In the News

March 21, 2017 | Calkain Media
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, read more

March 16, 2017 | Calkain Media
Herndon, VA – Rick Fernandez, Senior Managing Director of Calkain Companies, a national net lease real estate brokerage firm, recently brokered the sale of a triple net lease Children of America daycare center in Bealeton, Virginia. Fernandez represented the seller, providing marketing and transaction support to guide the deal from negotiating offers to closing. Fernandez read more

March 08, 2017 | Jonathan Hipp | GlobesSt.com
Which new fast-casual chain will be the next Chipotle? This a question many investors and landlords wonder and ask. Competition is fierce for these chains across the country. The demand for a small footprint in a premium location is also high. A surge of new fast-casual restaurants has flooded the market in recent years, but read more

March 02, 2017 | Calkain Media
Fort Lauderdale, FL – Calkain Companies has sold two Florida Dairy Queens, both of which went under contract within weeks of marketing. The key was pricing them at a 6.00% cap,” said Doug Aronson, Managing Director in Calkain’s South Florida office. “Investors have certain expectations these days of getting a more favorable yield, but given the read more

March 01, 2017 | Calkain Media
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 read more

March 01, 2017 | Brad Thomas | http://seekingalpha.com/
7-Eleven Inc. is the world’s largest, franchisor, and licensor of convenience stores with more than 60,000 stores located in 17 countries around the world. The company actually started on an ice dock in 1927 by “Uncle Johnny” Jefferson who had the bright idea to start selling everyday staples from a dock in Dallas, Texas. By read more

February 22, 2017 | Calkain Media
Calkain Companies Releases Automotive Sector Net Lease Report The US economy has recovered from the 2009 recession and we have seen continued growth in the net lease automotive sector, with expectations of more growth for the auto parts industry. The average national automotive cap rates mirror the single tenant net lease (STNL) rates, ending 2016 read more
 

February 21, 2017 | Jonathan Hipp | GlobeSt.com
The 1950s saw the birth of the shopping mall across the nation, yet the era of destination retail stores, especially clothing stores, has been on a downward slide for some time. This trend away from the malls began with the introduction of the internet, bringing convenience and in many cases, lower prices to the consumer. read more

February 16, 2017 | Donna Mitchell | NREIOnline
When a retailer announces that it will sell off about 1,200 stores in order to take its business to the next level, these days the assumption is that the company is struggling to stay afloat and needs to quickly shed excess weight and curb costs. In Walgreens Boots Alliance’s case, however, the sale of more read more

February 13, 2017 | Business Observer
In a further sign that the Gulf Coast retail market remains healthy — at least for triple net deals involving credit tenants — a Tampa-based investment firm has sold 14 properties occupied by Applebee’s restaurants for $46 million. Each of the stand-alone restaurants, from the Orlando metropolitan area throughout the Gulf Coast, has between 17 read more

Mike VangsnessNews & Media