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$23MM Zero Cash Flow Portfolio Transaction
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.