$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.