March 24, 2006 CALKAIN REALTY ADVISORS PROCURES CHESAPEAKE TRANSACTION TRANSACTION CONFIRMS TREMENDOUS DESIRE FOR AREA INVESTMENT Reston, VA - Calkain Companies, a national real estate investment brokerage firm, has procured the sale of the real estate currently occupied by Waffle House Restaurant at 102 Red Cedar Court, Chesapeake, VA. David Sobelman, Vice President of Calkain Realty Advisors, represented the seller in this transaction.  “We are seeing more and more interest, both from out-of-state and in-state investors, in the Chesapeake and 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. Chesapeake and the Tidewater region are gaining more attention from both developers and investors,” Sobelman continued.  With Calkain securing several transactions in the first quarter of 2006 and having several other properties under contract in 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

 

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