TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

Congratulations to Levrose Commercial Real Estate/TCN Worldwide in Scottsdale and Barclay Street Real Estate/TCN Worldwide in Calgary on this recently completed transaction!

Triumph Real Estate Investment Fund, a Canadian Investment Fund associated with TCN member firm Barclay Street Real Estate, is pleased to announce the sale of its wholly-owned Metro Phoenix shopping center “Triumph Glendale Crossing” for gross sale proceeds of $4,100,000 USD in October 2021.

Triumph Glendale Crossing, a 10,466 square foot shopping center located in Glendale, Arizona, was purchased by Triumph in January 2017 for $3,025,000 USD. The property, which was 100% leased at the time of the sale, has several outstanding tenants, including T-Mobile, Jersey Mike’s & Western Dental.

Both the purchase in 2017 and sale of the property in 2021 were handled by Keri Davies, Jason Reddington, and Jon Rosenberg of LevRose Commercial Real Estate/TCN Worldwide in Scottsdale, AZ.

Bradford Allen New York Joins TCN Worldwide As New York City Market Affiliate

Citybiz—Chicago, New York Commercial Real Estate: Newly launched office for Bradford Allen sole Manhattan-based affiliate for global independent brokerage network.

3 Trends Dominating CRE Today

Commercial Real Estate Executive: Veteran industry analyst Alexander Paul pinpoints the issues that need to be closely watched.

Snarled Supply Chain Is Making U.S. Warehouse Shortage Worse

Wealth Management Real Estate: A complex web of factors, from labor shortages to antiquated infrastructure, is forcing logistics managers to scramble for space.
 

Norris & Stevens, Inc./TCN Worldwide in Portland Brokers $2.7M Sale of Dollar General in Amity, OR

Member Deal Announcement: Steelman Properties, LLC recently completed the $2,700,000 purchase of Amity Dollar General Store, an approximately 7,489 square foot retail property located at 102 South Trade Street in Amity Oregon. The buyer is holding the property for investment purposes. Thomas McDowell, Raymond Duchek, and David C. Chatfield with Portland-based Norris & Stevens, Inc. represented the Buyer in the transaction.

Moody Rambin/TCN Worldwide in Houston Selected as the Exclusive Leasing and Property Management Firm by Aurora Power Resources, Inc.

Member Deal Announcement: Moody Rambin is pleased to announce it has been selected as the exclusive leasing and property management firm by Aurora Power Resources, Inc., the owner of 6221 & 6217 W Sam Houston Parkway, located in Houston, Texas.6221 W Sam Houston Parkway is a 25,050 square foot office building located in the West Belt submarket. The second asset, 6217 W Sam Houston Parkway, is a 22,971 square foot warehouse building located in the Northwest Inner Loop submarket.

Whitebox Real Estate/TCN Worldwide in Dallas, TX Represented Outsource, LLC to Sublease Their 2,907 SF Suite at 3400 Carlisle Street in Uptown, Dallas

Member Deal Announcement: Whitebox Real Estate, LLC recently worked with Outsource, LLC to sublease their space at 3400 Carlisle. The 2,907 SF suite is at 3400 Carlisle Street in Uptown, Dallas. Ben Crancer & Brendan Zrowka Whitebox Real Estate represented Outsource, who specializes in the placement of low-voltage and electrical talent across the United States, in the disposition.

Starboard CRE’s David Cotton Gets Inducted into The International Swimming Hall of Fame

Member Announcement: We are proud and honored to announce Starboard’s long-time leasing and sales associate, David Cotton, has been awarded the 2021 Honor Masters Diver at the International Swimming Hall of Fame Induction Ceremony. David’s background in diving brings a unique skillset to Starboard and his clients. His hunger for excellence translates to his work as a commercial broker.