Press Releases

Leidos NN Investment 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
NNN Ground Lease Investment For Sale Calkain’s Hipp Completes $4.1M Sale of Single Tenant Net Leased Royal Farms in Elkridge, Maryland (9/4/2019) - 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
Urban NNN Investments - CVS Pharmacy 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
Applebee's, Restaurant, 1031 Exchange, Seller Representation Calkain’s Fernandez Completes Sale of $15.2M Five Applebee’s Portfolio – Harrisonburg, VA Closes for $3.12M (7/30/2019) -   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
Virginia Beach, VA Chick-fil-a Sold Calkain’s Jonathan Hipp and Natalia Nunno Complete the Sale of a Single Tenant Net Leased Chick-fil-A in Virginia Beach, VA (7/25/2019) - 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
Calkain’s Jonathan Hipp and Andrew Fallon Complete the Sale of the Multi-Tenant Shopping Center in Gaithersburg, MD (7/18/2019) - 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
Commercial Property for Sale, Commercial Real Estate, Commercial Real Estate for Sale, commercial nnn lease 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.
Antero-Sale-Leaseback-Sold Calkain Completes Sale of Antero Resources Corporate Campus in Bridgeport, WV (6/25/2019) - Herndon, VA –Calkain‘s Ryan Lorey, CCIM, Jonathan Hipp and Natalia Nunno completed the sale of Antero Resources corporate headquarters campus in Bridgeport, West Virginia.  The class A two-building complex sold in a net lease transaction for $9.5 Million.
Calkain Brokers Sale of Pottery Barn Warehouse in Fredericksburg, VA (6/3/2019) - Herndon, VA –  Last week, Calkain‘s Andrew Fallon, Richard Murphy and Jon Hipp completed the sale of 1731 Carl D. Silver Parkway in Fredericksburg, VA.  The $2,825,000 fee simple real estate transaction was based on a landlord friendly net lease structure.
Multi-tenant, retial, net lease, nn Calkain Brokers Sale of West Bay Retail Center in Largo, FL (4/10/2019) - Calkain’s Patrick Nutt & Connor Barton Broker Sale of 4-Tenant Net-Leased Shopping Center Ft. Lauderdale, FL – April 10, 2019 – Calkain’s Patrick Nutt and Connor Barton, closed this week on a net-leased multi-tenant strip center.  The property, located at 1001 West Bay Drive in Largo, Florida, sold for $2,615,000.
Mike VangsnessPress Releases