TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights
  TCN Assignments

Congratulations! Hanna Commercial Real Estate/TCN Worldwide in Cleveland has completed a 12,000 square foot tenant rep. assignment with Norris & Stevens, Inc./TCN Worldwide in Portland.

Brennan Tilow with Hanna Commercial Real Estate/TCN Worldwide in Cleveland initiated the lease assignment and worked with Gregory Nesting at Norris & Stevens, Inc./TCN Worldwide in Portland to complete this seven-year lease.

Ben Azulay at Bradford Allen Realty Services/TCN Worldwide in Chicago referred a tenant representation assignment to Zak Kottler at Levrose Commercial/TCN Worldwide in Phoenix.

  CRE Industry News, Top Stories

CRER Joins TCN Worldwide as Newest Affiliate

Connect Commercial Real Estate News: Chicago Real Estate Resources Inc. (CRER) has become the newest TCN Worldwide Real Estate Services affiliate. Headquartered in Chicago’s Lakeview neighborhood, CRER has 18 commercial brokers and primarily focuses on multifamily investment and retail services. It joins Bradford Allen and PW Commercial as Chicago-area TCN affiliates.

Industrial Supply Fueled by 'Extreme' Premium on Cap Rates While cap rates are at record lows, the premium on cap rates for the newest assets is at an extreme as well.

New Forecasts and Considerations at 2021 ULI Spring Meeting

Commercial Property Executive: Investors are weighing a number of factors, including the type of risk their capital will assume and the convergence of yields.

  TCN News, Deal Announcements & Member Highlights

Unique Properties, Inc./TCN Worldwide in Denver Brokered the Sale of a Historic 6th Avenue Retail Property for $4,750,000

Member Deal Announcement: Unique Properties is proud to announce the sale of Firehouse Square, a multi-tenant retail/office property along 6th Avenue in Central Denver. The Seller, RAK Investments Inc, was represented by Michael DeSantis and Brett MacDougall, Senior Brokers, with Unique Properties Inc. The property sold for $4,750,000 or $486 per Square Foot.

Class A Distribution Facility on 60 Acres in Lackawanna Township Purchased by Broadrange Logistics LLC

Member Deal Announcement: Broadrange Logistics LLC recently purchased a 390,000 SF Class A distribution facility situated on 60 acres. Jason Grace, CCIM, SIO/CEO & Managing Principal at Landmark Commercial Realty/TCN Worldwide in Harrisburg negotiated the transaction between the parties in cooperation with J.R. Wright, Jr., Principal of Strategic Real Estate Partners, LLC based in Atlanta, GA.

Norris & Stevens, Inc./TCN Worldwide Brokers $1.7M Industrial Warehouse Sale in Dallas, OR

Member Deal Announcement: Vantage Commercial Holdings, LLC completed the $1,700,000 purchase of Westview Products Industrial, an approximately 22,000 square foot industrial space located at 1350 SE Shelton Street in Dallas, Oregon. Tim Pfeiffer with Portland-based Norris & Stevens, Inc. represented the Buyer in the transaction.

MSC Commercial/TCN Worldwide in Sarasota Released their Q1 2021 Market Report

Member Market Report: The tri-county area commercial market began the year trending positive with strong market fundamentals for all property types. Looking back at the quarter, and similarly to 2019 and 2020, the largest commercial sales in the market involved multi-family properties.


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