TCN netWORKING:  TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights
  TCN Assignments

Landmark Commercial/TCN Worldwide in Harrisburg, PA has completed an assignment with Mid-Atlantic Commercial Real Estate/TCN Worldwide in Yorktown, VA. Sean Fitzsimmons at Landmark Commercial initiated the deal and worked with Jonathan Guion at Mid-Atlantic Commercial to complete this office/warehouse lease.

  CRE Industry News, Top Stories

A New Approach for Real Estate Diversification

National Real Estate Investor: “Like-kind” exchanges may permit clients to defer capital gains taxes.

Industry Leader William Millichap Dies at 76

Commercial Property Executive: The real estate innovator had served as co-chairman of Marcus & Millichap since 2000.

Restaurant Leases May Get Creative to Weather the Pandemic

Bisnow: Rather than relying only on a fixed rent, variable rents also assess a percentage of sales according to a negotiated formula. They have seen some renewed success in the wider retail world and are now being considered as one option for helping restaurateurs weather the downturn.

  TCN News, Deal Announcements & Member Highlights

Signature Associates/TCN Worldwide in Detroit Announced the Completion of Several Recent 70,000+ SF Industrial Transactions

Member Deal Announcement: Signature Associates announced the completion of several recent 70,000+ SF industrial transactions, including the sale of 2011 Centerpoint Pkwy in Pontiac, MI at 880,087 square feet as well as a 569,532 square foot lease located at 33600 Mound Rd. in Sterling Heights, MI.

Cottonwood Commercial/TCN Worldwide Announced the Sales of Two Retail Spaces in Harrisonburg for $5.25M

Member Deal Announcement: The property is located at 1756 East Market St. in Harrisonburg, which is less than 2 miles from James Madison University. Tim Reamer with Cottonwood Commercial represented the seller in the transaction.

Norris & Stevens/TCN Worldwide in Portland Brokers $1.025M Sale of Fairview Office Building in Tigard, Oregon

Member Deal Announcement: Ridge Path Properties LLC recently completed the $1,025,000 purchase of Fairview Office Building, an approximately 6,512 square foot office building located at 8930 SW Hall Boulevard in Tigard, Oregon. Matt Lyman with Portland-based Norris & Stevens, Inc. represented the Seller, Fairview Office Building, LLC, in the transaction.

Moody Rambin/TCN Worldwide in Houston has Been Retained to Lease the Historic Museum Plaza Building in the Museum District.

Member Deal Announcement: Moody Rambin has been retained by Houston based Kozadinos Interests, Ltd as the exclusive leasing agent for 4916 Main Street in Houston Texas. The two-story office building features one large unique loft space with expansive ceiling heights and high-end finishes totaling 8,010 square feet. Kurt Kistler and Karen Wright will handle the leasing assignment on behalf of Moody Rambin.

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