Calkain Organizations Brokers Liberty Station In Bealeton, VA
Transaction sets tempo for ‘Fringe’ Metro DC markets
Reston, VA – Calkain Organizations, a nationwide genuine estate financial commitment brokerage organization, has procured the sale of a mixed use advancement that contains two retail facilities with around 21,000 sq. ft of leased place, a few undeveloped out-parcels and a boy or girl treatment facility in Bealeton, VA. Tenants which includes Cingular Wireless, VA ABC, Young children of The usa and U.S. Parcel occupied the retail spaces and signed extended term, triple net leases. Found on the seriously traveled Route 17 corridor, Liberty Station is centrally found concerning Fredericksburg and Warrenton, Virginia and is just fifty minutes from Washington, DC.
Rick Fernandez, Calkain Realty Advisors’ Director of Business Development, the private market division of Calkain Organizations, represented the developer/vendor in the transaction. “With our headquarters in the Washington Metro area, we intuitively recognize the developments of the market and notice that the locations that ended up as soon as regarded as ancillary to the region are now observing a plethora of awareness from the two builders and investors,” defined Fernandez. Jonathan Hipp, Calkain’s President and CEO extra, “The $six.9 million transaction proves that third bash investors are starting to see the advantage of allocating their resources to ‘fringe’ markets with the knowing that the Mid-Atlantic region, as a entire, has intrinsic financial commitment benefits.”
The transaction shut in January 2008 and is presently recorded in the community document.
Calkain is a entire support genuine estate brokerage organization with a nationwide scope concentrating on single and multi tenant retail, industrial, hotel and office environment net leased transactions. Calkain has workplaces in Reston, VA (Washington, DC), Tampa, FL, and McHenry, MD. Supplemental details about the organization and its listings may perhaps be found at www.calkain.com.
Media Call: Rick Fernandez | (703) 787-4732