Tag: Fallon

Calkain Brokers Sale of Pottery Barn Warehouse in Fredericksburg, VA

CItyBizList.com

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.

The 33,179 square foot building sits on 2.82 acres located in the 2.5 million square foot Central Park Shopping Center along the I-95 corridor about 50 miles south of Washington, DC. Ample traffic, a recently executed 5-year lease with a guarantee from Williams-Sonoma Stores, Inc., a publicly traded company with over $5 billion in sales, made this an attractive asset for net …

Amanda WillisCalkain Brokers Sale of Pottery Barn Warehouse in Fredericksburg, VA

Calkain Brokers Sale of Pottery Barn Warehouse in Fredericksburg, VA

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. …

Traci BidingerCalkain Brokers Sale of Pottery Barn Warehouse in Fredericksburg, VA

Net Lease Chasing Yield

GlobeSt.com

“Nothing is on our ‘No’ List,” said one panelist at GlobeSt.com’s RealShare Net Lease conference.

NEW YORK CITY—E-commerce is not going away. So, Jimmy Goodman, a partner at the Boulder Group, moderating the “State of the Industry” panel at GlobeSt.com’s annual Net Lease Conference asked experts how is it affecting their strategies?

“Almost every transaction we do institutionally today is more and more geared around, ‘Is it an internet resistant type business?’” said Glen Kunofsky, executive managing director of investments at Marcus & Millichap.

He noted although people may think the private market is less sophisticated, it doesn’t have to

Amanda WillisNet Lease Chasing Yield

Fernandez & Fallon Bring Fully Leased Restaurant at $5.3M 1351 H Street NE Washington, DC to Market

Herndon, VA – Calkain’s Rick Fernandez, Senior Managing Director, and Andrew Fallon, Executive Managing Director, recently signed an exclusive agreement to bring the real estate at 1351 H Street, NE Washington, DC to market.  The property under a landlord friendly lease, provides an exceptional opportunity to acquire 6,056 square feet of highly visible, street level, trophy Washington, DC real estate along the core retail block of the revitalized H Street Corridor.…

Traci BidingerFernandez & Fallon Bring Fully Leased Restaurant at $5.3M 1351 H Street NE Washington, DC to Market

Fernandez & Fallon Broker $2.2M Sale of Shaw Neighborhood Cocktail Bar

The Passenger | 1539 7th Street, NW | Washington, DC

Herndon, VA – Calkain‘s Urban Investment Advisors team of Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director, recently completed the sale of 1539 7th Street, NW. The popular cocktail bar, The Passenger, occupies the building and is operating under a long-term landlord friendly lease.…

Traci BidingerFernandez & Fallon Broker $2.2M Sale of Shaw Neighborhood Cocktail Bar

Adams Morgan condo freshly leased to Wawa to be listed for sale

Washington Business Journal

Douglas Development Corp. got Wawa for Adams Morgan, and now it’s getting out.

The D.C.-based developer and landlord has retained Calkain’s Andrew Fallonand Rick Fernandez to sell the ground-floor space at 2424 18th St. NW that was recently leased to Pennsylvania-based convenience store chain, Calkain Cos. announced. The property is expected to be listed in the first quarter of 2019.…

Amanda WillisAdams Morgan condo freshly leased to Wawa to be listed for sale

Calkain’s Fernandez & Fallon Retained to Sell Washington DC’s Newest Wawa

Wawa Coming to 18th Street in Adams Morgan, Spring 2019 Projected Opening

Herndon, VA – As reported by the Washington Business Journal, Wawa is coming to 2424 18th Street NW in Adams Morgan, making it the 4th announced location in Washington, DC.  The 6,400 square foot ground floor retail space will follow the contemporary design of Wawa’s new urban store model.  Wawa stated in a press release that it plans to open 25 stores in the mid-Atlantic, including five to ten stores in the Washington, DC market. Wawa reports that each new urban model store will employ …

Traci BidingerCalkain’s Fernandez & Fallon Retained to Sell Washington DC’s Newest Wawa

Finmarc Sells Off Pieces Of the First Potomac Portfolio

GlobeSt.com

CHANTILLY, VA–Two years ago Finmarc Management closed on First Potomac Realty Trust’s 950,000-square foot Northern Virginia portfolio for $96 million. It has been selectively selling off assets since then, including most recently two holdings for $7.2 million.

Two flex/office/warehouse buildings comprising 56,076 square feet within the Enterprise Center here traded to 10th Street, LLC. Caulley Deringer and Andrew Hassett of Transwestern represented the seller and Andrew Fallon of Calkain Companies represented the buyer in this transaction.

Over the past two years, Finmarc has increased the leased …

Amanda WillisFinmarc Sells Off Pieces Of the First Potomac Portfolio

Fernandez & Fallon Broker $1.85M Sale of Capitol Hill Retail

Herndon, VA – Calkain‘s Urban Investment Advisors team of Rick Fernandez and Andrew Fallon recently completed the sale of 749 8th Street, SE located in the Barracks Row area of the Capitol Hill neighborhood just north of the Navy Yard in Washington, DC. The 100% leased, 2,244 square foot, 2-story property is anchored by District Doughnut, a specialty doughnut shop, and the Skin Beauty Bar which offers luxury spa services.  Calkain represented the seller in the transaction and the property sold for $1,850,000.00 or $824 per square foot.

Fallon commented, “The property is well-located along 8th Street (Barracks …

Traci BidingerFernandez & Fallon Broker $1.85M Sale of Capitol Hill Retail

The home of The Passenger in Shaw is for sale

Washington Business Journal

The building that houses the popular Shaw bar The Passenger is up for sale

Herndon-based real estate brokerage firm Calkain Cos. has been retained to seek buyers for the Seventh Street building that is home to the cocktail bar and eatery, which maintains a longterm lease in the building, according to a release sent out Monday.…

Amanda WillisThe home of The Passenger in Shaw is for sale