|TCN Worldwide Deals, Industry News and Highlights|
| TCN netWORKING|
| TCN Webinar|
TCN Worldwide Webinar: The Economic Outlook for Commercial Real Estate Investments with Dr. Mark Dotzour
Check out the recording from last week's TCN Worldwide webinar with Dr. Mark Dotzour, a frequent participant at TCN conferences and one of the truly ‘entertaining economists’ who joined us to provide an economic update and forecast for TCN members as well as their clients, prospects, friends, and family. We're delighted to share it here.
| CRE Industry News, Top Stories|
Midwest Commercial Hall of Fame: Signature Associates/TCN Worldwide’s Kenneth Marciniak
Midwest Real Estate News: Each year, Midwest Real Estate News inducts a new class into its Midwest Commercial Real Estate Hall of Fame. Today, we look at the busy career of TCN's Kenneth Marciniak, vice president and principal with Signature Associates‘ Toledo, Ohio, office.
Institutional Investors Show Increased Interest in Suburban Office Assets
National Real Estate Investor: The possibility of higher levered returns is driving investor interest in class-A suburban office assets.
Sizing Up Investment Opportunities: What Lies Ahead?
Commercial Property Executive: KIMC President & CIO Jonathan Needell on rethinking financial strategies and closing deals while navigating uncertainty and risk. Real estate investors have taken a prudent approach amid the new economic climate and have adjusted their financial strategies when it comes to evaluating investment opportunities. With certain asset classes considered “safer” than others, investors’ preferences have certainly shifted.
| TCN News, Deal Announcements & Member Highlights|
Great Article from TCN Member Firm, Price Edwards/TCN Worldwide in Oklahoma: Predictions For Retail In A Post COVID-19 World
Member Article: 2020 has been quite an eventful year for all of us. Fortunately, with multiple Covid-19 vaccines on the horizon, there is light at the end of the tunnel. Here are my predictions for 2021 as we begin to move past this pandemic. [By George Williams, CCIM | Retail Investment Team at Price Edwards & Company]
Unique Properties/TCN Worldwide in Denver Brokered the Sale of Coors Technology Center Building for $11+M
Member Deal Announcement: 4680 Table Mountain, a 50,754-square-foot flex office building, located within the highly sought after Coors Technology Center in Golden, has sold for $11,175,000. Sam Leger and Tim Finholm with Unique Properties were the exclusive agents to the seller.
“Although the buyer first toured 4680 Table Mountain in February (pre-Covid), they remained in pursuit of acquiring the property because they knew that it was the smart long term decision despite the current short-term uneasiness in the market. They are a local group who needed to expand their business operations locally, which I feel is a great testament to the underlying strength and momentum the Denver real estate market continues to demonstrate during the pandemic,” said Leger.
Signature Associate/TCN Worldwide Brings Whole Foods Market to the Grand Rapids-area
Member Deal Announcement: Plans are in place to bring a Whole Foods Market to Kentwood. The Austin, Texas-based grocery store has signed a lease to open a store at the Radcliff Plaza shopping center in Kentwood near Woodland Mall. Joe Rizqallah, vice president of Signature Associates in Grand Rapids, Michigan worked to bring Whole Foods to the area.
Shannon Waltchack/TCN Worldwide in Birmingham is Investing $250,000 in Renovating the “Westwood” Shopping Center
Member Deal Announcement: Ash and the neighboring West Homewood storefronts will soon be renovated. The renovation will include new outdoor seating and an overhead awning at Ash, and a new color scheme for the building. On the wall facing Raleigh Avenue, the renderings show a teal and red mural that reads “Westwood Love,” which is pending approval from the City Council.