TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights
  TCN Assignments

Congratulations! Windermere Commercial/TCN Worldwide in Salt Lake City has completed an assignment with Unique Properties/TCN Worldwide in Denver. Andy Evans at Windermere Commercial initiated the assignment and worked with Brandon Paxton at Unique Properties to complete this transaction.

Ben Azulay at Bradford Allen Realty Services/TCN Worldwide in Chicago referred a tenant representation assignment to Marc Lippitt and Greg Knott at Unique Properties/TCN Worldwide in Denver.

  CRE Industry News, Top Stories

Landlords Sue U.S. for Rent Unpaid Under Eviction Moratorium

Wealth Management Real Estate: The National Apartment Association filed a lawsuit Tuesday at the U.S. Court of Federal Claims in Washington.

Industrial Deals Set To Exceed Last Year’s Record Numbers Pricing has risen a quarterly 13.3% to reach $113 per square foot.

These 3 CRE Sectors Will Reward Long-Term Holders

Commercial Property Executive: Investors can count on these property types to appreciate over the next few years, according to Ben Reinberg of Alliance Consolidated Group of Companies.

  TCN News, Deal Announcements & Member Highlights

LevRose Commercial Real Estate/TCN Worldwide in Phoenix Completed the Sale of a 45,300 SF Office, Retail, and Medical Building at 8010 E. McDowell Rd for $7.5 Million

Member Deal Announcement: LevRose Commercial recently facilitated the sale of a 45,300 SF Office, Retail, and Medical building at 8010 E. McDowell Rd on the NEC of Hayden and McDowell in Scottsdale. Jason Reddington, Keri Davies, and Jon Rosenberg of LevRose represented the seller in the transaction and sold the building for $7,500,000.

Norris & Stevens, Inc. Brokers $2.06M Warehouse Lease in Beaverton, OR

Member Deal Announcement: O’Neill Transfer & Storage Co. recently completed the lease of an approximately 40,000 square foot warehouse space at Fry Distribution Center, located at 5805 SW 107th Avenue in Beaverton, Oregon. This lease brings the project to one hundred percent occupancy. Greg Nesting, Vice President and Shareholder, and Gabe Schnitzer, Broker – Industrial Properties, with Portland-based Norris & Stevens, Inc. represented the property owner, Fry Warehouse LLC, in the transaction.

Signature Associates/TCN Worldwide in Detroit Announced the Completion of Several Recent Retail Transactions

Member Deal Announcement: Signature Associates announced the completion of several recent retail transactions consisting of over 115,000 square feet which included the sale of 33631 Van Dyke Ave in Sterling Heights, MI and 21400 Michigan Ave in Dearborn, MI at 26,327 SF and 19,741 SF, respectively.

Whitebox Real Estate/TCN Worldwide in Dallas Represented SR Electrical Contractors in a 1,857 SF Lease at 1816 Hickory Drive in Haltom City, TX

Member Deal Announcement: Whitebox Real Estate recently represented SR Electrical Contractors to secure a new 1,857 SF lease at 1816 Hickory Drive in Haltom City, TX. Evan Hammer, David Byrd & Brendan Zrowka of Whitebox Real Estate represented the tenant in the transaction.

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