Calkain Companies, Inc.

Calkain Companies
Industry Net lease, Commercial Real Estate, Financial Services
Founded 2005
Headquarters Reston, VA, USA
Number of locations
 Wilmington, DE
Tampa, FL
Fort Lauderdale, FL
Atlanta, GA
Boston, MA
Bethesda, MD
Saint Louis, MO
Charleston, SC
Reston, VA
Area served
 Nationwide
Key people
 Jonathan Hipp (CEO)
Services Brokerage, Asset Management, Private Equity, Advisory, Research
Website Calkain.com

Calkain Companies is a national, commercial real estate firm, focusing on triple net lease investments. Calkain provides brokerage,[1] consulting, and investment services for both private and institutional clientele.[2] Based in Reston, Virginia, Calkain Companies has expanded along the east coast, becoming the largest net lease brokerage and advisory firm in Florida.[3] [4]

History

After working in commercial real estate for over 20 years, Jonathan Hipp founded Calkain Companies in 2005. The fast pace of company transactions exceeded internal projections, where Calkain has averaged one transaction per week.[5][6] Later into 2009 Calkain added the Sale-Leaseback Program and into early 2010, Calkain added the Urban Retail Division.[7] During a press release in 2014, CEO Jon Hipp said:[8]

Calkain’s growth has come organically to this point as we have always had our colleagues approaching us based on our performance and reputation.

Calkain has continued to create more divisions to play a bigger role in the net lease industry and seeks to expand offices across the country.[9]

As of June 2014, Calkain sold a CVS branch for $27.4 million ($1,915 per-building-square-foot), making this the highest net lease sales price on record. Calkain held the previous record of selling a Starbucks worth $1,672 per-building-square-foot. [10]

Services

Calkain specializes in five main services:

Executives

See also

References

  1. ↑ Napoli, Michelle. "The Big Chill." The Real Estate Forum Apr. 2008: 56-63. Print.
  2. ↑ "Finance & Real Estate Directory." Calkain Companies. N.p., n.d. Web. 29 July 2014.<http://www.franchisetimes.com/Finance-Real-Estate-Directory/index.php/name/Calkain-Companies/listing/60875/>
  3. ↑ Silverman, Suzann D. "New Calkain Division Geared Toward Urban Growth | Commercial Property Executive." Commercial Property Executive | Advancing the Business of Commercial Real Estate. 1 Apr. 2010. Web. 24 June 2010. <http://www.cpexecutive.com/2010/04/01/new-calkain-division-geared-toward-urban-growth/>.
  4. ↑ Mattson-Teig, Beth. "Bundling Sale-Leaseback Sales." National Real Estate Investor 1 June 2007. Print.
  5. ↑ Duell, Jennifer D. "Sell to Rent." Fortune 4 Dec. 2007. Print.
  6. ↑ Shearin, Randall. "Triple-Net Leased Properties See Opportunity in 2009." Shopping Center Business (2009). Print.
  7. ↑ Silverman, Suzann D. "New Calkain Division Geared Toward Urban Growth | Commercial Property Executive." Commercial Property Executive | Advancing the Business of Commercial Real Estate. 1 Apr. 2010. Web. 24 June 2010. <http://www.cpexecutive.com/2010/04/01/new-calkain-division-geared-toward-urban-growth/>.
  8. ↑ "Calkain Companies Set to Expand in New Markets." National Commercial Real Estate News. N.p., n.d. Web. 29 July 2014.<http://www.costar.com/News/Article/Calkain-Companies-Set-to-Expand-in-New-Markets/157530>
  9. ↑ Bell, Stephanie. "Branching out." Commercial investment real estate Mar.-Apr. 2007: 22-24. Print.
  10. ↑ "Calkain Cos. Sells CVS Drugstore in a Record-breaking, Net-lease Deal." · Industries. Virginia Business, n.d. Web. 29 July 2014.

External links