TCN netWORKING:  TCN Worldwide Deals, Industry News and Highlights

Congratulations to Levrose Commercial Real Estate/TCN Worldwide in Phoenix and Barclay Street Real Estate/TCN Worldwide in Calgary on this recently completed transaction.

Triumph Real Estate Investment Fund, a Canadian Investment Fund associated with TCN member firm Barclay Street Real Estate, has sold a Metro Phoenix shopping center, Triumph Bell West Ranch for $5,182,000. Click to view the press release.

Triumph Bell West Ranch, a 20,225 square foot shopping center at 16846 W. Bell Road in Surprise, AZ, was purchased in 2016 for $3,985,000. The property, which was 93.2% leased at the time of the sale, included several outstanding tenants, including Pizza Hut, Orange Theory, Musical Surprise and Mule Creek Saloon.

David Wallach of Barclay Street Real Estate/TCN Worldwide in Calgary worked with Jon Rosenberg and his team at Levrose Commercial Real Estate/TCN Worldwide in Phoenix on the acquisition, leasing of vacancy, and disposition of this property. 

What Property Managers Should Focus On in 2020

National Real Estate Investor: CRE insiders expect a pretty stable year. But some new trends are shaping in the market.

Another Strong Year for CRE in 2020

Commercial Property Executive: In a national survey from RCLCO, senior professionals weigh in on the industry’s prospects this year, the timing of a possible downturn and more.

Competition Remains Fierce in the Data Center Space

National Real Estate Investor: Prices are rising for data center properties–but even the most experienced operators are subject to the risk that the technology behind data centers could change quickly.

TCN Worldwide Announces CREXi as a 2020 Gold Sponsor—TCN affiliates get 25% off of PRO!

TCN Update: We are proud to announce CREXi as a strategic partner and a gold sponsor to this year’s TCN Worldwide conference program. The CREXi platform combines an active sales and leasing marketplace, with marketing, analytics, and deal management tools designed to help brokers, buyers and tenants eliminate time-consuming processes, find properties, and close deals faster.

Norris & Stevens/TCN Worldwide Brokers $5.3m Sale of Tri-Dev Industrial Park In Portland, Oregon

Member Deal Announcement: PIR Whitaker Way, LLC recently completed the $5,300,000 purchase of an approximately 72,000 square foot, four building industrial park located at 12683-12735 NE Whitaker Way in Portland. Greg Nesting and Gabe Schnitzer with Portland-based Norris & Stevens, Inc. represented the Buyer, PIR Whitaker Way, LLC, and the Seller, Tri-Dev LLC, in the transaction.

Price Edwards & Company/TCN Worldwide in Oklahoma City Recently Completed Two Leases Totaling 24,995 SF at The Harvey Parkway Building

Member Deal Announcement: Houston based Contango Oil and Gas leased 16,546 square feet of office space on the 3rd floor and Intensity Midstream has leased 8,449 square feet of office space on the 2nd floor of The Harvey Parkway building located at 301 NW 63rd, Oklahoma City.

Pacific Coast Commercial/TCN Worldwide in San Diego is pleased to announce Pacific Beach Building Sold for $2M

Member Deal Announcement: Pacific Coast Commercial is pleased to announce a 5 unit street retail building located at 5005-5019 Cass Street has sold for $2,000,000. Lesha Montoya and Jim Taylor of Pacific Coast Commercial represented both the Buyer, Dan Floit and Seller, Hewitt LCC in the transaction.