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Calkain Companies Arranges Sale of Chase Bank Ground Lease
Reston, VA - July 25, 2013 - (RealEstateRama) -- Andrew Fallon and Jon Florin, Assistant Vice Presidents at Calkain Companies, a national real estate investment brokerage firm, recently arranged the purchase of a Chase Bank (NYSE: JPM) corporate groun...
Sale-Leaseback Offers Buying Opportunity at Higher Yield
Reston, VA - July 3, 2013 - (RealEstateRama) -- Calkain Companies, a national real estate investment brokerage firm, recently facilitated the sale-leaseback of child care center in the Richmond, VA market. The property, located at 8210 Walmsley Boulevard in Midlothian, VA had recently been acquired by Childcare Network to relocate an existing facility. The tenant had displayed a strong enrollment history, and a clear commitment to the new location by offering a long-term landlord friendly lease. Under terms of an exclusive buyer-broker agreement, Calkain was able to identify the sale-leaseback opportunity, which offered a long-term, corporately guaranteed lease at a higher yield in a the current compressed cap rate environment