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Net Lease Chasing Yield

GlobeSt.com

“Nothing is on our ‘No’ List,” said one panelist at GlobeSt.com’s RealShare Net Lease conference.

NEW YORK CITY—E-commerce is not going away. So, Jimmy Goodman, a partner at the Boulder Group, moderating the “State of the Industry” panel at GlobeSt.com’s annual Net Lease Conference asked experts how is it affecting their strategies?

“Almost every transaction we do institutionally today is more and more geared around, ‘Is it an internet resistant type business?’” said Glen Kunofsky, executive managing director of investments at Marcus & Millichap.

He noted although people may think the private market is less sophisticated, it doesn’t have to

Amanda WillisNet Lease Chasing Yield

Calkain’s Fernandez Sells $7.5M Fair Lakes Center Property

Net Leased to Bed Bath & Beyond (andThat! and Harmon Face Values)

Herndon, VA – Calkain’s Rick Fernandez, Senior Managing Director, recently completed the sale of 13065 Fair Lakes Center in Fairfax, VA.  The property includes a 5-acre parcel with 37,000 square feet of improvements and is guaranteed and net leased to Bed Bath & Beyond, Inc operating under its boutique concepts andThat! and Harmon Face Values.  The property traded for $7.5M, a 6.15% cap on current rent.…

Traci BidingerCalkain’s Fernandez Sells $7.5M Fair Lakes Center Property

Brand New Net-Leased Cumberland Farms Sells for $4.9M

Calkain’s Patrick Nutt & Connor Barton Broker C-Store Sale in Ft. Lauderdale (Coral Springs), FL

Ft. Lauderdale, FL Calkain’s Patrick Nutt and Connor Barton, closed this week on a net-leased Cumberland Farms asset, located at 8900 Wiles Road in Ft. Lauderdale (Coral Springs), Florida.  The asset, which sold for $4.9 million, was a newly constructed project with a 20-year absolute NNN ground lease. …

Traci BidingerBrand New Net-Leased Cumberland Farms Sells for $4.9M

The Unequality of Net Leased Properties

GlobeSt.com

Net lease properties are commercial real estate assets in which the tenant pays rent, as well as a portion, if not all of the taxes, along with insurance fees and maintenance costs involved with a property. This is the overall, accepted “umbrella” definition.…

Traci BidingerThe Unequality of Net Leased Properties

Why You Should Put Your Net Lease Dollars Into Dollar General

Commercial Property Executive

In 2019, this high-performing discount retailer has plans to open more than 1,000 new stores, each on an acre of land, notes Jonathan Hipp of Calkain Cos.

To the uninitiated, there might not seem anything too sexy about discount department stores. To the savvy net lease investor, however, the category is as appealing as a night on the Riviera–especially if that dollar store is Dollar General.…

Amanda WillisWhy You Should Put Your Net Lease Dollars Into Dollar General

Calkain’s Rick Fernandez Arranges $6.35M Sale of Washington DC, Metro Applebee’s

Herndon, VA – March 20, 2019 Rick Fernandez, Senior Managing Director of Calkain Companies, recently brokered the sale, sold individually to private investors, of Applebee’s restaurants in California, Maryland, and Winchester, Virginia.…

Traci BidingerCalkain’s Rick Fernandez Arranges $6.35M Sale of Washington DC, Metro Applebee’s

Calkain’s Patrick Nutt & Connor Barton Broker Sale of the Net-Leased Starbucks/Aspen Dental Strip Center

Ft. Lauderdale, FL  – Calkain’s Patrick Nutt and Connor Barton, closed this week on a net-leased multi-tenant building fully leased to Starbucks Coffee and Aspen Dental.  The property, located at 1590 N Broadway Avenue in Bartow, Florida, sold for $3,850,000.  Calkain, in conjunction with the owner, streamlined the due diligence process and enabled the international buyer to close more than two weeks ahead of schedule.…

Traci BidingerCalkain’s Patrick Nutt & Connor Barton Broker Sale of the Net-Leased Starbucks/Aspen Dental Strip Center

Newly Constructed 7-Eleven Sells in Lakeland, FL

Calkain’s Patrick Nutt Brokers Sale of the Net-Leased 7-Eleven in a 1031 Exchange

Ft. Lauderdale, FL –  Patrick Nutt, Calkain’s Managing Partner, closed this week on a net-leased 7-Eleven located at 2580 Kathleen Road in Lakeland, Florida.  The property sold for 97% of asking price, landing at $3,305,000.…

Traci BidingerNewly Constructed 7-Eleven Sells in Lakeland, FL

Calkain’s Fernandez Retained to Sell $9.5M

Herndon, VA – Rick Fernandez, Calkain’s Senior Managing Director, was recently retained to sell the Verizon anchored five tenant retail property at the prominent intersection of Route 29 and Rio Road on Charlottesville’s main retail corridor.…

Traci BidingerCalkain’s Fernandez Retained to Sell $9.5M

A Source No Longer

GlobeSt.com

Retail will be a forever changing game, and in order to survive a brand needs to keep up on emerging trends, as it’s a well-known story for those retailers who do not.…

Traci BidingerA Source No Longer