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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

Recent Gov & Nonprofit Real Estate Press Releases

Ogdensburg Supportive Housing Project Opens With 42 Apartments for Homeless Residents

The New York State Office of Temporary and Disability Assistance (OTDA) announced the completion of Knox Street Building 2 in Ogdensburg, St. Lawrence County. The project created 42 units of permanent supportive housing for individuals who have experienced homelessness.