net lease

Reston, VA - October 23, 2013 - (RealEstateRama) -- Calkain Companies' David Sobelman, Executive Vice President and Managing Partner, and Rick Fernandez, Managing Director, have been named exclusive sales agent for the sale of The Starbucks Building in the heart of Dupont Circle in Washington, DC. Dupont Circle is one of the most iconic and cosmopolitan neighborhoods in the United States, recognized the world over as the home of DC's Embassy Row. David Sobelman commented, "Offered for Sale is the premier retail property directly on the busiest and most prominent corner of Dupont Circle itself, the intersection of the Circle and Connecticut Avenue. The Starbucks Building is at the heart of the commercial district with shopping, dining, office and residences within one of the most walkable neighborhoods in America, central to the entire D.C. metro region.”

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