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Calkain Realty Advisors, Inc. Sets Fast Pace in First Quarter of Operations; Averages Nearly One Transaction Per Week Since Opening.


RESTON Reston, uninc. city (1990 pop. 48,556), Fairfax co., N Va., a planned community established in 1961. A suburb of Washington, D.C., Reston is organized in a series of residential villages and commercial areas. , Va. -- Calkain Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Advisors, Inc., a newly formed, national real estate brokerage BROKERAGE, contracts. The trade or occupation of a broker; the commissions paid to a broker for his services.  firm focused on single tenant, net lease real estate transactions, announced today that it averaged approximately one transaction closing per week since it opened mid-way through the 2005 first quarter. The fast pace exceeded the new company's internal projections.

"The transactions we completed in the first quarter included retail, restaurant, and industrial, our core strengths," said Jonathan Jonathan (jŏn`əthən) [short for Jehonathan, Heb.,=Yahweh has given].

1 In the Bible, Saul's son and David's friend, both killed at the battle of Mt. Gilboa. David showed kindness to his son Mephibosheth.
 Hipp HIPP Help Increase the Peace Program
HIPP Hifn Intelligent Packet Processing (Hifn, Inc.)
HIPP Highlands & Islands Partnership Programme
HIPP High Impact Polypropylene
HIPP Handbook of Institutional Pharmacy Practice
, President. "We were particularly gratified grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
 with the geographic diversity of our transactions, which included both conventional and 1031 exchange buyers. Our initial transactions reflect our reach and specialties."
Key transactions in the first quarter included:

    --  Advance Auto Portfolio               VA and MD

    --  Children of America Center           Fredericksburg, VA

    --  IHOP                                 Warrenton, VA

    --  Staples Superstore                   Russellville, AR

    --  TruGreen ChemLawn Industrial Center  Sterling, VA

    --  Wachovia Bank Center                 Mount Airy, NC


"The pace of listing and sales is accelerating as we get settled into our new office," Hipp pointed out. He noted that although interest rates edged up in the first quarter, it had no apparent impact on buyer activity. "It is still a seller's market, but there are solid values available with attractive returns for buyers. We do not see any weak markets or segments at this time; buyer interest is high across the board."

Hipp said that in an effort to ensure enhanced client service, the company will expand its staffing. Most recently, Calkain reinforced this commitment to customer satisfaction by hiring a research analyst, to add more depth in identifying trends and local market issues. "We continue to explore opportunities to open additional offices to geographically diversify diversify

To acquire a variety of assets that do not tend to change in value at the same time. To diversify a securities portfolio is to purchase different types of securities in different companies in unrelated industries.
, but we are under no pressure to expand for the sake of expansion. We remain on target to become one of the nation's leading net lease real estate organizations in our first year of operation."

Founded in 2005, Calkain Realty Advisors is a privately held commercial real estate firm, specializing in net lease transactions. Additional information about the firm and its listings may be found at www.calkain.com
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 18, 2005
Words:335
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