Westwood Financial’s Hilgard STNL Fund, launched last July has acquired two new assets. A Dollar General in Wilson, NC and a Sherwin-Williams in Pigeon Forge, TN. The two properties bring the total asset count for the Fund to 15. Four additional assets are under contract and expected to close later this year.
The 9,100 SF Dollar General in Wilson, NC is approximately 45 minutes from downtown Raleigh and is the Fund’s second Dollar General location. Dollar General has over 17,000 locations nationwide with an investment-grade credit rating of BBB (S&P).
The 4,085 SF Sherwin-Williams is situated in the resort community of Pigeon Forge in the Smokey Mountains of Tennessee, home to Dollywood. Headquartered in Cleveland, Sherwin–Williams operates nearly 4,780 stores and facilities with a BBB (S&P) investment-grade rating.