Type Privately held company | ||
Industry Net lease, Commercial Real Estate, Financial Services Founder Jonathan HippDavid Sobelman Number of locations Tampa, FLFort Lauderdale, FLAtlanta, GABoston, 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 Headquarters Reston, Virginia, United States Founded 2005, Reston, Virginia, United States Profiles | ||
Calkain Companies is a national, commercial real estate firm, focusing on triple net lease investments. Calkain provides brokerage, consulting, and investment services for both private and institutional clientele. Based in Herndon, Virginia, Calkain Companies has expanded along the east coast, becoming the largest net lease brokerage and advisory firm in Florida.
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History
After working in commercial real estate for over 20 years, Jonathan Hipp founded Calkain Companies in 2005. The 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:
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.
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.
Services
Calkain specializes in five main services: