Press Releases

The Economy Thrives. Single Tenant Net Lease Market Soars.

Calkain Releases Net Lease Economic Report, Semi-Annual Edition.

Herndon, VA – Calkain today released its latest Net Lease Economic Report, Semi-Annual Edition.  Despite a barrage of negative news with trade wars, chemical warfare, and political unrest, the economy continues to soar.  The economic strength bodes well for developers and owners of commercial real estate.

According to the report, “Consumer spending is enhanced with each and every net new job created, which has particular salience in the single tenant net lease market.  Consumer and business confidence also tend to drift higher, inducing further household and enterprise outlays into the economy.”…

Traci BidingerThe Economy Thrives. Single Tenant Net Lease Market Soars.

Calkain’s Fernandez Arranges $5.73M Sale Washington, DC Metro Applebee’s

Fernandez Represented Seller in the Transaction

Herndon, VA – Rick Fernandez, Senior Managing Director of Calkain Companies, recently brokered the sale of two Applebee’s restaurants, one in Frederick, MD and and the other in Warrenton, Virginia.  Sold individually, the properties were purchased by private investors in a 1031 exchange.…

Traci BidingerCalkain’s Fernandez Arranges $5.73M Sale Washington, DC Metro Applebee’s

Calkain’s Fernandez Brokers Sale of The Learning Experience for $4.67M in Chantilly, VA

Fernandez Represented Seller in Transaction and Completes Sale of Developer’s Three Northern Virginia Daycares

Herndon, VA – Rick Fernandez, Senior Managing Director of Calkain Companies, brokered the sale of the Chantilly, Virginia The Learning Experience for $4.67M.  The Chantilly property along with the Woodbridge and Manassas locations, combined for a $11+ Million sale for the owner/developer.  The properties are leased to The Learning Experience, one of the fastest growing daycare operations in the country.…

Traci BidingerCalkain’s Fernandez Brokers Sale of The Learning Experience for $4.67M in Chantilly, VA

Calkain Completes Sale of McDonald’s/Family Dollar Center in Orange, VA

Herndon, VA – Calkain’s Rich Murphy and Natalia Nunno have recently completed the sale of the Orange Shopping Center in OrangeVA.  The center consisted of a McDonald’s and a Family Dollar store. A local buyer purchased the retail center for $1,020,000.

The property has been occupied by these two tenants for over 30 years which made it a very attractive investment. Calkain’s Nunno said “We had an enormous amount of interest in the property given the price point and its longstanding history.” Murphy continued “Properties like this don’t come on the market very often and when they …

Amanda WillisCalkain Completes Sale of McDonald’s/Family Dollar Center in Orange, VA

Despite Rising Cap Rates, Net Lease Remains Strong

Research

Herndon, VA – Calkain released its latest Q2 2018 Cap Rate Report.  Calkain’s research indicates a continued moderate rise in cap rates for single tenant net lease (STNL) properties.  The quarterly change was 17 basis points,  however when viewed over the trailing 12-36 months, rates are relatively stable with an average rate in the low 6’s.  Among the various sectors in net lease, there are large variances and a deeper look into the recorded transactions show shorter lease terms and as well as more double-net (NN) leases for several sectors.…

Traci BidingerDespite Rising Cap Rates, Net Lease Remains Strong

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

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

2018 ICSC RECon Recap | The Net Lease Outlook

Q&A with Calkain’s Jonathan Hipp and Patrick Nutt

What was the overall vibe at RECon this year?

Jon:  Most obvious was that attendance was down significantly, but that made way for better conversations.  Everyone was quite positive.  All the past chatter about the “Retail Apoclypse” has subsided, not once did I hear any negative chatter. The focus was on doing deals and getting business done.  It was a very productive show.

Amanda Willis2018 ICSC RECon Recap | The Net Lease Outlook