TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

Jonathan Rosenberg, Keri Davies, and Jason Reddington at Levrose Commercial Real Estate/TCN Worldwide in Phoenix have accepted an assignment from David Wallach of Barclay Street Real Estate/TCN Worldwide in Calgary for the acquisition of office space.
 

Generating CRE Wealth in Uncertain Times

Commercial Property Executive: Commercial real estate has played an intriguing role in the economic conditions of the past two years. We have just survived one of the most severe downturns in modern memory. And yet, current market conditions are leading to an explosion of interest in commercial real estate.

Amazon Launches $1B Fund To Invest In Warehouse Innovation, Automation

Bisnow: The largest user of industrial space is launching a $1B fund to invest in companies that advance innovation in logistics and the supply chain, with an apparent focus on robotics.

Does Increased Leasing Activity Signal Recovery for the Retail Sector?

Wealth Management Real Estate: Occupancy rates throughout the retail real estate industry have ticked up in recent months, leaving the sector on its best footing since before the pandemic.
 

Norris & Stevens/TCN Worldwide Brokers $9.25M Sale of Clinton Court Apartments in Portland, Oregon

Member Deal Announcement: Portland Clinton LLC recently completed the $9,250,000 purchase of Clinton Court Apartments, a 46-unit, multi-family complex located at 2715 SE 29th Avenue, Portland, Oregon in Multnomah County. David C. Chatfield and Cameron Mercer with Portland-based Norris & Stevens, Inc. represented the Buyer as well as the Seller, Clinton Properties, LLC, in the transaction.

Landmark Commercial Realty/TCN Worldwide in Harrisburg Brokered the Sale of a 390,000-square-foot distribution facility at 100 First Ave. in Gouldsboro, York County

Member Deal Announcement: The 390,000-square-foot distribution facility at 100 First Ave. in Gouldsboro, York County, was acquired from Exeter Property Group by a holding company for Broad Range Logistics of Atlanta. The facility wills serve as its new Northeast distribution center for the existing customer base they service. Landmark Commercial Realty negotiated the transaction.

Signature Associates/TCN Worldwide in Detroit Announced the Completion of Several Recent Office Transactions

Member Deal Announcement: Signature Associates announced the completion of several recent office transactions consisting of over 125,000 square feet including the sale of 804 Oakwood Dr. in Rochester, MI at 22,000+ square feet.