TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

Congratulations! Starboard Commercial/TCN Worldwide in San Francisco has completed an assignment with Chase-Johnson Commercial/TCN Worldwide in Reno.

Hans Hansson of Starboard Commercial/TCN Worldwide in San Francisco initiated the multi-family investment sales assignment and worked with Ryan Johnson, CCIM at Chase-Johnson Commercial/TCN Worldwide in Reno to complete this transaction.
 

Ben Azulay at Bradford Allen Realty Services/TCN Worldwide in Chicago has referred a 5,000 SF tenant representation assignment to Martin Alfaro at Pacific Coast Commercial/TCN Worldwide in San Diego.
 

The DST Industry's Growth is Fueled by 1031 Investors

Wealth Management Real Estate: As a form of fractional investment, DSTs have become popular among accredited investors as a replacement property to complete exchange transactions.

WeWork Lost $3.2B in 2020, Looking to Raise $1B via SPAC

Commercial Observer: Coworking giant WeWork lost $3.2 billion last year — a slight improvement from 2019 — and is trying to raise $1 billion through a blank-check company, the Financial Times reported.

Planned Store Openings Are Outpacing Closures This Year — Here Are the Retailers Debuting New Locations

Footwear News: Following a year of record store closures amid the coronavirus pandemic, some retailers are now hatching big plans to expand their brick-and-mortar footprints in the United States.

Norris & Stevens, Inc./TCN Worldwide Brokers $2.3M Sale of Freestanding Industrial Space in Portland, OR

Member Deal Announcement: White/Hart Properties, LLC recently completed the $2,300,000 purchase of Rivergate Freestanding Industrial, an approximately 14,655 square foot industrial building located at 5921 N Marine Drive in Portland, Oregon. Greg Nesting and Gabe Schnitzer with Portland-based Norris & Stevens, Inc. represented the Buyer as well as the Seller, NW Catalytic Converters LLC, in the transaction.

Signature Associates/TCN Worldwide in Detroit Announced the Completion of Several Recent Office/Medical Transactions

Member Deal Announcement: Signature Associates announced the completion of several recent Office/Medical transactions consisting of over 300,000 square feet including the sale of 17515 W Nine Mile Rd. in Southfield, MI at 139,259 square feet.

LevRose Commercial Real Estate/TCN Worldwide in Phoenix has Released Its Top 5 Completed Transactions for February of 2021

Member Deal Announcement: Congratulations to Zak Kottler, Joe Cosgrove, Hunter Chasse, Aaron Cook, Keri Davies, Jason Reddington, Jon Rosenberg, Greg Vanlerberghe, and Michael Feldman of LevRose/TCN Worldwide on the completion of this impressive list of transactions.

Whitebox Real Estate/TCN Worldwide in Dallas Helped Broker The Sale of 1046 Texan Trail in Grapevine, TX.

Member Deal Announcement: The 10,202 SF single-occupancy office building, located in the Grapevine Station Building Park, sits just minutes from four major highways and DFW Airport. Sean Smith of Whitebox Real Estate & Jeff Puffer with Delphi Business Properties represented the buyer on the transaction. Matthew Otte of Whitebox Real Estate represented the Seller, Texan Trail Holdings LLC.