Tag: Fallon

Calkain‘s Urban Investment Advisors Team Brings Two Listings to Market

1101 Rhode Island Ave, NW and 1539 7th Street, NW in Washington, DC

Herndon, VA – September 27, 2017 –  Calkain‘s Urban Investment Advisors team of Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director, have been retained to sell two net leased properties in Washington, DC.

1101 Rhode Island Avenue, NW is a highly adaptable 3,000+ sf, first floor retail space located in the Holm and is leased to Cut Seven gym which offers an intense, team driven, workout experience. 1101 Rhode Island is on a very busy signalized corner and a short walk to the Shaw-Howard …

Traci BidingerCalkain‘s Urban Investment Advisors Team Brings Two Listings to Market

Fallon and Fernandez Broker $3M Sale of Ground Floor Retail at 1011 M Street NW

Herndon, VA Calkain‘s Urban Investment Advisors team of Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director, completed the advance sale of the ground floor retail unit of a soon to be completed restaurant at 1011 M Street NW.  The 4,260 square foot upscale restaurant will occupy the street level floor of the luxury 10Eleven Condominiums in the dynamic and transitioning Shaw neighborhood of Washington, DC.

Calkain consulted with the seller for over a year on the lease to position the property for maximum value on the net lease market.  The seller chose Calkain and opted to …

AmyFallon and Fernandez Broker $3M Sale of Ground Floor Retail at 1011 M Street NW

With 17 Dollar Generals Sold This Year, There’s a New General in Town

Calkain’s Fallon Paves the Way for Net Lease Investors

Herndon, VA – Calkain’s Executive Managing Director, Andrew Fallon, recently completed the sale of his 17th Dollar General store this year, having sold 11 of them just this summer. The stores are located in Pennsylvania, Ohio, Maine and Maryland. All properties are similar in size, approximately 9,000 square feet and are 100% leased to Dollar General Corporation.  The newly constructed NNN stores sold at an average cap rate of 6.67%, right in line with the 6.63% average cap rate for Dollar Generals at the end of the Second Quarter 2017 according …

Traci BidingerWith 17 Dollar Generals Sold This Year, There’s a New General in Town

Calkain Urban Investment Advisors Brokers $9.2M, 6.5% Cap Sale of Urban Retail in Washington, DC

Fallon & Fernandez Represented Seller in Transaction

Herndon, VA – Calkain Urban Investment Advisors, the urban division of Calkain Companies, brokered the $9.2M sale of the commercial units at the Tenley Hill condominium at 4719-4731 Wisconsin Avenue, Washington, DC.  Tenley Hill is a premier mixed-use, luxury Leed Certified condominium developed by PN Hoffman in 2001.  Offered for sale were the 100% leased first and second floors of the building featuring six commercial condominium units of approximately 20,000 SF.  The commercial units have a dedicated lobby and private 24-space parking garage.  The buyers acquired the property as part of a 1031 …

AmyCalkain Urban Investment Advisors Brokers $9.2M, 6.5% Cap Sale of Urban Retail in Washington, DC

Fernandez and Fallon Retained to Sell Prime Shaw Neighborhood Retail

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 real estate property has a twelve-year net lease with the New Orleans style, French Quarter Brasserie & Oyster Bar (FQB).…

Emily CusmanoFernandez and Fallon Retained to Sell Prime Shaw Neighborhood Retail

Fernandez & Fallon Retained to Sell the 43,000 SF MacArthur Blvd. Retail & Professional Center

Herndon, VA – Rick Fernandez and Andrew Fallon of Calkain Urban Investment Advisors have been retained to sell the MacArthur Retail & Professional Center located at 5185 MacArthur Blvd. NW in Washington, DC.…

Emily CusmanoFernandez & Fallon Retained to Sell the 43,000 SF MacArthur Blvd. Retail & Professional Center

Fernandez & Fallon Retained to Sell First Floor Net Lease Retail on M Street NW, DC

Herndon, VA – Rick Fernandez and Andrew Fallon of Calkain Urban Investment Advisors have been retained to sell the first floor restaurant space of the newly built, 94% sold out, 10Eleven luxury Condominiums at the corner of 11th and M Streets NW.…

Emily CusmanoFernandez & Fallon Retained to Sell First Floor Net Lease Retail on M Street NW, DC

Calkain Represents Top DC Developer in Sale of NC Walgreens at a 5.51% Cap

Herndon, VA – Andrew Fallon and Rick Fernandez of Calkain Companies completed the sale of a NNN Walgreens in Garner, North Carolina on behalf of one of DC’s top area developers. Calkain previously worked with the client in the acquisition of this asset, having been provided investment criteria of obtaining a liquid NNN property. More recently, Calkain listed the property and was able to procure a 1031 exchange buyer, quickly re-selling the Walgreens for just over $5 million with a 5.51% cap rate.…

Emily CusmanoCalkain Represents Top DC Developer in Sale of NC Walgreens at a 5.51% Cap

Fallon and Fernandez to Sell Prime Washington, DC Mixed-Use Real Estate

Herndon, VA – Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director of Calkain’s Urban Investment Advisors, have been retained to sell the first and second floor units within the Tenley Hill Condominium. This premier mixed-use property is LEED Certified, 3 star rated, and located at 4719-4731 Wisconsin Avenue, NW, Washington, DC.

Tenley Hill is a 38 unit mixed-use development featuring modern upscale building treatments.

Fallon commented,

The units are 100% leased and include a dedicated lobby for the commercial space, public conference room, a private 24-space parking garage and storage areas to meet the needs of the

Emily CusmanoFallon and Fernandez to Sell Prime Washington, DC Mixed-Use Real Estate