TCN netWORKING:  TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights
  TCN Podcast

TCN Worldwide Market Minutes Podcast, Ep. 014 Marty Cleckler: Market Outlook in Lubbock, TX

In this episode, we talk with Marty Cleckler, MAI, Managing Director of WestMark Commercial in Lubbock, TX about what he's seeing within his market, how Texas Tech impacts their commercial real estate market, and how it compares to other markets throughout the U.S. In this episode, Marty discusses each sector, how Lubbock has developed into an economic and healthcare hub to the region as well as what he see's in the years ahead.

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  CRE Industry News, Top Stories

Multifamily Investors Lengthen Their Hold Periods, As Inflation Fears, Dearth of Product Disrupt the Market

Wealth Management Real Estate: A perfect storm of macroeconomic and real estate-specific forces are making multifamily investors rethink their hold times.

Small- to Mid-Sized Tenants Dominate Demand For Last-Mile Logistics Space The most popular size segment for industrial leases in the third quarter was the 10,000 to 49,000 square foot range.

National Median Apartment Rent Increases By 17.8%

Bisnow: U.S. median apartment rents have spiked by 17.8% since the beginning of 2021, according to the most recent Apartment List National Rent Report.

  TCN News, Deal Announcements & Member Highlights

TCN Worldwide Announces Pete Alveal as a Regional Vice President

TCN Update: TCN Worldwide is pleased to announce Pete Alveal, Principal of Premier Commercial Real Estate/TCN Worldwide in Indianapolis will serve as the new regional vice president for the Central region.

Norris & Stevens, Inc./TCN Worldwide Brokers $6.68M Sale of Park Fiesta Apartments in Portland, OR

Member Deal Announcement: SW Multnomah Properties, LLC recently completed the $6,676,324 purchase of Park Fiesta Apartments, a 46-unit, approximately 33,180 square foot multi-family complex located at 2121 SW Multnomah Boulevard in Portland, Oregon. Cameron Mercer with Portland-based Norris & Stevens, Inc. represented the Buyer in the transaction.

Mid-Atlantic Commercial/TCN Worldwide's Storage Acquisition Group Brokered a Virginia Beach Self Storage Facility Located at 2424 Castleton Commerce Way in Virginia Beach, VA

Member Deal Announcement: The Storage Acquisition Group (TSAG) is pleased to announce the closing of 2424 Castleton Commerce Way in Virginia Beach, VA. The facility offers 390,816 net rentable square feet across 795 units of both climate and non-climate-controlled space and 186 RV parking spots. The transaction was negotiated by Cowles M. “Monty” Spencer, CEO of The Storage Acquisition Group and Vice President of Mid Atlantic Commercial Realty in Yorktown, VA.

Whitebox Real Estate/TCN Worldwide Represented One World in a 23,080 SF Lease at 1461 S Belt Line Road in Coppell, TX

Member Deal Announcement: Whitebox Real Estate, LLC was pleased to represent One World in their new lease at Coppell Business Center II. The 23,080 SF lease at 1461 S Belt Line Road in Coppell, TX will serve as a home base for One World, a full-service shutters and blinds company. Ben Crancer, Sean Smith and Brendan Zrowka with Whitebox Real Estate represented the One World as the Tenant on this transaction.


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