|TCN Worldwide Deals, Industry News and Highlights|
| TCN netWORKING|
| TCN Assignments|
Jerry Goldner at Chicago Real Estate Resources, Inc./TCN Worldwide in Chicago referred an assignment to John Lochner and Deborah Tamargo at Florida ROI Commercial Property Brokerage, Inc./TCN Worldwide in Tampa.
| CRE Industry News, Top Stories|
Top 20 Most Competitive U.S. Apartment Markets
Wealth Management Real Estate: RentCafe looks at which U.S. markets are attracting the most apartment renters, based on metrics such as how long an apartment remains available after being listed.
Investors May Hold Key to Solving Affordable Housing Crisis
Commercial Observer: As average rents surge annually more than 11 percent nationally and as much as 39 percent in some cities, the housing ecosystem as a whole is responding with enhanced opportunities for collaboration to address the rental housing crisis.
Why Industrial Outdoor Storage Is Gaining Ground
Commercial Property Executive: Traditionally the territory of mom-and-pop investors, these properties are increasingly targeted by institutional buyers, according to Dunleer’s BJ Turner.
| TCN News, Deal Announcements & Member Highlights|
LevRose CRE/TCN Worldwide in Scottsdale Brokers Facilitate Deals in June Fetching $24.3 Million for More Than 381,000 SF
Member Deal Announcement: LevRose CRE/TCN Worldwide brokers closed deals in June totaling $24.298 million and 381,788 SF. Four of the largest deals included sales of two offices, a parcel of land, and a distribution condo totaling $11.4 million. Top deals also included a lease for an office-retail property.
Norris & Stevens, Inc./TCN Worldwide in Portland Brokers 12,346 Sf Lease In Beaverton, Oregon
Member Deal Announcement: Norris & Stevens, Inc. and 9300 Hillsdale recently completed a 12,346 square foot lease at 9400 SW Beaverton Hillsdale Highway in Beaverton, Oregon. The total lease value over the long-term contract will be worth more than $1.2M. Duane Link of Norris & Stevens, Inc. represented the landlord.
Alabama Firm, Shannon Waltchack/TCN Worldwide, Acquires NW Midland Shopping Center
Member Deal Announcement: Commercial Real Estate firm Shannon Waltchack acquired a 46,619-square-foot shopping center Borgata Neighborhood Center in Midland – the seventh acquisition in SW’s latest fund, SW Neighborhood Centers II, which is focused on acquiring neighborhood centers in target markets throughout the country. This is Shannon Waltchack’s first deal in the Lone Star State.