January 12, 2012
Net Lease Sector Likely To See 2012 Boost In Both Supply And Demand
SmallBalance.com
There appears to be little doubt single-tenant net leased properties will once again rank among the more popular small-cap commercial real estate investment categories in 2012.
Broad and deep investor demand for drug stores, bank branches and fast-food restaurants... <read more>
November 23, 2011
Expectations for 2011 New York ICSC
GlobeSt.com
In preparation for the 2011 New York ICSC conference, here is a list of several issues we think will be at the forefront of discussion:
- Urban Retail and other infill redevelopment projects. No more "path of progression" type developments. ... <read more>
November 16, 2011
Net Lease Overview: Verizon
GlobeSt.com
Verizon Wireless is one of the premier wireless communication brands across the United States, and their real estate offerings follow the same general trend, primarily sitting on premier real estate with incredible visibility along high traffic retail corridors. With... <read more>
November 15, 2011
Triple Net Threat
Commercial Investment Real Estate
Looking for a rock-solid investment in a
shifting economy?Look no further than single-tenant netleased properties. In markets where shopping centers sit empty and office buildings are dark, the lights are on (usually 24 hours) at the corner drugstore — provided it’s... <read more>
November 9, 2011
The Importance of Net Lease Administration
GlobeSt.com
Lease administration of triple net leased properties (or any properties for that matter) generally involves making sure the tenant’s obligations, as defined in the lease, are enforced, as well as ensuring that the landlord is in compliance with any obligation... <read more>
November 2, 2011
Corporate Owned vs Franchisee
GlobeSt.com
NNN investment properties are in high demand and short supply. Quick Serve Restaurants (QSR) are one of the most sought after NNN investment categories. A guarantee by a publicly traded corporate operator is by far the entity that investors prefer... <read more>
October 31, 2011
Private Investor Bets on Higher-Risk Rite Aid Acquisition
GlobeSt.com
CHARLOTTE, NC-Demonstrating the appetite of some investors for higher-risk ventures, a Rite Aid in Gastonia has traded for $2.3 million. Although there were CVS and Walgreens pharmacies on the market, the private, Mid-Atlantic real estate investor chose Rite Aid in... <read more>
October 26, 2011
Net Lease Report - Grocery Stores
GlobeSt.com
What are some recent trends in the grocery sector?
According to REIS, while the overall vacancy rate for regional and super-regional malls was at 9.3% for the second quarter, grocery store anchored malls only showed a 7.7% vacancy rate. Cap rates... <read more>
October 20, 2011
Non-Monetary Defaults and Lease Accounting
GlobeSt.com
The FASB has recently decided to rethink it’s original plans for implementation of new standards for lease accounting. Make no mistake, it’s coming, but it’s just being deferred a little longer. They are planning on issuing a new exposure draft... <read more>
October 5, 2011
Jonathan Hipp chosen as one of Real Estate Forum’s Next 65
Real Estate Forum
The September 2011 issue of Real Estate FORUM magazine has identified 65 industry "game changers" as Legends & Icons who have helped to shape the commercial real estate industry with an article on the up-and-coming "Next 65" who seen as... <read more>
October 3, 2011
Triple-Net Sale-Leasebacks Are Gaining Ground
Scottsman Guide
Discover how these transactions benefit buyers, sellers and brokers
Teal M. Henderson, broker, Calkain Companies Inc.
As published in Scotsman Guide's Commercial Edition, October 2011.
Commercial real estate professionals across the country... <read more>
September 29, 2011
Calkain Swaps Tax Debt for Zero Cash Flow Assets in 1031
GlobeSt.com
By Erika Morphy,
GlobeSt.com
RESTON, VA-Losing a tenant in a single net lease property is tough. Losing said tenant during the worst recession in memory and not being able to replace it, is tougher.... <read more>
September 29, 2011
Calkain Cos. Arranges $2.85M Retail Sale
REBusiness Online
STRASBURG, VA. — Calkain Cos. has brokered the $2.85 million sale of the 15,547-square-foot Cedar Creek Station, located south of the intersection of Interstates 81 and 66 in Strasburg. Betty Friant of Calkain... <read more>
September 15, 2011
Realty Income Acquires 12-Asset Portfolio in Sale Leaseback
By Erika Morphy
GlobeSt.com
RESTON, VA-Realty Income (NYSE: O), an Escondido, CA-based REIT, has acquired a 12-asset owner occupied industrial portfolio located across the US in a sale leaseback transaction, Calkain Cos., tells GlobeSt.com in an exclusive interview. The purchase... <read more>
September 8, 2011
Calkain: Private Buyers Like Single Tenant Net Lease Assets
GlobeSt.com
By Erika Morphy,
GlobeSt.com
NEWPORT NEWS, VA-A local investment group here has acquired a 16,510-square foot showroom leased to La-Z-Boy Furniture Galleries. The $3.3 million... <read more>
September 7, 2011
Net Lease Cap Rates, Sector by Sector
Commercial Property Executive
By Winston Orzechowski,
Research Director, Calkain Cos.
Net lease cap rates averaged 7.75 percent for the first quarter of 2011, continuing the rate drop that began... <read more>
August 14, 2011
Developer asks shopkeepers: Why rent when you can own?
The Washington Post
By Danielle Douglas, Published: August 14
At Lansdowne Town Center, a multiphase development in Loudoun County featuring residential and retail space, brokers are signing up mom-and-pop shops with a simple pitch: Why rent... <read more>
August 11, 2011
Representing a unique opportunity, now may be a good time to invest in Rite Aid
New York Real Estate Journal
By Stanley B. Wyrwicz,
Senior Managing Director, Calkain Cos.
Along with most net leased retail properties, the investment sales market for Rite Aids was virtually nonexistent in 2009. Beginning in 2010, numerous Ride Aids were sold, many... <read more>
August 3, 2011
Is the Time Right for Rite Aids?
Commercial Property Executive
By Stanley B. Wyrwicz,
Senior Managing Director, Calkain Cos.
Rite Aid is one of the most recognized net-lease tenants in the market. Recently, Rite Aid has been selling corporate-owned sites through sale-leaseback transactions,... <read more>
August 3, 2011
La-Z-Boy Bldg. in Newport News Trades for $3.3M
CoStar Group
Great Falls Investor Purchases Fully Leased Property
By Steven Garnes
NK2 Newport LLC, headquartered in Great Falls, VA, acquired property at 11967 Jefferson Ave. in Newport News from Glenbrook Properties-Muller Lane LLC for $3.3 million or $200 per... <read more>
July 26, 2011
Don’t Worry. Net Lease.
Real Estate Biznow | Boston
There’s more than one way to own a property. Stan Wyrwicz, Rich Murphy, and Mike O’Mara, who last month opened a Calkain office here, broker net-lease deals for the Reston, Va.-based company that allow investors to own real estate without... <read more>
June 22, 2011
Jim Tucker joined Calkain Companies
Richmond BizSense.com
By BizSense Staff
Jim Tucker joined Calkain Companies as chief operating officer. He was most recently the Mid-Atlantic regional manager for Sperry Van Ness. Tucker attended California State University and the University of Florida.
Source: RichmondBizSense.com
... <read more>
June 22, 2011
Calkain Companies Hires Chief Operating Officer
Maddux Tampa Bay News Wire
Calkain Companies, a national real estate investment brokerage firm, announced today that Jim Tucker, CCIM will join the company as Chief Operating Officer (COO) to work with the company's executive team, sales professionals, administrative staff and clients... <read more>
June 21, 2011
Jim Tucker Joins Calkain as COO
GlobeSt.com
By Erika Morphy | GlobeSt.com
WASHINGTON, DC - Calkain Cos. is deepening its executive bench with the hire of a new chief operating officer. Industry veteran Jim Tucker has been on the job for a few weeks, focusing on... <read more>
June 17, 2011
Calkain Aims to Gain on NE Net Lease Scene
The Real Reporter
By: Joe Clements | The Real Reporter
BURLINGTON &emdash;
Virginia - based
Calkain Cos..
announced its arrival
this month, but the
expanding net lease
investment brokerage
... <read more>
June 16, 2011
Calkain Boston Wraps Up $10M Portfolio Transaction
GlobeSt.com
BOSTON, MA-Calkain Boston has completed a $10 million portfolio of triple net lease transactions for an oil and gas client. Rich Murphy, managing director of the newly-opened Calkain Boston office, says that the diversity of the properties involved--from... <read more>
June 15, 2011
What the Doc Ordered
Real Estate Bisnow | South Florida
Likening it to a case study of today's market, Calkain Cos EVP David Sobelman tells us he repped the seller of a build-to-suit asset in Broward County for $4.8M ($928/SF). The 5,000 SF investment property sale exemplifies... <read more>
June 10, 2011
Calkain Closes $4.8 Million Sale of Investment Property
REBusiness Online
SUNRISE, FLA. — Calkain Cos. has brokered the $4.8 million sale of a 5,170-square-foot investment property that is leased to Blue Cross/Blue Shield of Florida on a long-term, triple-net basis. The property is an... <read more>
June 9, 2011
Calkain Closes Sale of Triple Net Leased Duo
GlobeSt.com
By Jennifer LeClaire, GlobeSt.com
FORT LAUDERDALE, FL-An investment property leased to Blue Cross/Blue Shield of Florida on a long-term triple net basis has traded for $4.8 million, or $928.43 per square foot.... <read more>
June 8, 2011
Calkain Companies, Inc. Opens Boston Office
Boston Business Journal | Real Estate Round Up
Calkain Companies Inc., a national real estate investment brokerage firm, has recently opened a Boston-area office, located in Burlington, in order to better serve the New England and Northeast markets. The office will be... <read more>
June 1, 2011
Calkain Opening New Net Lease Brokerage Office in Boston
Citybizlist Washington DC
Reston, VA-based Calkain Cos. Inc. has opened an net-lease brokerage office in Boston, which will be run by Sr. Managing Director Stan Wyrwicz, Managing director Rich Murphy and Vice President Mike O'Mara, according to GlobeSt., which quotes company president Jonathan... <read more>
June 1, 2011
Calkain Cos. Opens Boston Office
Banker & Tradesman
Virginia-based Calkain Cos., a national real estate investment brokerage firm, has opened a Boston office and brought on three industry veterans to help run it.
Stan Wyrwic, who will serve as senior managing director, was... <read more>
May 31, 2011
Calkain Takes Boston
GlobeSt.com
BOSTON — "There's no full-service net-lease brokerage company serving the Boston market." With that statement, Jonathan Hipp, president and CEO of the Reston, VA-based Calkain Cos. Inc. unveiled to GlobeSt.com exclusively that it has opened an office here ... <read more>
May 31, 2011
Calkain Takes Boston
Silobreaker
BOSTON-Theres no full-service net-lease brokerage company serving the Boston market. With that statement, Jonathan Hipp, president and CEO of the Reston, VA-based Calkain Cos Inc. unveiled to GlobeSt.com exclusively that it has opened an office here and hired a team... <read more>
May 24, 2011
Is an UPREIT Right For You?
NAIOP | Commercial Real Estate Development Association
NAIOP: Online Solution Series – Release date: May 24, 2011
Presented by Richard Murphy,
Managing Director, Calkain Asset Management
As markets start to improve and the better-performing assets reach a break-even point, an UPREIT structure could... <read more>
May 18, 2011
UpREITs: Tax-Driven Conversions for Property Owners
Commercial Property Executive
By Rich Murphy, Managing Director, Calkain Asset Management
One of the more under-discussed aspects of the REIT is how it can benefit a seller of real estate. By contributing a property to a REIT, you can achieve... <read more>
May 16, 2011
Discounters Rev Up Retail
Natioinal Real Estate Investor
With retail bankruptcies continuing to mount &emdash; Blockbuster and Borders Group are the latest, leaving hundreds of storefronts vacant &emdash; new development has retreated into an eerie calm. It’s the rare shopping center being... <read more>
May 12, 2011
Fantini & Gorga executive discusses net lease financing
Washington Business Journal
Fantini & Gorga executive discusses net lease financing
Keith K. Wentzel, managing director of Fantini & Gorga, discusses his opinions on net lease financing and the future of the market on GlobeSt.com.
Read more: Fantini & Gorga executive discusses net lease financing... <read more>
May 2, 2011
Calkain closes area’s largest net lease deal in years
Forbes
FAIRFAX COUNTY &emdash; Calkain Cos. has closed on what it says is the largest net-leased retail deal in the Washington area in years, GlobeSt.com reports. Representing both the buyer and seller, Calkain facilitated the trade... <read more>
April 28, 2011
Non-Traded REITs Have Tons of Cash
GlobeSt.TV | By Ian Ritter
NEW YORK CITY - And they're ready to spend it on net lease properties, says Calkain Cos.' president and CEO Jonathan Hipp.
Continute to full article at: http://www.globest.com/videos/event_coverage/309300-1.html ... <read more>
April 26, 2011
Commercial real estate roundup, 4/25/11
Virginia Business Magazine
FAIRFAX COUNTY &emdash; Calkain Cos. , a national real estate investment brokerage firm in Reston, reports a $13.8 million sale that it describes as one of the largest net-lease retail transactions in the area... <read more>
April 20, 2011
NO HASSLE, DUDE
Real Estate Biznow | Washington
The DC area’s largest net lease deal in years has closed, signaling the return of “set it and forget it” real estate. Washington Property Co. sold a combo Walgreens/PNC-leased property in Fairfax for $13.8M to a local... <read more>
April 18, 2011
Ground Lease Sold for $13.8 Million in Virginia
REBusiness ONLINE
FAIRFAX, VA. &emdash; A cobranded ground lease between Walgreens and PNC Bank sold for $13.8 million, the largest net-leased retail transaction in the Washington, D.C., area in the last several years. Jeff Bogart of Calkain Companies' Reston, Va. office represented... <read more>
April 15, 2011
Calkain Closes Area’s Largest Net Lease Deal in Years
Washington Business Journal
Calkain Cos. has closed on what it says is the largest net-leased retail deal in the Washington area in years, GlobeSt.com reports. Representing both the buyer and seller, Calkain facilitated the trade of a ... <read more>
April 14, 2011
Calkain Closes Area’s Largest Net Lease Deal in Years
GlobeSt.com
By Erika Morphy | Washington, DC
FAIRFAX, VA-Calkain Cos., headed by Jonathan Hipp, has closed on what it says is the largest net leased retail deal in the Washington, DC area in years. Representing both buyer... <read more>
April 14, 2011
Look Out for FASB Changes
RealShare COVERAGE | GlobeSt.com
By Jacqueline Hlavenka | New York
NEW YORK CITY – Higher interest rates, reduced concessions and other negative impacts on balance sheets were just some of the grim predictions made during Wednesday afternoon’s “Latest Developments in ... <read more>
April 13, 2011
Non-Traded REITs Poised to Grow
RealShare COVERAGE | GlobeSt.Com
By Carl Gaines | New York
NEW YORK CITY-At the start of Wednesday’s RealShare Net Lease conference, keynote speaker Thomas Sittema, CEO of CNL Financial Group, produced a chart showing just four non-traded REITs as of 2003,... <read more>
April 12, 2011
Net Lease Opportunities Diversify
GlobeSt.com
By Paul Bubny | New York
NEW YORK CITY-The more than 200 industry professionals confirmed to attend Wednesday’s RealShare Net Lease conference have a more diversified array of net lease market opportunities to consider, conference... <read more>
April 6, 2011
Net Lease Builds on Success in 2011
GlobeSt.com
By Paul Bubny | New York
NEW YORK CITY-The net lease sector in 2010 drew renewed vigor from investors’ appetite for quality assets that offer long-term stability. Industry experts believe this year promises another sizable increase in... <read more>
April 6, 2011
Bright Lights for Retail’s Future?
GlobeSt.com | Net Lease Insider Blog
Closure announcements for this quarter GAFO (general merchandise, apparel, furniture and other goods) fell by 53% compared to last year. Blockbuster and Talbots made up 41% of those closings. This suggests retailers are rebounding... <read more>
March 28, 2011
Is 6% Still Too Low for Net Lease?
Real Estate Forum March 2011
I vividly remember having several conversations with some very intelligent net lease investors in 2007. Going through their parameters and discussing the potential options to deploy their capital, ultimately the conversation turned to yield – A.K.A. cap... <read more>
March 23, 2011
Investors Returning To Retail Single Building by Single Building
CoStar Group
Stand-Alone Retail Properties Generating Renewed Interest from Investors-- Hinting at Broader Recovery To Come
By Mark Heschmeyer
As the Great Recession recedes, consumers, retailers, investors, landlords and lenders are re-emerging and the prospects for retail commercial real estate look better than they... <read more>
March 16, 2011
Cap and Interest Rates Face Off on a Collision Course
Commercial Property Executive
With both cap rates falling and interest rates rising, just how much lower can the spread between these two figures go before investors begin to push back? Consumer confidence has crept back to relatively normal ... <read more>
March 3, 2011
Calkain Cos. exec on Mid-Atlantic ICSC
Washington Business Journal
Andrew Fallon, a Calkain Cos. associate, provides his observations on the International Council of Shopping Centers' mid-Atlantic conference, on GlobeSt.com.
Source: www.bizjournals.com/washington/breaking_ground/2011/03/calkain-cos-exec-on-mid-atlantic-icsc.html ... <read more>
February 16, 2011
The State of the Net Lease Market
Commercial Property Executive
Let’s address a few questions and answers about today’s net lease market.
Can you quantify cap rate differences by market for the same credit tenant?
Demand for credit rated property within the MSA of the elite primary ... <read more>
February 8, 2011
Space Race
The weak real estate market offers CFOs a great opportunity. Here's how to maximize it.
Russ Banham - CFO Magazine
Many companies will move or expand into new facilities in 2011, particularly if the economy picks up steam. Fortunately for them &emdash; and for companies that simply want a better deal... <read more>
January 26, 2011
Calkain’s Jonathan W. Hipp Featured in Real Estate Forum
Real Estate Forum January 2011
Active Sector Stands Apart in Down Market
The reliable income of high-quality net-leased assets shone in 2010.
That trend is expected to continue in 2011.
"There's more demand than there is product" was a refrain often heard throughout... <read more>
January 26, 2011
The Little Book of Triple Net Lease Investing Featured in Commercial Investment Spotlight
Commercial Investment Real Estate magazine
Understanding NNN
Commercial Investment Real Estate magazine reviews The Little Book fo Triple Net Lease
Investing.
To read the review visit:
www.calkain.com/news-pdf/news18.pdf
Order now at Amazon.com... <read more>
January 21, 2011
Calkain Cos. hires new research director
Virginia Business
Calkain Cos., a national real estate investment brokerage in Reston, has hired Winston Orzechowski as its new research director. The company, which specializes in triple net leases, added the position so it could focus on the macro and micro economic... <read more>
December 15, 2010
CVS/pharmacy sells for $11.74 Million in Washington, D.C.
Southeast Real Estate Business
Washington, D.C. - BGG AssociatesDC
and BGG Associates-DCGL have
purchased a CVS/pharmacy property,
which is located at 1751 Columbia
Road in Washington, D.C:s Adams
Morgan neighborhood. The triple-net
leased retail property sold for $11.74
million or $932 per square foot. Rick
Fernandez of Calkain Cos. represented
the buyer, while... <read more>
December 10, 2010
Cap Rates Dropping for Strong-Credit Net Lease Properties
Small Balance.com
If there's an arguably positive consequence of real estate bubbles, it's that development tends to come to a screeching halt when they burst - helping prevent product over-supplies from getting even further out of whack.
And at this point... <read more>
December 2, 2010
Catch Business with Triple-Net Leases
Scotsman Guide
Triple-net-lease properties' returns are more favorable and more secure than some traditional investment vehicles
By: David Sobelman, Executive Vice President, Calkain Cos.
As published in Scotsman Guide's Commercial Edition, January 2010.
Despite the economic downturn and the... <read more>
December 1, 2010
Tax Problems with ’Zero’ Solutions
Commercial Property Executive - By Richard T. Murphy, Managing Director, Calkain Asset Management
Deutsche Bank says two-thirds of loans maturing from now through 2018 cannot be refinanced. It also estimates at least two-thirds of CMBS loans maturing between now and 2018 will unlikely qualify for refinancing at maturity without significant equity infusions from... <read more>
November 30, 2010
Lorton office condo sells for $1.15M
Washington Business Journal
A 3,695-square-foot office condominium within the Lorton Station Town Center sold to a private investor for $1.15 million, or about $311 per square foot.
Defense contractor EOIR Technologies Inc. leases the space on a long-term, triple net basis.
... <read more>
November 18, 2010
Where the Buyers (and Lenders) Are
Real Estate Forum
Available product and deal flow have ramped up in the past six months, but cap rates are still all over the place.
At the start of 2010, the net lease sector appeared poised for a run-up in activity... <read more>
November 11, 2010
With Development Remaining Stagnant, Net Lease Properties More Popular
Tampa Bay Business Journal - by Patrick Nutt
While headlines continue to detail a prolonged downturn in the commercial real estate market, one sector that
has bucked that trend is the net lease arena.
First, it is important to realize how broad the title commercial real estate is.... <read more>
October 26, 2010
CVS in Adams Morgan Sells for $11.7M
Washington Business Journal - by Tierney Plumb
A CVS pharmacy in a high traffic location of Adams Morgan traded for $11.7 million.
The property at 1751 Columbia Rd. NW sold to BGG Associates-DC LLC and BGG Associates-DCGL LLC for $932.43 per square foot, or 98 percent... <read more>
October 22, 2010
Calkain Execs 'Write Book' on Net Lease Investing
Gulf Coast Business Review
In commercial real estate circles, it is often said that Calkain Cos. executives Jonathan Hipp and David Sobelman wrote the book on net lease investing. Now, that reference can be taken literally.
Sobelman, Calkain’s executive vice president in Tampa,... <read more>
October 18, 2010
Sobelman Named to Real Estate Forum's 40 Under Forty: Meet Tomorrow's Superstars
Real Estate Forum
The past few years have admittedly been tough for those tied to commercial real estate, but it hasn't sopped up-and-comers from making some major strides.
The editors for REAL ESTATE FORUM received nearly 300 nominations for this year's 40... <read more>
October 8, 2010
A New Take on FASB Rules from Richard L. Podos
GlobeSt.com | California AM Alert
Mention the acronym “FASB” in the halls of commercial real estate and you may start a veritable shouting match. Like some impending disaster, the fear that FASB will turn the CRE world upon it head (while leaving no prisoners) is... <read more>
September 29, 2010
Calkain Companies: Teal Henderson
Florida Real Estate Journal
TAMPA - Calkain Companies welcomes its newest broker, Teal Henderson, to its Southeast headquarters office in Tampa.
Teal Henderson's real estate career was initiated with a focus on medical and office real estate investment sales and leasing. She was... <read more>
September 24, 2010
Safety Net
Gulf Coast Business Review - by Carl Cronan | Tampa Bay Editor
Seasoned investors needing a counter to the lackluster returns of stocks, bonds and cash equivalents now have another option to consider.
And just like a possible remedy to a health ailment, they may be able to find it at... <read more>
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