Press Releases

Calkain’s Fernandez Assists First Time NNN Buyer With Closing On North Carolina Investment Property

Herndon, VA – Rick Fernandez, Senior Managing Director at Calkain Companies, recently helped a buyer complete their first purchase of a NNN investment property.  The High Point, North Carolina property included a 3,000 sf building on nearly an acre of land NNN leased to Bank of America. …

Traci BidingerCalkain’s Fernandez Assists First Time NNN Buyer With Closing On North Carolina Investment Property

Calkain’s Fernandez Arranges $7.6M Sale of NNN Pep Boys on Short-Term Lease

Herndon, VA  – Rick Fernandez, Calkain’s Senior Managing Director, recently completed the sale of the real estate at 20900 Frederick Road Germantown, MD featuring a 18,576 square foot building with 11 service bays on 2.3 acres 100% NNN leased to Pep Boys.  Calkain represented the seller in the $7.6M, 6.1% cap rate transaction.  The property sold to a private investor completing a 1031 exchange.…

Traci BidingerCalkain’s Fernandez Arranges $7.6M Sale of NNN Pep Boys on Short-Term Lease

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

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

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

Calkain’s Hipp & Fernandez Arrange $15M Sale of Washington DC Connecticut Avenue NNN CVS

Connecticut Avenue NW CVS Pharmacy Sells at $1,714 PSF

Jonathan Hipp, President & CEO and Rick Fernandez, Senior Managing Director at Calkain Companies, recently completed the sale of the, 8,754-square-foot, street level NNN real estate, 100% leased to CVS Pharmacy at 3323, 3325-3329 Connecticut Avenue, NW in Washington DC.  Calkain represented the seller, a Family Trust, in the $15M, 5.8% cap rate transaction.…

Traci BidingerCalkain’s Hipp & Fernandez Arrange $15M Sale of Washington DC Connecticut Avenue NNN CVS

Calkain’s Fernandez Completes Sale of $15.2M Five Applebee’s Portfolio – Harrisonburg, VA Closes for $3.12M

 

Rick Fernandez, Senior Managing Director of Calkain Companies, recently brokered the sale, to private investors on a 1031 exchange, of the real estate at 1860 East Market Street in Harrisonburg, Virginia under a long term lease to Potomac Family Dining operating an Applebee’s restaurant at this location.  This sale completes a five-unit portfolio sale of Applebee’s in Maryland and Virginia.…

Amanda WillisCalkain’s Fernandez Completes Sale of $15.2M Five Applebee’s Portfolio – Harrisonburg, VA Closes for $3.12M

Calkain’s Jonathan Hipp and Natalia Nunno Complete the Sale of a Single Tenant Net Leased Chick-fil-A in Virginia Beach, VA

Herndon, VA – Calkain’s Jonathan Hipp and Natalia Nunno, recently completed the sale of a triple net leased Chick-fil-A in Virginia Beach, VA. The property, located at 4752 Virginia Beach Boulevard, was built in 2017 and the NNN ground lease had built in rent increases. The asset sold at a 4.0% cap rate for $2,912,499.00 to a local 1031 buyer.…

Leigh ClineCalkain’s Jonathan Hipp and Natalia Nunno Complete the Sale of a Single Tenant Net Leased Chick-fil-A in Virginia Beach, VA

Calkain’s Jonathan Hipp and Andrew Fallon Complete the Sale of the Multi-Tenant Shopping Center in Gaithersburg, MD

Herndon, VA – July 18, 2019 – Calkain’s Jonathan Hipp and Andrew Fallon, recently completed the sale of Montgomery Village Marketplace, a multi-tenant shopping center in Gaithersburg, MD.  The shopping center is located in the heart of Montgomery Village, adjacent to the new revitalization project approved and underway with an expected summer 2020 completion.  The shopping center sold for $4.6 million.…

Traci BidingerCalkain’s Jonathan Hipp and Andrew Fallon Complete the Sale of the Multi-Tenant Shopping Center in Gaithersburg, MD

Fernandez and Fallon Retained to Sell Prime Shaw Neighborhood Retail

Herndon, VA – Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director of Calkain’s Urban Investment Advisors, have been retained to sell 1544 9th Street NW, Washington, DC.  The net lease investment real estate features a NNN ten year lease to Zeppelin a wildly popular sushi and charcoal grilled yakitori restaurant.…

Leigh ClineFernandez and Fallon Retained to Sell Prime Shaw Neighborhood Retail