TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights
  New Member Firm

TCN Worldwide is proud to announce Trinity Realty Group, LLC. (TRG) as the newest member firm to be selected to join our organization. Located in Albany, TRG is one of the markets leading full-service commercial real estate companies serving the commercial real estate needs of Upstate New York, including the Capital Region, Hudson Valley, and Central/Western NY.

A former TCN Worldwide member, TRG's President and CEO, Kevin Parisi, has been serving the commercial real estate needs of Albany/Upstate NY for over 20 years. “It is a great pleasure to welcome Kevin Parisi back to our organization,” stated Ross Ford. “As President and CEO of TRG he and his partner, Andrew Peckage, have built a company with a successful track record of offering outstanding service to their clients for the past 15 years. We welcome TRG and their team to our growing member roster.”

  CRE Industry News, Top Stories

ROE—The Holy Grail of CRE Investment Metrics

Wealth Management Real Estate: There are myriad ways CRE investors can evaluate returns. None provide the clarity that return on equity does.

Here’s How the Fed’s Response To Inflation Could Create Headwinds for CRE Elevated capital liquidity is creating an aggressive commercial real estate bid climate that’s putting upward pressure on prices and downward pressure on commercial real estate yields, their cap rates.

Even With Headwinds, CRE Is An Attractive Investment With plenty of dry powder from investors, positioning 2022 as another growth year.

  TCN News, Deal Announcements & Member Highlights

TCN Worldwide Commercial Focus, Q4 2021: Top TCN Worldwide Member Deals

TCN Update: Check out these top TCN member deals for Q4 of 2021! Congratulations to Monty Spencer at Mid-Atlantic Commercial/TCN Worldwide in Yorktown, VA who completed the transaction with the highest total value for the quarter, a 390,816 SF self-storage sale valued at $78,000,000!

Unique Properties/TCN Worldwide in Denver Announced The Sale of Kiddie Academy Child Care Center for $5.4 Million

Member Deal Announcement: Unique Properties/TCN Worldwide is proud to announce the Sale of 6650 W Ken Caryl Avenue, Littleton, CO 80128 by Brett MacDougall and Michael DeSantis, Senior Broker Associates, with Unique Properties, Inc./TCN Worldwide, who represented the Buyer in this transaction. The property sold for $5,400,000 or $510/SF. The income of the property supported a 6.6% Cap Rate at the closing price.

Landmark Commercial Realty/TCN Worldwide in Harrisburg Closes Some of its Largest Deals ever in 2021

Member Deal Announcement: Landmark ends a historic year in 2021 closing some of their largest sale transactions for the company ever, including 100 First Avenue in Gouldsboro PA for $31 million, Harrisburg’s Olde Liberty Sold for $16 million, and Danville’s Buttonwood Apartment Complex Sold for $10.25 million.

Norris & Stevens, Inc./TCN Worldwide Brokers $1.18M Industrial/Flex Lease in Milwaukie, Oregon

Member Deal Announcement: 6710, LLC recently completed the $1,177,566 lease of approximately 36,600 SF of flex space located at 9800 SE McBrod Ave in Milwaukie, Oregon with 43% of the space consisting of office. Gabe Schnitzer and Greg Nesting with Portland-based Norris & Stevens, Inc. represented the landlord, 6710, LLC, in the transaction.


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