TCN netWORKING:  TCN Worldwide Deals, Industry News and Highlights

Ron Kassan at Beitler Commercial/TCN Worldwide in Los Angeles has referred a 20,000+ SF industrial assignment to Jon Mook at Barclay Street Real Estate/TCN Worldwide in Calgary.

Fannie Mae Upgrades Economic Forecast Despite Continued Risks

Connect Commercial Real Estate News: The GSE’s Economic and Strategic Research (SR) Group attributed the upgrade to continued strength in consumer spending, and data suggesting that such spending will likely support economic growth through the remainder of the year.

The Evolution of the Modern Office Began Well Before the Pandemic

National Real Estate Investor: COVID-19 is accelerating trends that were already underway for years.

SIOR: More CRE Transactions Stay on Schedule

Commercial Property Executive: The latest survey from the Society of Industrial and Office Realtors finds the percentages of transactions on hold or subject to third-party delays have declined since spring.

Thriving During the Pandemic: Johnstown Single Tenant Property Sells For $11,325,000; Unique Properties/TCN Worldwide in Denver Brokered the Deal.

Member Deal Announcement: Unique Properties, Inc./TCN Worldwide, Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, is proud to announce the sale of 4777 Marketplace Drive in Johnstown (Loveland), CO for $11,325,000 or $87.50/SF. Brett MacDougall, Senior Broker Associate at Unique Properties, Inc, exclusively handled the transaction for the Seller, 6701 Marketplace Dr LLC, and the Buyer, Trailer Source Inc.

Signature Associates/TCN Worldwide in Detroit Announced the Completion of Several Recent Office Transactions Ranging from 4,000 - 30,000+ SF

Member Deal Announcement: Signature Associates announced the completion of several recent office transactions consisting of over 100,000 square feet including the sale of 201 W. Big Beaver Rd. in Troy, MI at 30,408 square feet.

Levrose Commercial/TCN Worldwide in Phoenix Welcomes Marty Maier to the Levrose Family

Member Announcement: Levrose Commercial introduced the newest member of their team, Marty Maier. He will be specializing in commercial industrial sales and leasing in the Metro Phoenix area as a Senior Advisor. We'd say welcome to TCN as well but Marty is a familiar face; previously he was with TCN's Detroit affiliate, Signature Associates/TCN Worldwide. Welcome to Phoenix and warmer winters.

Price Edwards & Company/TCN Worldwide in Oklahoma City Released their 2020 Mid-Year Market Reports for the Office, Retail, and Industrial Sectors

Member Market Report: The first half of 2020 has been like no other year in history. The year began with much concern over a slowing local economy, particularly as it related to the energy industry. Then March arrived and Russia and the OPEC member countries entered into a price war that dropped the price per barrel for West Texas Intermediate crude from $60 per barrel to $13 per barrel by late April. Simultaneously, the entire planet was faced with an international pandemic. Learn more about the Oklahoma City Market in PEC's 2020 Mid-Year Market Reports for the Office, Retail, and Industrial Sectors.