TCN Worldwide Deals, Industry News and Highlights
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TCN Worldwide member firms, Bradford Allen Realty and Sitar Realty Company completed a 4,862 square foot tenant rep assignment. Congratulations to Ben Azulay at Bradford Allen Realty/TCN Worldwide in Chicago, who initiated the assignment, and William Sitar Jr. and Joseph Allegro of Sitar Realty Company/TCN Worldwide in New Jersey on the completion of this transaction!
Jake Levinson at Starboard Commercial Real Estate/TCN Worldwide in San Francisco, CA has referred a leasing assignment to Willa McNamarra Fields at Beitler Commercial Realty Services/TCN Worldwide in Los Angeles, CA. The assignment consists of a combination of office and warehouse space totaling upward of 60,000 square feet. |
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| CRE Industry News, Top Stories |
Taking the Temperature of Retail Real Estate in 2018
National Real Estate Investor: While there are sure to be dark days ahead for some, it is important to also acknowledge that the industry’s current woes are not insurmountable. |
Walmart to expand grocery delivery from 6 markets to over 100 by year-end
Techcrunch: Walmart announced that it will expand its online grocery delivery service to more than 40 percent of U.S. households by year-end, growing from its current availability in just six markets to over 100 metro areas during that time. That means it will be making deliveries from 800 stores in total. The news is the latest salvo in Walmart’s quickly escalating war with Amazon. |
Apartment Occupancy Rate Remains Strong, Though Down from its Peak
National Real Estate Investor: Occupancy is hovering around 95 percent, and that’s a healthy rate, especially with lots of product moving through initial lease-up,” says Greg Willett, chief economist with RealPage Inc.
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| TCN News, Deal Announcements & Member Highlights |
Abrigo Apartments Sell for $7,300,000
Member Deal Announcement: Unique Properties, Inc./TCN Worldwide in Denver is pleased to announce the sale of Abrigo Apartments. Phil Dankner and Kevin Higgins of the Greystone Unique Apartment Group represented both the buyer and seller in this transaction. |
Shannon Waltchack/TCN Worldwide Broker Seth Berry Obtains Esteemed SIOR Designation
Member Announcement: Seth Berry has achieved the SIOR industrial/office designation awarded by the Society of Industrial and Office REALTORS®. SIOR is a Washington, DC-based international professional organization of more than 3,000 commercial real estate professionals. |
Bradford Allen/TCN Worldwide in Chicago Adds New Leasing Assignment at 142 E Ontario
Member Deal Announcement: Daniel Fernitz, Executive Managing Director of Agency Services, is pleased to announce that Bradford Allen/TCN Worldwide has recently been appointed the exclusive leasing agent for 142 E Ontario in Chicago by the American Osteopathic Association. Managing Director Andy DeMoss and Director Matt Wright will be the leasing agents for the 137,050 SF office building. |
Moody Rambin/TCN Worldwide in Houston Brokers 3,605 square feet lease at the Park Plaza Business Park
Member Deal Announcement: FCIC Consulting & Financial has leased 3,605 square feet at the Park Plaza Business Park, 11104 West Airport Blvd. Spencer Starkey and Kurt Kistler of Moody Rambin/TCN Worldwide represented the landlord, Stafford Office Park II, LP. Andre Heard represented the tenant. |
Price Edwards and Company/TCN Worldwide Welcomes New Associate to Tulsa Office
Member Announcement: Price Edwards & Company/TCN Worldwide welcomes new associate, Matt Surrett. Mr. Surrett serves as Senior Sales Associate for Price Edwards & Company - Tulsa, and has been a licensed real estate agent and active in the Tulsa commercial real estate business since 1986. | | |
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