Calkain Companies Brokers $8.2MM DC-Area NNN Lease Investment Sale
Reston, VA, —Calkain Companies’, a national real estate investment brokerage firm, has procured the sale of two triple net (NNN) lease investment properties in Fulton, MD. The SunTrust Bank and M&T Bank Ground Leases in Maple Lawn (Fulton), MD were sold to private investors seeking passive and long-term investments. Closing price of the sale was $8.2MM. Rick Fernandez, Assistant Vice President and Jeff Bogart, Tax Strategy Specialist, both of Calkain Realty Advisors, the private market division of Calkain Companies, led the marketing and sale of the transactions. Fernandez Read more