TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights
  TCN Assignments

Chris Ly of McKinney Capital & Advisory/TCN Worldwide in San Diego has accepted a retail referral for a cannabis company looking for a retail location from Mark Meier at Starboard Commercial/TCN Worldwide in San Francisco.

Richard Gumbiner of Starboard Commercial/TCN Worldwide in San Francisco has referred an assignment to Maryan Smith of Long & Foster Commercial/TCN Worldwide in Vienna, VA.

  CRE Industry News, Top Stories

Starboard Commercial Real Estate/TCN Worldwide Chosen as Exclusive Agent To Sell or Lease Historic 895 O'Farrell Street

SF Gate: 895 O'Farrell has been put on the market by Starboard Commercial Realty. The rent being sought on a 5-10 year lease is $39,000 per month. Susan Jordan the listing agent for Starboard told KTVU that the landlord is “looking for about $10 million” to sell the 12,920 square foot property.

Identifying Lucrative Value-Add Multifamily Opportunities as the Cycle Lengthens

National Real Estate Investor: There are ways to drive returns on value-add multifamily investments without spending a fortune on redevelopment.

Institutional Investors Plan to Up Their Allocations to Real Estate in 2019

National Real Estate Investor: A new report found global institutional investors will target real estate allocations of 10.6 percent on average in 2019.
  TCN News, Deal Announcements & Member Highlights

Barclay Street Real Estate/TCN Worldwide in Calgary Helps Enerflex Ltd. in Multi-Million Dollar Sale!

Member Deal Announcement: Barclay Street worked with one of Canada’s largest oil and gas manufacturing companies in the sale of 3905 Allard Avenue, Leduc, Alberta. Barclay Street Real Estate represented the seller in a sale transaction that is valued at nearly $11 million dollars for a 51,747 sq. ft. industrial facility.

Price Edwards/TCN Worldwide in Oklahoma City Brokers $3,247,500 Northwest OKC Apartment Sale

Member Deal Announcement: Price Edwards & Company handled the sale of Mt. Vernon Apartments, a 92-unit apartment community located in northwest Oklahoma City. It was purchased for $3,247,500 after receiving multiple offers from qualified buyers.

The Storage Acquisition Group, a division of Mid-Atlantic Commercial Real Estate/TCN Worldwide, Announces the Sale of Delk Road Self Storage in Marietta GA

Member Deal Announcement: The facility totals over 144,000 gross square feet and has 883 storage units. The property offers climate-controlled units, electronic gate access, video surveillance and an excellent location along I-75.

Moody Rambin/TCN Worldwide Signed a Roughly 19,000 SF Lease with UBS Wealth Management USA at Town Centre I, a Class A Office Building in Houston.

Member Deal Announcement: UBS to Relocate Galleria Branch to West Houston. The new office at Town Centre I will feature a modern, open-plan design with large windows. The relocation is scheduled for March 2019.

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