Calkain Companies
 | |
| Company type | Privately held company |
|---|---|
| Industry | Net lease, Commercial Real Estate, Financial Services |
| Founded | 2005 |
| Founder | |
| Headquarters | , United States |
Number of locations | Tampa, FL Fort Lauderdale, FL Atlanta, GA Boston, MA |
Area served | United States - Nationwide |
Key people | Jonathan Hipp (President & CEO) David Sobelman (Executive Vice President & Managing Partner) Patrick Nutt (Managing Partner) |
| 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 Herndon, 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 and in 2009, Calkain added the Sale-Leaseback Program followed by an Urban Retail Division in 2010.[7] In a press release in 2014, CEO Jon Hipp said:[5]
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.[6]
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.[7]
Calkain has continued to be in the news for transacting sales that push market prices, furthering their reputation as a firm who puts their clients first and consistently maximizes value for their clients.
Services
Calkain specializes in five main services:
- Brokerage - Finds single and multi-tenant, net lease investment properties.
- Advisory - Advises clients on the acquisition and disposition process, tax strategies, and financing.
- Asset Management - Integrates net lease investments into client portfolios.
- Capital Markets - Assists clients raise capital and debt.
- Research - Analyzes current trends in the net lease industry.
Executives
- Jonathan Hipp, President & CEO
- David Sobelman, Executive Vice President & Managing Partner
- Patrick Nutt, Managing Partner
See also
References
- ^ Napoli, Michelle. "The Big Chill." The Real Estate Forum Apr. 2008: 56-63. Print.
- ^ "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/>
- ^ 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/>.
- ^ Mattson-Teig, Beth. "Bundling Sale-Leaseback Sales." National Real Estate Investor 1 June 2007. Print.
- ^ "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>
- ^ Bell, Stephanie. "Branching out." Commercial investment real estate Mar.-Apr. 2007: 22-24. Print.
- ^ "Calkain Cos. Sells CVS Drugstore in a Record-breaking, Net-lease Deal." · Industries. Virginia Business, n.d. Web. 29 July 2014.