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October 25, 2007

CALKAIN COMPANIES COMPLETES MULTIPLE NET LEASE SALES
IN THE MID- ATLANTIC

Reston, VA - Calkain Companies, a national real estate investment brokerage firm, working with both sellers and investors has recently procured the sale of several Net Leased properties in the Mid-Atlantic region.

Rick Fernandez, Business Development Director – Mid-Atlantic of Calkain Realty Advisors, the private market division of Calkain Companies, led the transactions on behalf of his clients. Recent net lease investment sales included:

  • Arby’s - Galax, VA
  • Children of America - Stafford, VA
  • Chipotle Mexican Grill - Lexington Park, MD
  • Dairy Queen Portfolio - Virginia Beach, VA area

With a total sale price of roughly $15 million, the activity confirms that investors are active in the market and that property in the Mid-Atlantic region is in strong demand.“Even with a shakeup in the debt markets, we have seen healthy activity in the net lease investment sector. We can confirm that quality assets with strong real estate fundamentals have retained their appeal” explained Fernandez. “Investment property in the Mid-Atlantic region has a national audience in both the private and institutional investor communities,” Fernandez continued.

Calkain is a full service real estate brokerage firm with a national scope focusing on single and multi tenant retail, industrial, and office net leased transactions. Calkain has offices in Reston, VA (Washington, DC), Nashua, NH (Boston, MA), Tampa, FL, and McHenry, MD. Additional information about the firm and its listings may be found at www.calkain.com.

Media Contact: David Sobelman | (813) 282.6000

 

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