News: Retail
Posted: January 2, 2008
Calkain Realty Advisors handles $3.5 million lease of 14,000 s/f site
Calkain Realty Advisors represented Delaware based FHQ/HPC, LLC in its land purchase of a 1.15 acre parcel located on Main St. The property, formerly a Sears Automotive Facility, was razed and cleared to facilitate a new 14,000 s/f. Walgreens.
The $3.5 million ground lease transaction was a highly sought after investment in the national marketplace and was completed through the efforts of two Calkain professionals, Tom Geller and Patrick Nutt.
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Retail
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