July 1, 2005 CALKAIN REALTY ADVISORS PROCURES NEWPORT NEWS SHOPPING CENTER TRANSACTION TRANSACTION CONFIRMS TREMENDOUS DESIRE FOR AREA INVESTMENTS Reston, VA - Calkain Companies, a national real estate investment brokerage firm, has procured the sale of the Stoneybrook Shopping Center located at 15425 Warwick Blvd, Newport News, VA. David Sobelman, Vice President of Calkain Realty Advisors, represented the buyer and seller in the transaction.  “We are seeing more and more interest for sound investments, both from out-of-state and in-state investors, in the Tidewater areas,” Sobelman stated.  “Income properties are hard to find, on a national scale, and savvy investors are looking for stable locales to place their capital.  The Tidewater region has gained considerable attention from both developers and investors,” Sobelman continued.  With Calkain securing several transactions in the first and second quarters of 2006 within this region, it is a very telling sign that investors see tremendous growth and opportunity in the area. Calkain is a full service brokerage firm with a national scope focusing on single tenant retail, industrial, and office net leased transactions.  Additional information about the firm and its listings may be found at www.calkain.com. Media Contact: David Sobelman, Vice President | (813) 282.6000

 

Close Window