RESTON, VA, and Shanghai—Calkain Companies recently facilitated the sale of a net leased hospice located in Winter Haven, FL. This transaction marks the first closing in Calkain's international partnership with Platinum Investment Corporation, headquartered in Shanghai, China.
This partnership was formed in the fall of 2012 and is committed to opening the net leased investment world to the Chinese investor looking to the United States for passive cash flow and property ownership. The property, an 8,000 SF medical site, had a 10 year lease with annual increases. Calkain's Asset Management Division was retained to manage the property for the foreign investor.
Associate Teal Henderson represented both sides in this transaction.
"This closing is the beginning of a historical relationship and new venture for Calkain,” Henderson said. “We are looking forward to a very successful and long term partnership with Platinum Investment Corporation. "
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.
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