Tag: Fallon

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

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

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