TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights
  TCN Assignments

Chuck Heller and Barb Murdocca at Landmark Commercial Realty/TCN Worldwide in Harrisburg referred an industrial acquisition assignment to William Sitar Jr. at Sitar Realty Company/TCN Worldwide in New Jersey.

Richard Bowers, at Richard Bowers & Co./TCN Worldwide, has referred a 100,000 SF industrial/warehouse acquisition or lease assignment to a prospective member in the Miami marketplace. For more information please contact Ross Ford.


  CRE Industry News, Top Stories

Despite Fears of Overbuilding, Lenders Remain Willing to Fund Multifamily Development

National Real Estate Investor: Apartment developers are paying more interest on their construction loans—but that isn’t keeping developers from planning and financing new projects.

Close-up on the Industrial Market

Commercial Property Executive: In a video interview, Ten-X’s Peter Muoio discusses the sector's challenges and opportunities and sheds light on what's driving demand in California.

Google to Take Over Los Angeles Mall, Replacing Macy's, Nordstrom

National Real Estate Investor: Macy’s and Nordstrom moved out; Google Inc. is moving in. The tech giant has leased the entirety of One Westside, a redevelopment project at the Westside Pavilion in West Los Angeles that is turning the shopping mall into a 584,000-square-foot creative office campus.
  TCN News, Deal Announcements & Member Highlights

Unique Properties is Pleased to Announce The Sale of The Forum, 14001 E Iliff Avenue Aurora, CO for $14,250,000

Member Deal Announcement: Unique Properties and the Lippitt/Shwayder Team is pleased to announce the sale of The Forum, 14001 E Iliff Avenue Aurora, CO 80014. The 174,622 SF office building was one of the few remaining “value-add” opportunities left in the Denver Metropolitan area.

Guggenheim Group/TCN Worldwide in San Jose Represented PS Capital LLC in The Purchase of 19,488 SF for $6,580,000

Member Deal Announcement: Al Guggenheim and Eric Jong at Guggenheim Group/TCN Worldwide represented the buyer, PS Capital, in the purchase of 19,488 SF of office space located at 940 Saratoga Ave in San Jose for $6,580,000

Moody Rambin/TCN Worldwide in Houston Closes Two Deals in West Loop

Member Deal Announcement: Live Nation Worldwide, Inc. leased 9,199 square feet, and LifeEnergy, LLC leased 7,430 square feet at the 2000 West Loop South building, located at 2000 West Loop South, Houston, Texas. Bob Cromwell, Kevin Nolan and Spencer Starkey of Moody Rambin represented the building owner Shorenstein Properties, LLC during both transactions.

Long Island Retail Vacancy Rise has Shopping Centers Looking for New, Diverse Tenants—Featuring Kenneth R. Schuckman, president of Schuckman Realty/TCN Worldwide in Lake Success

Member News Article: Rising vacancy rates that push rents down are providing opportunities for retailers that had trouble breaking into business on Long Island in the past, said Kenneth R. Schuckman, president of Schuckman Realty Inc. in Lake Success.

Follow TCN Worldwide on LinkedIn, Facebook & Twitter!