TCN netWORKING:  TCN Worldwide Deals, Industry News and Highlights

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.

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.

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.