TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights
  TCN Assignments

Andy Evans at Windermere Commercial/TCN Worldwide in Salt Lake City referred a tenant representation assignment to Brandon Paxton at Unique Properties/TCN Worldwide in Denver.

Marc Hale at PW Commercial/TCN Worldwide is working with Dan Fernitz at Bradford Allen Realty/TCN Worldwide representing the seller of an office condo suite in Chicago. Marc Hale initiated the assignment.

  CRE Industry News, Top Stories

Investors Explore UPREITs as Alternative to 1031s

Wealth Management Real Estate: Uncertainty around the potential tax change on like-kind exchanges has investors exploring alternative structures.

These Cities Led Industrial Rent Growth in Q1 Rents for logistics space in San Francisco, New York City, and Washington D.C. clocked in at more than $10 per square foot.

CMBS Borrowers Face Refinancing Challenges

Wealth Management Real Estate: Nearly $130 billion in CMBS debt reaches maturity before the end of 2022.

  TCN News, Deal Announcements & Member Highlights

Whitebox Real Estate/TCN Worldwide in Dallas Represented City Electric Supply to Complete a 99,366 SF Lease at Speedway Distribution Center in Fort Worth, TX

Member Deal Announcement: Whitebox Real Estate, LLC recently negotiated a lease for City Electric Supply in Fort Worth. The new 99,366 SF lease is at Speedway Distribution Center, 16200 Three Wide Drive, Fort Worth, TX 76117. Grant Pruitt, Jade Scott, and Brendan Zrowka represented City Electric Supply.

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

Member Deal Announcement: Landmark Commercial Realty is pleased to announce the firm has completed several recent transactions. Sunbelt Rentals, Inc. signed a long-term lease for their 50,000 SF industrial equipment rental facility situated on approximately five acres at 4417 Valley Road, Enola, PA situated with direct access off Interstate 81. Jason Grace, CCIM, SIOR, CEO & Managing Principal at Landmark Commercial Realty/TCN negotiated the transaction between Sunbelt Rentals Inc. and the landlord, Chris Land, LLC.

Bradford Allen/TCN Worldwide Completes 7,000-SF Lease Renewal in Downtown Chicago

Member Deal Announcement: Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen are pleased to announce that Managing Director Justin Kessler and Associate Riley Schleifer completed a six-year, 7,000-square-foot lease renewal for Stone & Johnson at 111 W. Washington Street in Chicago, IL.


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