TCN netWORKING:  TCN Worldwide Deals, Industry News and Highlights

Congratulations! Hanna Commercial and Richard Bowers & Co. Worked Together to Close this 41,000+ SF Lease Expansion

Hanna Commercial Real Estate/TCN Worldwide in Cleveland has completed an assignment with Richard Bowers & Co./TCN Worldwide in Atlanta. Anthony Delguyd at Hanna Commercial initiated the transaction and worked with Ernie Baker at Richard Bowers & Co. to complete this 41,000+ SF lease expansion.
 

Pablo Wong at Starboard Commercial/TCN Worldwide in San Francisco has referred an investment sales 1031 exchange assignment to Ryan Johnson, CCIM at Chase-Johnson Commercial/TCN Worldwide in Reno.

 

RCA Reports U.S. Commercial Property Prices Remain Firm

Connect Commercial Real Estate: New research by Real Capital Analytics (RCA) reveals U.S. commercial real estate price growth of 0.7% increase in the past month and a 7.2% increase over the past year.

Self Storage Less Vulnerable to Economic Disruptions

Commercial Real Estate Executive: After a long tenure of negative performance, street-rate rents for standard non-climate-controlled units remained unchanged year-over-year.

Beacon Economics’ Thornberg Sees a V-Shaped Rebound

Connect Commercial Real Estate: The title of the outlook from Christopher Thornberg states the outlook’s thesis: “The Post COVID-19 Recovery: A Case for the ‘V.” The Beacon Economics founding partner cites the U.S. economy’s strong fundamentals, even as he charts the short-term damage from the shutdown to help contain the virus. Download the full report.
 

COVID-19 & Commercial Real Estate: Providing You the Latest Updates from TCN Worldwide

TCN Update: Check out these recent updates, podcasts, webinars, and articles regarding COVID-19's impact on the Commercial Real Estate industry.

Landmark Commercial Realty Inc./TCN Worldwide in Harrisburg Announces Recent Transactions

Member Deal Announcement: Landmark Commercial Realty Inc. announced the completion of several recent transactions. Congratulations to Daniel Dutcavich, Roy H. Brenner, Thomas T. Posavec, Roy H. Brenner, Bo Mangam, Sean Fitzsimmons, Andrew Kohr, and Chuck Heller.

Norris & Stevens, Inc./TCN Worldwide Brokers $1.25M Sale of Former University of Western States Office Building in Northeast Portland, Oregon

Member Deal Announcement: Hazelwood Healthcare LLC recently completed the $1,250,000 purchase of an approximately 3,766 square foot office building located at 12615 NE Halsey Street in Portland, Oregon. The building was being used as a chiropractic center by the University of Western States and their students. The new owner, a University of Western States alumnus, intends to move his existing chiropractic practice into the building.

Pacific Coast Commercial/TCN Worldwide in San Diego is Pleased to Announce the Sale of 8835 Cuyamaca Street, Santee, CA 92071 for $5,700,000

Member Deal Announcement: The 25,000 SF retail auto repair property sold for $5,700,000 to Alessio Leasing Corp, Inc. The property is currently occupied by Service King, a premier collision repair operator. Tommas Golia, Jason Vieira, and Colton Speas of Pacific Coast Commercial represented the buyer in the transactions.