TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

Closing Two Assignments! Ben Azulay at Bradford Allen Realty/TCN Worldwide in Chicago completed two tenant rep assignments with William Sitar Jr. at Sitar Realty Company/TCN Worldwide in New Jersey. The client, in need of multiple locations in the New Jersey area, signed a 5yr lease for 2,500SF in Somerset and a lease for 1,200+SF in Brick Township.

Will Private Equity RE Players Continue Raising Funds at a Breakneck Pace?

National Real Estate Investor: There are a record high number of funds in the market at the start of 2020.

Commercial Real Estate Booms in Cannabis-Friendly States

NAR: Investors are buying up warehouses and retail space in cannabis-friendly states. In a reversal from 2018 trends, cannabis investors are buying up commercial property, particularly warehouses, in states where recreational cannabis use has been legalized for more than three years, according to a new study by the National Association of Realtors.

Data Security Has Become a Pressing Issue for the CRE Sector

National Real Estate Investor: CRE tech experts caution against increasing cyber threats to data privacy.
 

TCN Worldwide Announces RealPage as a 2020 Gold Sponsor

TCN Update: TCN Worldwide is proud to announce RealPage as a 2020 gold sponsor. RealPage is the leading global provider of software and data analytics to the real estate industry. Clients use the RealPage platform to improve operating performance and increase capital returns.

Price Edwards/TCN Worldwide in Oklahoma City Brokered a 15,000 SF Lease in Bricktown

Member Deal Announcement: Old Spaghetti Factory leased 15,000 square feet of retail space at 124 E Sheridan Avenue, Oklahoma City. Located at a high traffic corner of Sheridan Avenue and Mickey Mantle Drive, this Bricktown retail space is also within walking distance to the Chickasaw Bricktown Ballpark. Allison Barta Bailey with Price Edwards handled the transaction.

TCN Worldwide Announces Rhino as a 2020 Gold Sponsor

TCN Update: TCN Worldwide is proud to announce Rhino as a 2020 gold sponsor. Rhino was founded to create benefits for all stakeholders in commercial leasing. Rhino is the leading deposit bond provider in the United States for residential and commercial properties, backed by A-rated insurance carriers. Rhino replaces cash deposits with a bond that provides property owners with equivalent protection when compared to cash or a letter of credit while helping tenants maintain access to capital that they can use to grow their business.

Industrial Specialist, Zack Liber, Joins Signature Associates/TCN Worldwide

Member Announcement: Zack Liber has joined the industrial division of Signature Associates’ Toledo, Ohio, office. Liber grew up in the logistics field, with his family owning a truck-parts company. Born and raised in the Midwest, Liber says that he is passionate about helping businesses in the region grow. He will represent tenants, landlords, owners, and buyers as they search for the best solutions for their companies.

TCN Worldwide Announces CompStak as a 2020 Sponsor

TCN Update: TCN Worldwide is proud to announce CompStak as a 2020 sponsor. CompStak Exchange is an exclusive platform for CRE brokers, appraisers, and researchers to get analyst reviewed commercial lease comps, sales comps, and property details. Free. Anonymous. No data entry required. CompStak Exchange is used by more than 15,000 CRE professionals across the US. Since 2011, they’ve gathered around 2 million comps.