Calkain Firms Brokers Liberty Station In Bealeton, VA
Transaction sets speed for ‘Fringe’ Metro DC marketplaces
Reston, VA – Calkain Firms, a national real estate investment brokerage agency, has procured the sale of a mixed use enhancement that involves two retail centers with more than 21,000 square ft of leased room, 3 undeveloped out-parcels and a kid care facility in Bealeton, VA. Tenants which includes Cingular Wireless, VA ABC, Youngsters of The united states and U.S. Parcel occupied the retail areas and signed extended phrase, triple internet leases. Positioned on the closely traveled Route seventeen corridor, Liberty Station is centrally located amongst Fredericksburg and Warrenton, Virginia and is just fifty minutes from Washington, DC.
Rick Fernandez, Calkain Realty Advisors’ Director of Business Development, the non-public market division of Calkain Firms, represented the developer/vendor in the transaction. “With our headquarters in the Washington Metro place, we intuitively realize the traits of the market and notice that the parts that were the moment viewed as ancillary to the location are now viewing a plethora of consideration from both of those builders and buyers,” explained Fernandez. Jonathan Hipp, Calkain’s President and CEO included, “The $6.nine million transaction proves that third party buyers are commencing to see the benefit of allocating their funds to ‘fringe’ marketplaces with the knowing that the Mid-Atlantic location, as a full, has intrinsic investment advantages.”
The transaction closed in January 2008 and is now recorded in the community file.
Calkain is a whole provider real estate brokerage agency with a national scope focusing on one and multi tenant retail, industrial, hotel and office internet leased transactions. Calkain has places of work in Reston, VA (Washington, DC), Tampa, FL, and McHenry, MD. Added information and facts about the agency and its listings may be discovered at www.calkain.com.
Media Speak to: Rick Fernandez | (703) 787-4732