Tag: Urban Investments

Calkain’s Fernandez Completes $8.35M Sale of Two Richmond MSA Retail Centers

Herndon, VA – Rick Fernandez, Senior Managing Director at Calkain Companies, recently completed the sale of the 90% leased, 12,336 square foot Courthouse Shops, located at 6921 Commons Plaza and the fully leased 19,876 square foot Cloverhill Shops, located at 13918 Hull Street, both properties are just south of Richmond, VA.  The centers are well-situated with national anchors and great visibility along main retail trade areas.  Calkain represented the seller in the $8.35M transaction that sold at a 7.56% cap rate to a private investment group out of Baltimore, MD.…

Traci BidingerCalkain’s Fernandez Completes $8.35M Sale of Two Richmond MSA Retail Centers

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

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

Fernandez & Fallon Broker $5.8M Sale of 221 Pennsylvania Ave SE in Washington, DC

Herndon, VA Calkain‘s Urban Investment Advisors team of Rick Fernandez and Andrew Fallon, recently brought buyer and seller together for the off-market sale of 221 Pennsylvania Avenue SE in Washington, DC.  The 100% leased, 6,400 square foot, 3-story building is a stone’s throw from the Capitol building and in the heart of the dense retail core that serves the neighborhood.  Calkain represented the buyer in the transaction and the property sold for $5,775,000.00 or $902 per square foot.…

Traci BidingerFernandez & Fallon Broker $5.8M Sale of 221 Pennsylvania Ave SE in Washington, DC

Fernandez and Fallon Bring Trophy 14th Street NW Property to Market

Fully Renovated T-Mobile Anchored 2 Tenant Retail Property

Herndon, VA – Calkain’s Urban Investment Advisory team of Rick Fernandez and Andrew Fallon recently signed an exclusive listing to bring 1406 14th Street NW in Washington, DC to market. The generational asset is ideally located along the booming 14th Street corridor near Logan Circle.  The 5,100 square foot fully renovated building is 100% net leased to T-Mobile and En Vogue Nail Bar.…
Traci BidingerFernandez and Fallon Bring Trophy 14th Street NW Property to Market

Calkain Urban Advisors Completes $14.9M Sale of MacArthur Retail & Professional Center

Herndon, VA – Calkain‘s Urban Investment Advisors team of Rick Fernandez and Andrew Fallon, recently completed the sale of the MacArthur Retail & Professional Center at 5185 MacArthur Boulevard, NW located in the Palisades neighborhood just north of Georgetown in Washington, DC.  The 90% leased, 43,543 square foot, 3-story property is anchored by a dynamic suite of ground floor retail including Starbucks and the UPS Store.  Calkain represented the seller in the transaction and the property sold for $14,925,000.00 to a private group of investors from New York.…

Traci BidingerCalkain Urban Advisors Completes $14.9M Sale of MacArthur Retail & Professional Center

Calkain’s Rick Fernandez Brokers $1.9M Sale of Multi-Tenant Retail

Fernandez Represented Seller in the Transaction

Herndon, VA – Calkain Companies, brokered the $1.9M sale of the multi-tenant retail property at 10124-10128 Colesville Road in Silver Spring, MD. Offered for sale was the 100% leased, 6,400 SF three tenant retail property along one of the DC region’s busiest roadways. The buyers acquired the property as part of a 1031 exchange.…

Traci BidingerCalkain’s Rick Fernandez Brokers $1.9M Sale of Multi-Tenant Retail