Net Lease Medical Office Building Sold by Calkain Companies
Tampa, FL — Calkain Companies, a national real estate investment brokerage firm, has procured the sale of the Affordable Dental building in Greenville, SC.
David Sobelman, Executive Vice President of Calkain Companies, represented the seller, a private investor, in the transaction. The site was purchased by M & T Enterprises, Inc. Sobelman commented, "Superior assets are in the forefront of investor's minds. High quality, net lease real estate with a strong tenant in place attracted multiple offers for this asset." The buyer was a local entity completing a 1031 tax deferred exchange.
The $1,100,000 transaction equated to $250.00 per square foot which speaks volumes to the quality of the location and the tenant's credit-worthiness. The asset is part of a portfolio of Affordable Dental tenanted buildings in South Carolina, Texas and Illinois.
Calkain Companies, Inc. is a national, commercial real estate firm, focusing on net lease investments, that provides brokerage and consulting services for both private and institutional clientele. The Company is comprised of four distinct divisions, Calkain Realty Advisors, Calkain Institutional Advisors, Calkain Opportunity Services and Calkain Site Services. We have utilized an extended network of solid relationships to successfully complete nearly $3 billion in sales and have consistently ranked as one of the Top National Net Lease Investment Brokerage Firms. Core values such as integrity, honesty and innovation have helped secure our position as a leader within the net lease industry.
Calkain has developed a culture that is very much evident, helping to attract and retain the best employees and clients. The general commitment to its clients has made Calkain the industry benchmark for service in the net lease industry. By promoting public service and philanthropy to its employees, Calkain demonstrates its commitment to communities and the issues that surround them.
In December 2008, through the urging of many of its net lease clients, Calkain initiated Calkain Opportunity Services. Assisting net lease properties owners in challenging situations.
David Sobelman, Executive Vice President of Calkain Companies, represented the seller, a private investor, in the transaction. The site was purchased by M & T Enterprises, Inc. Sobelman commented, "Superior assets are in the forefront of investor's minds. High quality, net lease real estate with a strong tenant in place attracted multiple offers for this asset." The buyer was a local entity completing a 1031 tax deferred exchange.
The $1,100,000 transaction equated to $250.00 per square foot which speaks volumes to the quality of the location and the tenant's credit-worthiness. The asset is part of a portfolio of Affordable Dental tenanted buildings in South Carolina, Texas and Illinois.
Calkain Companies, Inc. is a national, commercial real estate firm, focusing on net lease investments, that provides brokerage and consulting services for both private and institutional clientele. The Company is comprised of four distinct divisions, Calkain Realty Advisors, Calkain Institutional Advisors, Calkain Opportunity Services and Calkain Site Services. We have utilized an extended network of solid relationships to successfully complete nearly $3 billion in sales and have consistently ranked as one of the Top National Net Lease Investment Brokerage Firms. Core values such as integrity, honesty and innovation have helped secure our position as a leader within the net lease industry.
Calkain has developed a culture that is very much evident, helping to attract and retain the best employees and clients. The general commitment to its clients has made Calkain the industry benchmark for service in the net lease industry. By promoting public service and philanthropy to its employees, Calkain demonstrates its commitment to communities and the issues that surround them.
In December 2008, through the urging of many of its net lease clients, Calkain initiated Calkain Opportunity Services. Assisting net lease properties owners in challenging situations.
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