TCN netWORKING: TCN Worldwide Deals, Industry News and Weekly Highlights - Winner Announcement: TCN Worldwide Giveaway

TCN Worldwide Deals, Industry News and Highlights

TCN netWORKING

Winner Announcement: TCN Worldwide Giveaway

We are thrilled to announce the winner of our recent TCN Worldwide Giveaway on Instagram! Congratulations to Arthur Minassian from Beitler Commercial Realty Services for being randomly selected as the winner of the $100 gift card.

We want to extend our sincere thanks to everyone who participated in this giveaway. Your support and participation are greatly appreciated. If you haven't already, follow TCN Worldwide on Instagram and stay tuned for more exciting events and opportunities!

CRE Industry News, Top Stories

CoStar To Acquire Proptech Company Matterport In $1.6B Deal

CoStar Group Inc. plans to acquire Matterport, an early developer of 3D capture technology to produce photorealistic virtual tours or “digital twins” for properties.

Kroger, Albertsons Add 166 Stores to Merger Divestiture Package

The Kroger Co. and Albertsons Companies Inc. said Monday they have added 166 stores to the assets they will sell to C&S Wholesale Grocers, LLC in connection with their $25-billion proposed merger.

Chicago Bears’ New Stadium Plans Revealed

The Chicago Bears gave a first look at what the team is planning to build along the city’s lakefront. During a public presentation at Soldier Field, the Bears unveiled plans to build a state-of-the-art fixed-roof stadium. The team released renderings of the new, covered stadium that showed plans for both inside and outside. The Bears have pledged more than $2 billion to the project.

TCN News, Deal Announcements & Member Highlights

Ian Luscombe with Chicago Real Estate Resources/TCN Worldwide Recently Completed The Sale of a Notable Building Located at 1926 N. Humboldt Boulevard, Chicago, IL for $2,150,000

CRER recently completed the sale of a notable building located at 1926 N. Humboldt Boulevard, Chicago, IL for $2,150,000. This transaction, facilitated by Senior Director Ian Luscombe, stands out for being directly on the Boulevard, a prime location. Ian represented both the buyer and seller, leveraging his market insight to ensure a smooth process.

Norris & Stevens/TCN Worldwide in Portland Brokers $1.95M Investment Sale of Freestanding Restaurant In Coos Bay, Oregon

AlpHubbard, LLC recently completed the $1,950,000 purchase of a Burger King drive-thru located at 2021 Newmark Ave in Coos Bay, Oregon. Todd VanDomelen and Mike Brown with Portland-based Norris & Stevens, Inc. represented the Buyer. The Norris & Stevens’ brokers negotiated with the Buyer on selling a property and conducting a 1031 exchange involving the purchase of this property.

Starboard CRE/TCN Worldwide in San Francisco Announces 24 Transactions Closed, 7 New Listings, Plus Exclusive Content from Hans Hansson, President/Broker of Record

Starboard CRE successfully closed 24 significant transactions in March, marking a highly productive month. Furthermore, the firm introduced seven new listings featured in this month's newsletter, along with valuable insights from Hans Hansson in his latest interviews and compelling blog entries!

Forte Real Estate Partners/TCN Worldwide: "Plan For Your Building’s Next Disaster – it’s Coming Whether You Are Ready or Not"

Any experienced property manager is no stranger to calculated risk management and disaster planning for the assets under their care. After a global pandemic and civil unrest followed by continued climate change, property managers can add substantial value to property owners by implementing new technology, digging into data, leveraging contractors, and creating plans to minimize the risk and cost of any future disaster. [By Amy Melchior, Executive Vice President Property Management, Forte Real Estate Partners/TCN Worldwide]

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