TCN netWORKING:  TCN Worldwide Deals, Industry News and Highlights

Andy Evans of Windermere Commercial/TCN Worldwide in Salt Lake City referred a land acquisition assignment to Brendan Zrowka at Whitebox Real Estate/TCN Worldwide in Dallas.
 

Hans Hansson of Starboard Commercial/TCN Worldwide in San Francisco referred a multi-family investment sales assignment to Ryan Johnson, CCIM at Chase-Johnson Commercial/TCN Worldwide in Reno.
 

Nearly 90% of Apartment Households Made Rent Payments by June 13

GlobeSt.com: National data shows apartment rents paid through both mid-May and mid-June hovering around the 90% mark.

Getting a Handle on the Distressed Cycle

National Real Estate Investor: NREI sat down with Carol Faber, co-chair of the distressed property practice at Akerman, to explore how the COVID-19 distressed real estate cycle might play out.

Commerce Department: U.S. Retail Sales Rose 18% in May

Connect Commercial Real Estate News: Retail sales rose 17.7% in May, rising dramatically from April’s rock-bottom levels, according to the U.S. Commerce Department’s advance monthly sales for retail and food services report released June 16.
 

Landmark Commercial Realty/TCN Worldwide in Harrisburg announced that Select Capital Commercial Properties Inc.’s 225 Grandview Drive, Camp Hill property, was chosen to receive the 2019 Best Architecture Award from the Mid-Atlantic Real Estate Journal

Member Deal Announcement: Jason Grace, CCIM, SIOR, and SVP of Landmark Commercial Realty/TCN Worldwide, represented the Lower Allen Township-based real estate investment company in the initial acquisition and will be coordinating all leasing for the merger.

Norris & Stevens/TCN Worldwide in Portland Brokers $2.6M Industrial Sale in Newberg, Oregon

Member Deal Announcement: 2751 Wynooski Street, LLC recently completed the $2,600,000 purchase of an approximately 31,265 square foot industrial building located at 2751 NE Wynooski Street in Newberg, Oregon. Todd VanDomelen with Portland-based Norris & Stevens, Inc. represented the Seller, Thomas A. Walker, Melissa A. Walker, David R. Walker, and Judy Walker, in the transaction.

WestMark Commercial/TCN Worldwide in Lubbock represented the landlord to lease 8501 Urbana Avenue.

Member Deal Announcement: Congratulations to Kay Ward, CCIM & Matt Ward on the lease of 8501 Urbana Avenue! They leased this office/ warehouse on behalf of the landlord.

Pacific Coast Commercial/TCN Worldwide in San Diego Continues to Grow | Welcome to the Team Jez Lawson

Member Announcement: Jez Lawson joins Pacific Coast Commercial in San Diego, a full-service real estate company, specializing in all aspects of Sales, Property Management and Leasing. Pacific Coast Commercial currently represents approximately 1,570 Tenants in over 5.7 million square feet.