Investment Ground Lease in MD Sold

Net Lease Press Releases

Popeye’s Chicken on a Ground Lease in MD Sold

Calkain Companies, a national real estate investment brokerage firm, has procured the sale of the real estate currently occupied by Popeye’s Chicken on a ground lease in LaPlata, MD. Jeff Bogart of Calkain Companies represented the seller in this transaction. “We are currently experiencing a market short on NNN inventories and long on buyers. This combination has resulted in ‘all time low’ cap rates,” Bogart stated. “In this transaction, the seller needed to close the transaction by year end or incur an additional 5% tax liability” Bogart continued and “Calkain found a buyer that could close in less than 40 days with financing.” The buyer was a private investor represented by Ui Chung of Hana Realty.

Calkain Companies is a boutique commercial real estate brokerage firm which specializes in assisting buyers and sellers with single and multi-tenant retail, industrial, hotel and office net leased transactions. While licensed to conduct business in many states, Calkain has multiple office locations throughout the Mid-Atlantic, Southeast, Northeast and Midwest. Additional information about the firm and listings may be found at www.calkain.com.

Calkain Cos., and New York-based Chandan Economics are Partnering to Produce Research in the Net Lease Market

Net Lease Press Releases

Now two companies locally-based Calkain Cos., and New York-based Chandan Economics are partnering to produce research in the net lease space

There is no comparable body of research for the net lease space, however. Now two companies locally-based Calkain Cos., and New York-based Chandan Economics are partnering to produce research in the net lease space. The companies, headed by Jonathan Hipp and Sam Chandan, respectively, plan to launch a quarterly publication starting in the next 30 to 60 days. Initially, the publication, called Net Lease Economic Report, will be available for free to its clients. The goal will be to analyze the impact and relationship between tenant, developer and investor demand for net lease assets—as well as establish relationships with broader economic trends.

“This subset of commercial real estate has been growing for the past two years and attracting new investor interest,” Chandan tells GlobeSt.com. “There is a need for much more rigor behind the research and understanding of the investment.”

The last two years have indeed attracted new levels and types of investors, Hipp tells GlobeSt.com, primarily a combination of institutional and private market investor. 

“The net lease investment profile can be very appealing especially when there is a lack of predictability and enhanced risk around commercial real estate in general.” Net lease’s stability is one reason why it has been attracting growing levels of investment, Hipp adds.

“That flight to safety that happened after 2008 and 2009 and has continued to make the net lease an asset class highly sought after and highly attractive to investors.”

www.calkain.com