Tag: CRE

Smaller Formats, Huge Investment Potential

GlobeSt.com

We are entering “the incredible shrinking store format” period. Thanks to the increasing popularity of e-commerce and changing tastes of shoppers, retailers are shuttering low-performing outlets and reducing real estate footprints.

Target is expanding in densely populated areas with smaller-format stores, typically 12,000 – 40,000 square feet. These smaller-format stores are a far cry from the retail company’s suburban, full-size, 130,000 square-foot, centers.  Target is not alone in the size reduction, Walmart, Kohl’s, and Nordstrom are also experimenting with smaller

Amanda WillisSmaller Formats, Huge Investment Potential

What is Really Happening with Bank-CRE Lending?

GlobeSt.com

There is nothing ambiguous about CBRE’s recently released report, “Commercial Real Estate Lending Market Remains Robust.” According to CBRE’s Lending Momentum Index, an index that tracks the pace of U.S. commercial loan closings, Q2 2018 numbers have kept pace with those reported in the first quarter. CBRE also indicated that banks accounted for almost half of the non-agency lending volume that closed during the second quarter.

Amid all the good news, the report also said that, “compared to a year ago, June …

Amanda WillisWhat is Really Happening with Bank-CRE Lending?

Calkain Negotiates $15.6M Sale of Property Net Leased to Publix in Northern Virginia

REBusinessOnline.com

FREDERICKSBURG, VA. — Calkain Cos. LLC has arranged the $15.6 million sale of a property net leased to Publix in Fredericksburg, a town in northern Virginia. The 49,098-square-foot store, located at 9601 Jefferson Davis Highway, opened in July. …

Amanda WillisCalkain Negotiates $15.6M Sale of Property Net Leased to Publix in Northern Virginia

Net Lease Breaks Tradition with the Typical CRE Summer Slowdown

GlobeSt.com

Summertime generally means hot weather and time off. For commercial real estate, summertime can also mean transactional slowdowns. While technology helps move contracts and closings along, the consensus is that buying and selling becomes a trickle between Memorial Day and Labor Day.…

Amanda WillisNet Lease Breaks Tradition with the Typical CRE Summer Slowdown

What’s Up In The Real Estate Market…

Delray Newspaper
Boca-based Rosemurgy Properties acquires new assets

Rosemurgy Properties recently acquired two new retail assets. One is a 14,750-square-foot CVS Pharmacy located at 4191 West Indiantown Road in Jupiter. The second a 2,150-square-foot Starbucks Coffee at 2209 SW Gatlin Boulevard in Port St. Lucie that opened in Feb. 2018.…

Amanda WillisWhat’s Up In The Real Estate Market…

Newly Built CVS Sells for $5.25M in Elkridge, MD

Calkain’s Hipp and Bogart Co-Broker the Sale of CVS Net Leased Asset in a 1031 Exchange

Herndon, VA –  Calkain recently brought to market and sold the CVS net leased asset located at 7650 Port Capital Drive in Elkridge, MD.  The newly built CVS opened in August and has a 25 year lease term with five, 5-year options.  Jonathan Hipp, President and CEO of Calkain, represented the seller and achieved a $5.25M sales price with a 4.95% cap rate.…

Traci BidingerNewly Built CVS Sells for $5.25M in Elkridge, MD

Calkain Companies’ Rick Fernandez Sells $2.48M Dunkin’ Donuts/Baskin-Robbins

Herndon, VA – Rick Fernandez, Senior Managing Director of Calkain Companies, a national net lease real estate brokerage firm, recently brokered the sale of a NNN Dunkin’ Donuts and Baskin-Robbins in Oldsmar, Florida for $2.475M at a cap rate of 5.32% on in place income.…

Traci BidingerCalkain Companies’ Rick Fernandez Sells $2.48M Dunkin’ Donuts/Baskin-Robbins