Press Releases

Avison Young Adds Top Talent with Michael O’Mara and Stan Wyrwicz (7/21/2020) - Boston, MA – Avison Young is pleased to welcome Michael O’Mara and Stan Wyrwicz as they join our national Net Lease Group and reinforce the firm’s presence in the Greater Boston market.  Both Mike and Stan will specialize in the Net Lease service line but will complement the investment sale teams across the nation.
Avison Young arranges $3.2M acquisition of a ground lease with ALDI supermarket in Ormond Beach, Florida (4/23/2020) - Keith O’Donnell and Gary Gottlieb represent buyer in 1031 exchange following development site sale in Palm Beach County, Florida
Avison Young invests in U.S. net lease expertise to deliver specialist services for clients. Industry leader Jonathan Hipp will lead Avison Young’s new U.S. net lease group out of Washington, D.C. (2/10/2020) - Washington, D.C. – John Kevill, Avison Young Principal and President of U.S. Capital Markets, announced today the strategic addition of net lease industry pioneer Jonathan Hipp, who joins the firm as Principal, based in Washington, D.C.
Calkain’s Murphy & Nunno Complete Multi-Million Dollar 1031 Exchange for Client (1/6/2020) - Herndon, VA – Calkain’s Rich Murphy and Natalia Nunno recently completed an assignment in which they assisted a client in completing a multi-million dollar 1031 tax-deferred exchange.
Calkain’s Fernandez Assists First Time NNN Buyer With Closing On North Carolina Investment Property (10/17/2019) - Herndon, VA – Rick Fernandez, Senior Managing Director at Calkain Companies, recently helped a buyer complete their first purchase of a NNN investment property.  The High Point, North Carolina property included a 3,000 sf building on nearly an acre of land NNN leased to Bank of America.
NNN Pep Boys CRE Property Calkain’s Fernandez Arranges $7.6M Sale of NNN Pep Boys on Short-Term Lease (10/16/2019) - Herndon, VA  – Rick Fernandez, Calkain’s Senior Managing Director, recently completed the sale of the real estate at 20900 Frederick Road Germantown, MD featuring a 18,576 square foot building with 11 service bays on 2.3 acres 100% NNN leased to Pep Boys.  Calkain represented the seller in the $7.6M, 6.1% cap rate transaction.  The property
1031 exchange, net lease, murphy, fletcher Calkain’s Murphy & Fletcher Complete $5.3M 1031 Exchange for Client (10/4/2019) - Herndon, VA – Calkain’s Rich Murphy and Scott Fletcher recently completed an assignment in which they assisted a client in completing a $5.3M 1031 tax deferred exchange. Calkain successfully secured two replacement properties for a client that recently sold a hotel and was looking for more passive investments. One property, a $2.8M DaVita Dialysis clinic in
Leidos NN Investment Calkain’s Fernandez and Fallon Bring $10.5M-8% Cap 7152 Windsor Boulevard to Market (9/20/2019) - 57,855 SF 100% Leased to Leidos Innovation Corporation Herndon, VA – Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director of Calkain Companies have been retained to sell 7152 Windsor Boulevard in Baltimore, MD.  The property is 100% leased to S&P investment grade BBB- credit rated Leidos, Inc.  The property includes a single
Calkain’s Hipp Completes $4.1M Sale of Single Tenant Net Leased Royal Farms in Elkridge, Maryland (9/4/2019) - NNN Ground Lease at 7136 Montevideo Road in Elkridge, MD Herndon, VA – Jonathan Hipp, President & CEO at Calkain Companies, recently completed the sale of the newly built Royal Farms convenience store at 7136 Montevideo Road in Elkridge, Maryland.  Hipp represented a local developer in the disposition of this 20-year NNN ground lease in
Calkain’s Hipp & Fernandez Arrange $15M Sale of Washington DC Connecticut Avenue NNN CVS (9/3/2019) - Connecticut Avenue NW CVS Pharmacy Sells at $1,714 PSF Jonathan Hipp, President & CEO and Rick Fernandez, Senior Managing Director at Calkain Companies, recently completed the sale of the, 8,754-square-foot, street level NNN real estate, 100% leased to CVS Pharmacy at 3323, 3325-3329 Connecticut Avenue, NW in Washington DC.  Calkain represented the seller, a Family
Mike VangsnessPress Releases