|TCN Worldwide Deals, Industry News and Highlights|
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TCN Worldwide affiliates get 25% off Crexi PRO!
TCN Worldwide is proud to have Crexi return again this year as a 2021 gold sponsor. Crexi is CRE’s fastest-growing marketplace, advanced technology and data platform dedicated to supporting the CRE industry and its stakeholders.
From searching for properties to Intelligence, the easy-to-use platform is designed to help buyers, tenants, and brokers close deals faster than ever imagined. With millions of users and trillions in property value, Crexi is your solution for CRE success.
| CRE Industry News, Top Stories|
Moody's Analytics - Q1 2021 Retail First Glance
Moody's Analytics: Retail distress continues, but the magnitude remains surprisingly modest. At the national level, asking and effective rents declined 0.1% and 0.2% respectively for the quarter, and the vacancy rate inched up just 10 basis points to finish at 10.6%.
NAR Sees Favorable Outlook for CRE Occupancies
Connect Commercial Real Estate News: Following last year’s historic shifts in the economy, experts convened for the National Association of Realtors’ Commercial Economic Issues and Trends Forum projected a favorable outlook for the commercial real estate market in the coming year.
Economist’s View: Why Cities Will Rise Again
Commercial Property Executive: When will the positives of the urban environment once again outweigh the negatives?
| TCN News, Deal Announcements & Member Highlights|
TCN Worldwide Announces Buildout as a 2021 Gold Sponsor
TCN Update: TCN Worldwide is proud to announce Buildout as a strategic partner and a 2021 gold sponsor. Buildout is the nation’s leading commercial real estate marketing software and a long-time partner to TCN Worldwide.
Since 2010, Buildout has helped CRE brokerages showcase their brand and win more deals with the industry’s leading marketing solution. Expanding their platform to support the full brokerage, Buildout now helps optimize the entire deal cycle and boost revenue by streamlining prospecting, listings, pipeline management, commission splits, and more. Developed with customer feedback and insights, the Buildout platform leverages best practices and workflows used by CRE’s top brokerages.
Price Edwards/TCN Worldwide in Oklahoma Brokers $21,564,158 Sale
Member Deal Announcement: Quail Springs Parkway Plaza, 298,610 SF on 15.53 acres, sells for $21,564,158. Craig Tucker represented the seller in the disposition of the property. The building was nearly 90% leased at the time of sale with the recent signing of an 84,000 SF lease negotiated by Tucker and Tom Fields of Price Edwards.
Norris & Stevens/TCN Worldwide was Recognized by CoStar in the 2021 Q1 Power Broker Quarterly Office Deals for Portland
Member Deal Announcement: Norris & Stevens/TCN Worldwide was recognized for closing one of the Top Office Leases in Portland by CoStar in the 2021 Q1 Power Broker Quarterly Office Deals. Congratulations to Duane Link who represented the landlord in a 15,610 SF lease in Portland's CBD.
Bradford Allen Completes 23,000-SF Lease in E/W Corridor
Member Deal Announcement: Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are pleased to announce that Joel Berger, Senior Managing Director, completed a 23,000-square-foot lease (12,000-square-foot renewal and 11,000-square-foot expansion) for Professional Wealth Advisors (PWA) at 2655 Warrenville Road in Downers Grove, IL.