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TCN Worldwide Market Minutes Podcast, Ep. 013 Paul Hendershot: Commercial Real Estate National Mid-Year Economic Forecast

In this special episode, we talk with Paul Hendershot, Senior Director of Market Analytics at CoStar who delivers a comprehensive mid-year economic update and forecast for the commercial real estate industry. He provides a broad perspective on the national recovery; where we've been, how the first half of 2021 is shaping up and what's in the forecast for the 2nd half of the year. In today's episode, Paul focuses on three asset classes (office, industrial, and retail) and shares his insights on what's going on in the national economy.

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How 11 Major Companies are Unrolling Returns to Offices

Wealth Management Real Estate: With a growing number of people in the U.S. and abroad already vaccinated, companies are now announcing their “back-to-office” plans, outlining how and when their employees will return to work in-person.

Warehouse Demand Continues to Soar

GlobeSt.com: As more retailers enter home delivery, e-commerce now makes up almost a fifth of all industrial demand.

Senior Housing Occupancy Ticks Up, And Investors Take Note

Bisnow: Senior housing occupancy has seemingly turned a corner, rising recently from pandemic-driven lows in early 2021.
 

TCN 2021 Institute - Virtual Event | Monday, July 19th - Wednesday, July 21st | Begins Monday, July 19 @ 10:00 am CT

TCN Update: We know how important continuing education is and this year we're proud to once again offer our annual TCN Institute as a virtual event. TCN’s Ross Ford will kick off the event at 10:00 AM CT on Monday, July 19th followed by three days of educational training sessions held from 10:30 AM CT - 1:00 PM CT each day, with a 30-minute midday break. This is a complimentary event available to all TCN Worldwide members and select special guests.

Norris & Stevens, Inc./TCN Worldwide Brokers $2.4M Sale of a Redevelopment Opportunity Space in Portland, OR

Member Deal Announcement: Colton, Oregon-based First Church of Christ, Scientist, Portland, has acquired a 4,000 SF retail space from the Taoist Tai Chi Society of The United States of America, Inc. for $2,400,000. Matt Lyman and Jack Schaub with Portland-based Norris & Stevens, Inc. represented the Seller, Taoist Tai Chi Society of the United States of America, Inc., in the transaction.

Whitebox Real Estate/TCN Worldwide in Dallas Represented The DevHouse Agency, LLC to Expand Their Office Space in Downtown Dallas' Historic West End

Member Deal Announcement: Whitebox Real Estate recently represented The DevHouse Agency, LLC in an expansion of their space at 501 Elm Place in Dallas, TX. The new lease expands The DevHouse Agency, an AR, VR & Game Production company, to 7,134 SF in Dallas’ historic West End. Brendan Zrowka & Evan Hammer of Whitebox Real Estate represented the tenant in the transaction.

Signature Associates/TCN Worldwide in Detroit Announces Two New Team Members

Member Announcement: Signature Associates is pleased to announce two new team members to the Investment Division, Cade Kozlowski and Jackie Bonnell.