TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights

TCN netWORKING

TCN Assignments

Richard Bowers of Richard Bowers & Co./TCN Worldwide in Atlanta and Jim Burnap at Beitler Commercial Realty Services/TCN Worldwide in Los Angeles completed a leasing assignment for 2000SF of medical office space.

John Boyd at Signature Associates/TCN Worldwide in Detroit referred an office tenant rep lease assignment to Nancy Powell at Paramount Real Estate Corporation/TCN Worldwide in Minneapolis/St. Paul.

CRE Industry News, Top Stories

Opportunity Zones, Marijuana-Related Properties and Retail Assets Among Best CRE Bets for HNW Investors in 2019

National Real Estate Investor: Wealth management experts and CRE professionals discuss the types of properties HNW investors should pursue in the coming year.

Fed's Williams expects further U.S. rate increases into next year

Reuters: One of the most influential Federal Reserve policymakers said on Tuesday he expects further interest-rate hikes continuing next year since the U.S. economy is “in really good shape,” reinforcing the Fed’s upbeat tone in the face of growing doubts in financial markets.

Why do all new apartment buildings look the same?

Curbed: A wave of sameness has washed over new residential architecture. U.S. cities are filled with apartment buildings sporting boxy designs and somewhat bland facades, often made with colored panels and flat windows.

TCN News, Deal Announcements & Member Highlights

Norris & Stevens/TCN Worldwide in Portland Brokers Sale of $15.25 Million Office Park

Member Deal Announcement: Norris & Stevens, Inc., is pleased to announce that FKR Properties LLC has purchased Stonemill Business Park from StanCorp Real Estate LLC, dba Stonemill Business Park LLC for $15,250,000.

Price Edwards/TCN Worldwide in Oklahoma City Brokers 40,000 SF OKC Industrial Facility Lease

Member Deal Announcement: Downing Wellhead has leased from Inland Machine and Welding Co. a 40,000 SF industrial building on 6.11 acres located at 2132 SE 15th Street. Since 1980 Downing Wellhead has been one of the leading oilfield pressure control manufacturing companies in the region. They intend to utilize the facility for manufacturing wellhead systems and frac equipment. Danny Rivera with Price Edwards and Company handled the transaction.

Moody Rambin/TCN Worldwide in Houston to Handle the Leasing of Two Office Buildings Owned by Southeast Texas Investments LLC

Member Deal Announcement: Moody Rambin will handle the leasing of two office buildings owned by Southeast Texas Investments LLC: Huntwick Atrium I at 5206 West FM 1960 and Offices at Champions at 5222 West FM 1960 in Houston.

Unique Properties/TCN Worldwide in Denver Announces the Sale of 150 Cooley Mesa Rd for $3.4 Million

Member Deal Announcement: Unique Properties/TCN Worldwide's Sam Leger, Tim Finholm, and Mike DeSantis represented the seller.

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