified the property as an opportunity. He was able to structure an agreeable sale in spite of an early lease termination clause resulting in an above market cap rate for his client.
"We pride ourselves on identifying properties that fit the specific acquisition criteria of our clients rather than the 'shotgun' approach," said Vatterott. "This extra effort builds trust and confidence in our client relationships."
Westwood Net Lease Advisors, which links buyers and sellers in the triple-net marketplace, specializes in 1031 tax-deferred exchanges for investment properties. The company, located at 1401 S. Brentwood Blvd. in St. Louis, Mo. and is an affiliate of Hilliker Corporation, was founded in 2002. For more information, call (314) 997-5227 or visit their website at http://www.westwoodnetlease.com.