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Calkain’s Murphy & Fletcher Complete $5.3M 1031 Exchange for Client

Calkain’s Rich Murphy and Scott Fletcher recently completed an assignment in which they assisted a client in completing a $5.3M 1031 tax deferred exchange.

Calkain successfully secured two replacement properties for a client that recently sold a hotel and was looking for more passive investments. One property, a $2.8M DaVita Dialysis clinic in Florence, SC, and the other a $2.5M Starbucks in Watertown, CT, were each closed within weeks of each other. Calkain not only assisted in finding and underwriting the properties, but also in arranging and managing the due diligence and transition process post sale.…

Amanda WillisCalkain’s Murphy & Fletcher Complete $5.3M 1031 Exchange for Client

Calkain’s Murphy & Fletcher Complete $5.3M 1031 Exchange for Client

Herndon, VA – Calkain’s Rich Murphy and Scott Fletcher recently completed an assignment in which they assisted a client in completing a $5.3M 1031 tax deferred exchange.

Calkain successfully secured two replacement properties for a client that recently sold a hotel and was looking for more passive investments. One property, a $2.8M DaVita Dialysis clinic in Florence, SC, and the other a $2.5M Starbucks in Watertown, CT, were each closed within weeks of each other. Calkain not only assisted in finding and underwriting the properties, but also in arranging and managing the due diligence and transition process post sale.…

Amanda WillisCalkain’s Murphy & Fletcher Complete $5.3M 1031 Exchange for Client

Net Lease Investors Take a Hard Look at CRE Fundamentals

GlobeSt.com

Calkain’s Q2 Net Lease Overview shows investors taking a hard look at real estate fundamentals, even as property sales continue their increase from the first quarter of 2019.

In analyzing report metrics in our Q2 2019 Net Lease Overview, we noted a focus on fundamentals, a bump in sales activities, and third, a three-sector impact. Let’s explain the third point first.

Q2 numbers were influenced mainly by the automotive, big box, and dollar store sectors; all three types experienced a jump in sales, though their cap rates differed.…

Amanda WillisNet Lease Investors Take a Hard Look at CRE Fundamentals

Why the Window of Opportunity Is Open for Borrowers

Commercial Property Executive

Now is the time for investors to maximize the spread between debt financing and returns, says Calkain Cos.’ Jonathan Hipp.

We all expect investment activity to pick up after the summer months, but are we seeing a bigger uptick than normal?  We think so. …

Leigh ClineWhy the Window of Opportunity Is Open for Borrowers

Calkain’s Fernandez and Fallon Bring $10.5M-8% Cap 7152 Windsor Boulevard to Market

CItyBizList.com

Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director of Calkain Companies have been retained to sell 7152 Windsor Boulevard in Baltimore, MD. The property is 100% leased to S&P investment grade BBB- credit rated Leidos, Inc. The property includes a single story 57,855 sf building situated on 4.96 acres with 300 on-site parking spaces providing an above-market parking ratio in the government and contractor-driven Windsor Mill sub-market of Baltimore, Maryland. The property is strategically located in close proximity to the federal agencies served by Leidos and has undergone over $2M in improvements over the tenant’s history at …

Amanda WillisCalkain’s Fernandez and Fallon Bring $10.5M-8% Cap 7152 Windsor Boulevard to Market

Calkain’s Fernandez and Fallon Bring $10.5M-8% Cap 7152 Windsor Boulevard to Market

57,855 SF 100% Leased to Leidos Innovation Corporation

Herndon, VA – Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director of Calkain Companies have been retained to sell 7152 Windsor Boulevard in Baltimore, MD.  The property is 100% leased to S&P investment grade BBB- credit rated Leidos, Inc.  The property includes a single story 57,855 sf building situated on 4.96 acres with 300 on-site parking spaces providing an above-market parking ratio in the government and contractor-driven Windsor Mill sub-market of Baltimore, Maryland. The property is strategically located in close proximity to the federal agencies served by Leidos and …

Traci BidingerCalkain’s Fernandez and Fallon Bring $10.5M-8% Cap 7152 Windsor Boulevard to Market

Outside the Region: Hipp of Calkain Cos. and Wenig of AvisonYoung broker $4.1 million sale

nyrej.com

Elkridge, MD Jonathan Hipp, president and CEO at Calkain Cos. completed the sale of the newly built Royal Farms convenience store at 7136 Montevideo Rd. Hipp represented a local developer in the disposition of this 20-year NNN ground lease in a $4.1 million sale.

Avison Young’s Net Lease Investment Sales Group led by Asher Wenig represented the buyer.

“We executed a favorable deal for our client, achieving a 5.12% cap rate. The new 20-year lease structure with multiple renewal options demonstrated the tenant’s commitment to the site.  With the corporate-backed guarantee on the lease it was an attractive investment – …

Amanda WillisOutside the Region: Hipp of Calkain Cos. and Wenig of AvisonYoung broker $4.1 million sale

What an Uncertain Market Outlook Means to Net Lease

GlobeSt.com

Would further interest-rate cuts lower the cap-rate spread throughout the remainder of the year? That depends on when the cuts occur, and how much they change.

Let’s start off by stating the obvious. No one knows what the end of the year will look like in terms of any of the drivers of market dynamics, and by that I mean the 10-Year Treasury, interest rates or cap rates.…

Amanda WillisWhat an Uncertain Market Outlook Means to Net Lease

Calkain Arranges $15 Million Sale of Triple-Net-Leased CVS in D.C.

Shopping Center Business

Washington, D.C. — Calkain Cos. has arranged the $15 million sale of a triple-net-leased CVS property in Washington, D.C. The 8,754-square-foot building is located at 3323, 3325-3329 Connecticut Ave. NW, three miles north of downtown Washington, D.C. The building first served as a pharmacy in the 1950s before being converted to a CVS in 1990. Jonathan Hipp and Rick Fernandez of Calkain represented the seller, an undisclosed family trust, in the transaction. The buyer was a private investor completing a 1031 tax-deferred exchange.

View the article here

Amanda WillisCalkain Arranges $15 Million Sale of Triple-Net-Leased CVS in D.C.

Calkain’s Hipp Completes $4.1M Sale of Single Tenant Net Leased Royal Farms in Elkridge, Maryland

NNN Ground Lease at 7136 Montevideo Road in Elkridge, MD

Herndon, VA – Jonathan Hipp, President & CEO at Calkain Companies, recently completed the sale of the newly built Royal Farms convenience store at 7136 Montevideo Road in Elkridge, Maryland.  Hipp represented a local developer in the disposition of this 20-year NNN ground lease in a $4,100,000 sale.…

Traci BidingerCalkain’s Hipp Completes $4.1M Sale of Single Tenant Net Leased Royal Farms in Elkridge, Maryland