Calkain’s Fernandez Arranges $7.6M Sale of NNN Pep Boys on Short-Term Lease(10/16/2019)-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
Calkain’s Murphy & Fletcher Complete $5.3M 1031 Exchange for Client(10/4/2019)-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
Calkain’s Fernandez and Fallon Bring $10.5M-8% Cap 7152 Windsor Boulevard to Market(9/20/2019)-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
Calkain’s Hipp & Fernandez Arrange $15M Sale of Washington DC Connecticut Avenue NNN CVS(9/3/2019)-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
Fernandez and Fallon Retained to Sell Prime Shaw Neighborhood Retail(6/28/2019)-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.