TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide is honored to be recognized once again as one of the Top Commercial Property Management Firms in the industry by Commercial Property Executive. This year’s Top 30 Commercial Property Management Companies ranking is a mix of third-party service providers and owner-operators with a combined 13 billion square feet under management.

Throughout asset classes, companies are relying on property management teams more than ever to ensure a smooth transition as businesses re-open and people return to the office. TCN Worldwide is proud of our dedicated property management professionals and honored to be named in the top 15 property management firms within this prestigious industry ranking.
 

Does It Make Sense to Turn Empty Retail Boxes into Short-Term Warehouses?

Wealth Management Real Estate: The strategy can help keep revenue coming in while the spaces are marketed to long-term users, according to some experts.

Tenants Are Going After Space Aggressively As Asking Rates Drop

GlobeSt.com: At the same time inventory jumped significantly, notching an increase of more than 57%.

Top Markets for Office Deliveries

Commercial Property Executive: These metros account for 30 percent of the square footage completed in the first half of 2021.
 

Pacific Coast Commercial/TCN Worldwide in San Diego Brokered the Sale of an Automotive Repair/Industrial Building for $2.17M

Member Deal Announcement: Pacific Coast Commercial is pleased to announce the sale of an approx. 11,180 SF auto repair/industrial building acquired for $2,170,000. Tommas Golia and Jason Vieira of Pacific Coast Commercial represented the Seller, and Colton Speas of Pacific Coast Commercial represented the Buyer.

Bradford Allen/TCN Worldwide Completes 35,000 SF of Leasing in Downtown Chicago

Member Deal Announcement: Jeffrey A. Bernstein and Laurence B. Elbaum, Principals and Co-Founders of Bradford Allen, are pleased to announce the firm’s Downtown Agency Services practice has completed three new leases for a total of 35,000 square feet in downtown Chicago.

Whitebox Real Estate/TCN Worldwide Represented Matador Capital Partners, LLC in a 2,954 SF Lease at 5956 Sherry Lane in the Prestigious Preston Center Area of Dallas

Member Deal Announcement: Whitebox Real Estate, LLC was pleased to represent Matador Capital Partners, LLC on their new lease at Sherry Lane Place. The 2,954 SF lease is located at 5956 Sherry Lane in the prestigious Preston Center area of Dallas. Grant Pruitt & Brendan Zrowka of Whitebox represented Matador Capital Partners, LLC.

Long & Foster Commercial Division/TCN Worldwide Welcomes Jake Silverman

Member Deal Announcement: Jake Silverman has joined the Commercial Division of Long & Foster Real Estate in Tysons, Virginia. Silverman specializes in commercial investment, leasing, and sale transactions in the District of Columbia (D.C.), Maryland and Virginia markets.