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March 13 , 2006

CALKAIN REALTY ADVISORS PROCURES BRADENTON, FL 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 real estate currently occupied by an Arby’s Restaurant franchisee at 7376 East 52nd Place, Bradenton, FL, an out-parcel of the Lowe’s on State Road 70 and Interstate 75.

David Sobelman, Vice President of Calkain Realty Advisors, represented the seller, a local developer, in this transaction.  The buyer was an out-of-state family trust completing a 1031 tax deferred exchange.  “We are seeing more and more interest from investors looking for high quality real estate with passive income already in place,” Sobelman stated.  “Income properties are hard to find, on a national scale, and savvy investors are looking for locales outside of their immediate area to place their capital.  The Florida gulf coast is gaining more attention from both developers and investors,” Sobelman continued.

Calkain is a full service brokerage firm with a national scope focusing on single and multi tenant retail, industrial, and office net leased transactions.  With offices in Tampa, Florida, Reston, Virginia (Washington, DC suburb), and Nashua, New Hampshire (Boston Suburb), Calkain is able to service both buyers and sellers looking to enhance their real estate portfolios.  Additional information about the firm and its listings may be found at www.calkain.com.

Media Contact: David Sobelman, Vice President | (813) 282-6000

 

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