All News

Sycolin Corner Strip Center Sells for $6.1 Million

Calkain’s Fallon & Murphy Complete Sale of the “Amazon-Proof” Retail Strip Center in Northern Virginia

Herndon, VA – Calkain’s Executive Managing Director, Andrew Fallon and Managing Director, Richard Murphy have recently completed the sale of the multi-tenant strip center located at 400 – 416 Sycolin Road SE in Leesburg, Virginia.  The busy neighborhood retail center is anchored by a 9,300 SF Kiddie Academy and co-located with a neighborhood Walgreens. A local, high net-worth, repeat buyer purchased the retail center for $6,100,000 at $440.00 PSF.  …

Traci BidingerSycolin Corner Strip Center Sells for $6.1 Million

Did Amazon’s Acquisition Of Whole Foods Alter The Net Lease Grocery Sector?

GlobeSt.com

While the grocery industry is undergoing changes in tenant mix, technology, and customer trends, the acquisition of Whole Foods by Amazon did not have a noticeable effect on grocery sector.

It was big news when Amazon announced they were buying Whole Foods. Amazon was expected to ramp up their fresh food and cut prices in Whole Foods. Speculations about what this meant for the internet giant and future of the grocery industry ran wild. We wanted to look at a few measurable effects in the net lease market in the 12 months before the announcement of the acquisition and from …

Amanda WillisDid Amazon’s Acquisition Of Whole Foods Alter The Net Lease Grocery Sector?

Is The Rite Aid-Albertson’s Merger In Trouble?

GlobeSt.com

The proposed merger has been met with mixed reactions. Find out what it means to net lease investors.

Rite Aid has been an interesting tenant to follow over the last few years. Walgreens and Rite Aid entered into a merger agreement in October of 2015 before terminating the agreement in June of 2017 over mounting doubt the FTC would approve the action. Walgreens and Rite Aid announced a replacement to the deal whereby Walgreens would acquire 2,186 stores from Rite Aid for $5.175 billion. In September, this was amended to 1,932 locations at $4.375 billion. The agreement closed this past …

Amanda WillisIs The Rite Aid-Albertson’s Merger In Trouble?

Calkain Opens Office In New York City

GlobeSt.com

The company has hired Michael Heneghan to open and run the office.

HERNDON, VA–Calkain Cos. is expanding to its sixth location, this time in New York City.

It has tapped Michael Heneghan, who was Senior Vice President – Investments at Vereit/American Realty Capital Properties, to open and run the new office.

Amanda WillisCalkain Opens Office In New York City

Calkain Opens New York City Office with Addition of Michael Heneghan

Heneghan Hired to Expand Calkain’s Net Capital Markets Group (NetCMG)

Herndon, VA – June 16, 2018 –  Calkain announced this week that it has hired Michael Heneghan as a Senior Managing Director to open and run its New York City office, the sixth location for Calkain, headquartered in Herndon, VA, with existing offices in Ft. Lauderdale, FL, Atlanta, GA, Philadelphia, PA and Boston, MA.  Further, Heneghan will play a prominent role in developing NetCMG, Calkain’s newly formed Net Capital Markets Group.…

Amanda WillisCalkain Opens New York City Office with Addition of Michael Heneghan

With Over 40 Sold, Fallon Brings 11 Net Leased Dollar General Stores to Market

Herndon, VA – Calkain’s Executive Managing Director, Andrew Fallon, is bringing an inventory of 11 net leased Dollar General stores to market.  The assets, which can be sold individually or as a portfolio, are located throughout Pennsylvania, and are each leased to Dollar General with a 15-year NNN lease. The properties are new construction, having been built in 2016-2017.…

Traci BidingerWith Over 40 Sold, Fallon Brings 11 Net Leased Dollar General Stores to Market

Calkain Unveils New Capital Markets Division

The Net Capital Markets Group is geared to addressing the needs of larger institutional and private-market clients.

Herndon, VA – Calkain Companies LLC, a commercial real estate brokerage firm focused on net leased assets, has launched a new capital markets division specifically designed to address the needs of larger institutional and private-market clients with transactions ranging from $15 million to $100 million.

Traci BidingerCalkain Unveils New Capital Markets Division