TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Weekly Highlights
  2024 TCN Worldwide Fall Conference - Downtown Calgary

We are thrilled to announce the highly anticipated 2024 TCN Worldwide Fall Conference is set to take place from September 22-25 at the Calgary Marriott Downtown. Hosted by TCN Worldwide's Calgary and Edmonton affiliate, Barclay Street Real Estate, this event promises to be an exceptional gathering that you won't want to miss! Be sure to mark your calendars and save these dates!

  CRE Industry News, Top Stories

Do the Sales of Two Big Real Estate Loan Portfolios Signal a Thawing Market?

Wealth Management Real Estate: Opportunistic investors have snapped up loan portfolios in some of the first moves attempting to capitalize on distressed real estate.

U-Turn Permitted: Companies Rethinking Office Abandonment After RTO Mandates

Bisnow: With more businesses implementing return-to-office mandates and adding more teeth to those they have in place, some of the country’s best-known companies are doing something large enterprises don’t like to do: They’re reversing course.

Industrial Sector Continues Growth Amid Rising Rates

Commercial Property Executive: The sector is prospering, driven by reshoring and e-commerce trends, according to the latest CommercialEdge report.
  TCN News, Deal Announcements & Member Highlights

$40 Million 10-Year Industrial Lease Secured at First Logistics Center @ 283 in Elizabethtown, PA

Member Deal Announcement: Landmark Commercial Realty is pleased to announce the successful completion of a significant industrial lease transaction at the First Logistics Center @ 283 Industrial Park. JAS Worldwide, a global leader in freight forwarding and logistics solutions, has committed to a long-term lease agreement for a ±350,000 square-foot industrial facility, with a total lease value of $40 million over the next decade.

Unique Properties/TCN Worldwide is Proud to Announce the the Sale of the Golden Overlook Development Site Consisting of +/- 27 Acres in Golden, CO for $7,000,000

Member Deal Announcement: The subject property, Golden Overlook, is a sprawling parcel of commercial land comprised of over 27 Developable Acres located in the picturesque city of Golden, Colorado with unbelievable views, and a highly visible, well-known location at the Southeast Corner of I-70 & C-470. The property offers direct access to the Rocky Mountains, Downtown Golden, 6th Ave, I-70 and all of Denver Metro Area. Brett MacDougall and Michael DeSantis, Vice Presidents, with Unique Properties, Inc. / TCN Worldwide, represented the Seller in this transaction.

Norris & Stevens, Inc./TCN Worldwide Brokers $1.3M Investment Sale in Portland, Oregon

Member Deal Announcement: Meidi, LLC recently completed the $1,398,000 purchase of an industrial/office building located at 2316 NE Glisan Street in Portland, Oregon. Constructed in 1953, the approximately 5,140 square foot office/industrial building is situated in the trendy Kerns neighborhood of northeast Portland. Greg Nesting and Gabe Schnitzer with Portland-based Norris & Stevens, Inc. represented the Seller, TJR, LLC.

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