TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights
  TCN Assignments

TCN Worldwide member firms, Barclay Street Real Estate and Levrose Commercial Real Estate completed a shopping center purchase for $7.2 million! Congratulations to David Wallach at Barclay Street Real Estate in Calgary, who initiated the assignment, and Jonathan Rosenberg and Keri Davies at Levrose Commercial in Pheonix on the completion of this transaction!


  CRE Industry News, Top Stories

Cryptocurrency could be 'innovative tool' for Calgary office vacancy problem, says landlord

CBCnews: Calgary real estate brokerage, Barclay Street Real Estate/TCN Worldwide is offering what it says will be the first office rental in Alberta to accept lease payments in cryptocurrencies. Commercial real estate company Barclay Street is working with the owners of Real Equity Centre, an office building at 1716 16th Ave. N.W. in Calgary.

Is The U.S. Over-Retailed?

REIS: When and where will we see the impact from the store closures?

Net Lease Research 2018, Part 1: Investors Continue to Expect Stability

National Real Estate Investor: Respondents estimate current cap rates for net lease properties to be at about 6.1 percent.


  TCN News, Deal Announcements & Member Highlights

TCN Member Spotlight: Sitar Realty Company/TCN Worldwide in New Jersey

TCN Update: Ranking as the number one TCN Worldwide deal for this past quarter, Bill Sitar Jr., Principal at Sitar Realty Company and Treasurer of the TCN Worldwide Board of Directors, recently represented Prime Group Acquisitions, LLC in the purchase of 6,272 self-storage units across 14 locations in the Northeast. Based in Iselin, New Jersey, Sitar Realty Company/TCN Worldwide is the largest remaining privately owned commercial real estate firm in New Jersey.

First Office Building in Calgary to Accept Bitcoin for Rent Payment

Member Press Release: Barclay Street Real Estate/TCN Worldwide brings what is believed to be the first office rental opportunity to the market in Alberta for those who wish to pay rent using Bitcoin.

Bradford Allen/TCN Worldwide in Chicago Adds 2 New Leasing Assignments

Member Deal Announcement: Daniel Fernitz, Executive Managing Director of Agency Services, is pleased to announce that Bradford Allen/TCN Worldwide has been appointed the exclusive leasing agent for two properties, one in Northbrook and one in Park Ridge.

Long & Foster Commercial Division/TCN Worldwide Represented Buyer in Purchase of Three Dollar General Stores

Member Deal Announcement: Long & Foster Real Estate announced today that Arthur Nachman, CCIM, of the Long & Foster Commercial Division in Tysons, Virginia, recently closed a $5.6 million transaction in Atlanta, Georgia, and Eufaula, Alabama.

Unique Properties/TCN Worldwide announces the sale of three properties in Englewood for $2.54M

Member Deal Announcement: 4411 Santa Fe Properties LLC purchased 4401 and 4411 Santa Fe Drive and 1800 W. Radcliff Ave. in Englewood for $2.54 million from Investment Property Exchange Services Inc. Brad Gilpin represented both buyer and seller.

Follow TCN Worldwide on LinkedIn, Facebook & Twitter!