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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

Business Real Estate Press Releases

Coastal Millwork, Risley Padula Construction become first tenants at Blue Clay...

On Wednesday, November 19, New Hanover County’s Blue Clay Business Park officially welcomed its first occupants to the complex. Coastal Millwork Supply Co. and its sister company, Risley Padula Construction Inc., held an open house at the companies’ newly finished 68,000-square-foot facility.

Recent Gov & Nonprofit Real Estate Press Releases

Rep. Cavitt introduces flexibility plan for local parks and recreation boards

State Rep. Cam Cavitt today announced a new legislative plan to add additional layers of flexibility for governance rules that apply to local parks and recreation boards. The legislation would allow counties with populations under 100,000 to reduce the size of their parks and recreation boards from 10 members to 7, saving potentially thousands of dollars in overhead costs each year.