TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights

TCN netWORKING

TCN Assignments

Scott A. Morse at Citadel Partners/TCN Worldwide in Dallas completed an office relocation assignment with Anthony Delguyd at Hanna Commercial Real Estate/TCN Worldwide in Cleveland to secure the client 7,602 SF in the Dallas market.

Ben Azulay at Bradford Allen Realty Services/TCN Worldwide in Chicago referred a tenant rep. assignment to Donnie Miller of Richard Bowers & Co./TCN Worldwide in Atlanta.

CRE Industry News, Top Stories

These Institutional Investors Have $1 Billion and More in CRE Allocations. Who Are They?

National Real Estate Investor: Who are these investors with an outsized appetite for real estate? London-based research firm Preqin breaks down their profiles.

Multifamily Rents Reach New Heights in July

Commercial Property Executive: Year-over-year, rents have risen by 2.8 percent and reached an all-time high of $1,409. For the top 30 metros, Orlando once again came out ahead with the highest rental increase of 6.9 percent.

The Next Step in Logistics: The Floating Warehouse -- Amazon Receives Patent

Connect CRE: The e-commerce giant, Amazon, has received a patent to combine drone deliveries with product-distribution warehouses that float in the sky.

TCN News, Deal Announcements & Member Highlights

Commercial Focus, Q2 2018: Top Ten TCN Worldwide Member Deals

TCN Update: Did you miss last week's Commercial Focus newsletter? Check out these top TCN member deals!

Publishing Firm Signs 19,363 SF Office Lease Renewal in Houston. Moody Rambin/TCN Worldwide represented the landlord, Koswood Investments NV

Member Deal Announcement: Tulsa-based publishing firm PennWell Corp. has signed a 19,363-square-foot office lease renewal at 1455 West Loop S. in Houston. Bob Cromwell and Kevin Nolan of Moody Rambin represented the landlord, Koswood Investments NV, in the lease negotiations.

National Debt Relief is taking an additional 30K SF at MHP Real Estate Services/TCN Worldwide and Clarion Partners’ 180 Maiden Lane

Member Deal Announcement: National Debt Relief is taking an additional 30K SF at MHP Real Estate Services and Clarion Partners’ 180 Maiden Lane. The space is on the 28th floor and adds to the 95K SF it had already taken in the area. The lease is for 13 years, and asking rents are in the high $60s. MHP’s in-house team led by Jesse Rubens, along with a C&W team led by Tara Stacom brokered the deal for the landlord.

Schuckman Realty/TCN Worldwide in Long Island has facilitated the sale of 519 & 521 W. Jericho Turnpike for $2.5M

Member Deal Announcement: Schuckman Realty has facilitated the sale of 519 & 521 W. Jericho Turnpike. The sale price was $2.51 million. Ari Malul and Matthew Colantonio of Schuckman Realty represented both the buyer, 519 Property Management Group, who purchased the two adjacent properties at the Northwest corner of W. Jericho Turnpike and Meadow Road, and the seller, 519 W. Jericho Associates.

Unique Properties/TCN Worldwide in Denver represented Motion & Flow Control Products Inc in 7,523 SF Industrial Lease

Member Deal Announcement: Motion & Flow Control Products Inc leased 7,523 industrial square feet at 1772 Prairie Way in Louisville. Phil Yeddis represented the tenant.

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