|David Sobelman, Calkain Executive Vice President, Attends International Property Expo in Beijing|
|America’s Net Lease Company, Calkain Companies, has signed an exclusive partnership agreement with China-based Platinum Investment Corporation. A first-of-its-kind, the partnership, was formed to streamline the process of presenting US triple net lease assets to Chinese nationals and corporations strictly interested in purchasing this property type. Calkain felt that outreach efforts and partnerships with like-minded firms outside of the United States would ultimately bring more attention to the properties it currently markets for sale as well as assets held by other sellers. This is the second exclusive agreement that Calkain has signed to represent foreign investors. The first, a confidential partnership, is with a Miami, FL-based brokerage firm whose business efforts are centered in South America. Calkain has a long history of working with international investors and has completed transactions with buyers from outside the US. Since inception, Calkain has gained expert knowledge on how to procure and process transactions involving net lease assets with foreign owners.
David Sobelman, Calkain’s Executive Vice President, solidified the new Chinese partnership with a recent trip to Beijing where he attended the 2012 International Property Expo in the China World Trade Center. The expo is the premier event for developers and service providers to have face-to-face meetings to discuss properties and is geared mainly toward investors in China who would like to purchase real estate. Calkain and Platinum Investment Corporation were the only firms focused on net lease investments that attended the entire four day conference. Ultimately net lease investing became a point of interest for both potential investors and the Chinese media with Calkain’s presence. Since there is no equivalent for a triple net leased investment in China, investors were mostly interested in how they can own US real estate occupied by companies that already have a large presence in China or are well known internationally. Also, Sobelman spoke during a press conference at the expo to explain the property type to the media which garnered an exclusive interview with CCTV, China’s largest television station.
Sobelman commented, “Calkain has always made a concerted effort to go beyond customary brokerage practices in order to service our clients. With the partnerships Calkain has entered into, it is clear that our firm is committed to finding the best buyer for a particular asset no matter where they reside in the world.”
Calkain Companies is a boutique commercial real estate brokerage firm which specializes in assisting buyers and sellers with single and multi-tenant retail, industrial, hotel and office net leased transactions. While licensed to conduct business in many states, Calkain has multiple office locations throughout the Mid-Atlantic, Southeast, Northeast and Midwest. Additional information about the firm and listings may be found at www.calkain.com.