TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights
  TCN Assignments

Ben Azulay at Bradford Allen Realty Services/TCN Worldwide in Chicago referred an industrial tenant representation assignment to Ken Stark and Steve Yates at Stark Accelerators Commercial Real Estate/TCN Worldwide in Boise.

  CRE Industry News, Top Stories

Is It Time to Recalibrate Net Lease Cap Rate Expectations?

Wealth Management Real Estate: While increased competition has pushed net lease cap rates down, exclusive WMRE research found some mixed views on whether the tide will turn.

Real Estate Investors Sharpening Focus On Unconventional Assets

Bisnow: Investors who have been used to buying downtown offices, apartment buildings and shopping centers are looking deeper and deeper into the commercial real estate market for deals.

Industrial Sector Reaches Supply Momentum

Commercial Property Executive: Last year, more than 350 million square feet of industrial space came online in the 117 markets covered by CommercialEdge, the highest level of new supply since the turn of the century.

  TCN News, Deal Announcements & Member Highlights

2022 TCN Worldwide East Region Conference ~ POST-CONFERENCE WRAP-UP

TCN Update: Thank you to all who attended last week's TCN Worldwide East Regional Conference in Sarasota! It was exciting to see so many familiar faces, new members, as well as several first-time attendees from the East region in person. We thank you for making the event a success—there was a real sense of enthusiasm to be networking in person again and for the return of Spring Training Baseball!

Unique Properties/TCN Worldwide Announced the Sale of Dierks Bentley’s Whiskey Row in Downtown Denver, CO for $24,000,000

Member Deal Announcement: Unique Properties/TCN Worldwide is proud to announce the sale of 1942-1946 Market St in the LoDo/Ballpark Neighborhood of Downtown Denver, CO for $24,000,000 or $1,200/SF. The income of the property supported a 5.3% Cap Rate at the closing price. Brett MacDougall and Michael DeSantis, Vice Presidents, with Unique Properties, represented the Buyer in this transaction.

Signature Associates/TCN Worldwide in Detroit Awarded The Exclusive Leasing For Up To 1 Million Square Feet of New Construction—Eastland Commerce Center will Offer Three State-Of-The-Art Industrial Facilities

Member Deal Announcement: Signature Associates/TCN Worldwide is pleased to announce the exclusive leasing representation of the Eastland Commerce Center in Harper Woods. This new Class A warehouse, distribution, and manufacturing campus will include three-buildings ranging from 200,000 square feet to 536,000 square feet, tilt-up concrete construction and an abundance of vehicle and trailer parking. The Eastland Commerce Center is located on the 80-acre site formerly known as the Eastland Center Shopping Mall. Joe Hamway and Greg Hudas are the leasing brokers on this project representing the landlord and developer, NorthPoint Development.


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