TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights

TCN netWORKING

TCN Assignments

TCN Worldwide member firms, Unique Properties, Inc. and Levrose Commercial Real Estate completed an office/warehouse purchase for $1.3 million!

Congratulations to Bradley Gilpin at Unique Properties in Denver, who initiated the assignment, and Aaron Norwood at Levrose Commercial in Phoenix on the completion of this transaction!

Thomas Ferguson at Premier Commercial Real Estate Services/TCN Worldwide in Indianapolis has referred a tenant rep assignment to Jane Woolley of Starboard Commercial Real Estate/TCN Worldwide in San Francisco.

CRE Industry News, Top Stories

What do Big Investors Think of CRE?

Connect CRE: The top 50 investors in global commercial property collectively added $31.1 billion to their portfolios in 2017, according to research by Real Capital Analytics (RCA).

Amazon Will Buy Target This Year, Gene Munster Predicts

National Real Estate Investor: The Internet giant will acquire Target Corp., Loup Venture co-founder Gene Munster wrote in a report highlighting eight predictions for the technology industry in 2018.

Mattress Firm to Close 200 Stores Over Next 18 Months

Shopping Center Business: Mattress Firm has announced plans to close 200 underperforming stores over the next 18 months. The retailer currently operates approximately 3,400 stores across the United States.

TCN News, Deal Announcements & Member Highlights

Did you miss last week's Taking Care of Business: Looking Forward to 2018 w/ TCN’s Ross Ford & Jonathan Rosenberg? The recording is available on the TCN site.

TCN Update: Taking Care of Business, Looking Forward to 2018 - What should be expected from 2018? Where do they think the future of entrepreneurship lies?

Price Edwards & Company/TCN Worldwide was named Management Company of the Year at the 2017 Nova Awards! Congratulations!

Member Press Release: “'Management Company of the Year' tells a story of an incredible group of people who have successfully come together with a single goal in mind: to manage and represent our property owners and their plans for the community, using each team member’s skills, experience, and education to bring those plans to fruition," says Becky Sesock, Senior Vice President of Price Edwards & Company's Multifamily Division

Long & Foster Commercial Division/TCN Worldwide Represented the Buyer in the Purchase of a $10.2 Million Multi-Family Property in Richmond, Virginia.

Member Deal Announcement: Arthur Nachman, CCIM, of the Long & Foster Commercial Division in Vienna, Virginia, represented a private equity buyer in the purchase of the 66-unit Argon apartment building.

LS Commercial/TCN Worldwide in Kansas City represented the ownership of Midwest Commerce Center for a build-to-suit / long-term lease with Excelligence Learning Corporation.

Member Deal Announcement: The building will be 646,400 SF at completion; delivery of the state of the art distribution center will be Dec of 2018.

Mericle Commercial/TCN Worldwide: Cintas Expands in CenterPoint; Announces Plans for New Jobs.

Member Deal Announcement: Due to the expansion, Cintas has relocated its offices to a flex building developed by Mericle Commercial Real Estate Services/TCN Worldwide located at 339 Enterprise Way in Pittston Township. Mericle Vice President Bill Jones coordinated the real estate transaction.

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