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Reston, VA - April 17, 2012 - (RealEstateRama) -- Calkain Urban Investment Advisors recently completed the sale of a four-tenant, retail investment property in Washington, DC. The purchaser was a private investor/developer seeking an income-producing asset with a strong upside. The property, WY18, is a charming residential condominium in the heart of Adams Morgan. Adams Morgan, one of the District’s most diverse neighborhoods, has streets ripe with multicultural eateries, eclectic shops and vibrant, charismatic nightlife.
Reston, VA - April 9, 2012 - (RealEstateRama) -- Calkain Companies, a national commercial real estate investment brokerage firm facilitated a sale leaseback transaction of Firehouse Subs in Pinellas Park, FL in the Tampa/Clearwater MSA. The purchaser was a private South Florida investor seeking a passive, incoming-producing asset to complete a 1031 exchange.
Reston, VA - March 1, 2012 - (RealEstateRama) -- Calkain Companies is a leader in advising its corporate clients in single tenant net lease and portfolio sale-leaseback transactions. Calkain's team has closed nearly $1 billion in sale-leaseback transactions. The sale-leaseback transaction allows a company to sell corporately owned real estate and simultaneously lease it back under a long-term lease with the buyer of the real estate.
Reston, VA - February 1, 2012 - (RealEstateRama) -- Calkain Companies’, a national real estate investment brokerage firm, recently completed a complex 1031 transaction involving two (2) zero-cash-flow properties (“zero(s)”) occupied by CVS (NYSE: CVS.) The purchaser was a large family LLC motivated by the foreclosure of an office building they had previously owned.
Reston, VA - January 27, 2012 - (RealEstateRama) -- Michael Zimmerman, Vice President of Calkain Realty Advisors, is the newest addition to Calkain Companies’ growing team of experienced net lease investment advisors. Zimmerman is a veteran net lease practitioner has successfully procured in excess of $325 million in transactions throughout Florida and the southeastern United States, resulting in numerous awards and recognition from within the net lease industry. Having successfully advised and represented merchant developers and private equity investors, Michael is seen as an authority on the asset class in which he specializes