TCN netWORKING:  TCN Worldwide Deals, Industry News and Highlights

Congratulations! Signature Associates and ROI Commercial Property Brokerage, Inc. worked together to complete a 2,000+ SF lease renewal. John Hamburger of Signature Associates/TCN Worldwide in Detroit initiated the assignment and worked with Eric Odum at ROI Commercial Property Brokerage/TCN Worldwide in Tampa to complete this transaction.
 

Anthony Delguyd at Hanna Commercial/TCN Worldwide in Cleveland has referred an industrial tenant representation assignment to Jon Mook at Barclay Street Real Estate/TCN Worldwide in Calgary.
 

SIOR Sentiment Survey Reveals a Gradually Improving Commercial Real Estate Market

Commercial Property Executive: When you talk to the nation’s best brokers, you hear a decidedly upbeat tone regarding the state of North America’s office and industrial sectors.

Class A Apartments in Top Markets Are Leading the Rise in Concessions

GlobeSt.com: Apartment concessions are increasing in the nation’s most expensive markets. The coronavirus pandemic has undoubtedly put pressure on the apartment market, and many metros are seeing an increase in concessions as a result.

Why COVID-19 is Driving CRE’s Digital Transformation

National Real Estate Investor: Limited partners are demanding more detailed data and insights into investment performance, rent collections, leverage and other key information.
 

Unique Properties/TCN Worldwide in Denver Represents SCR Parker Road LLC in the Purchase of 10530 S. Parker Road for $1.3 million.

Member Deal Announcement: SCR Parker Road LLC purchased 10530 S. Parker Road in Parker for $1.3 million. Brett MacDougall and Michael DeSantis represented the buyer.

Signature Associates/TCN Worldwide in Detroit Completes the Sale of 8,180 Square Feet on 1.14 Acres on Grand River Avenue in Novi, Michigan

Member Deal Announcement: Motor City Floors and Coatings purchased the property to serve as the company’s new headquarters. The company, specializing in innovative concrete coatings for residential, commercial, or industrial uses, is moving from Commerce Township. Jim Montgomery of Signature Associates represented the seller in the transaction.

Starboard Commercial Real Estate/TCN Worldwide Announces Sale of 893 Folsom Street in San Francisco

Member Deal Announcement: This centrally located property offers more than 12,293 total square feet and quick and convenient access to both Caltrain and BART, as well as several popular restaurants, bars, and specialty cafes. The property also includes an additional 8,500 square foot lot, allowing for future development including housing, office space, hotel lodging, or mixed-use.

Norris & Stevens, Inc. Announces the Appointment of New Chairman, David Keys, CPM®, CCIM®

Member Announcement: TCN Worldwide member firm Norris & Stevens, Inc., one of the largest locally-owned, full-service commercial real estate firms in Oregon and SW Washington, announced that it has appointed David T. Keys, CPM®, CCIM® as Chairman of its Board of Directors.