TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights
  TCN Assignments

Congratulations! Bradford Allen Realty/TCN Worldwide in Chicago has completed an assignment with Steinborn Commercial/TCN Worldwide in Las Cruces. Ben Azulay at Bradford Allen Realty/TCN Worldwide initiated the tenant representation assignment and worked with Kary Bulsterbaum at Steinborn Commercial/TCN Worldwide to complete the 24-month office warehouse lease.

Anthony Delguyd at Hanna Commercial/TCN Worldwide in Cleveland has referred an industrial tenant representation assignment to Dick Johnson at Chase-Johnson Commercial/TCN Worldwide in Reno.

  CRE Industry News, Top Stories

Economist’s View: How Employees’ Flight to Quality Impacts CRE

Commercial Property Executive: Hugh Kelly takes a deep dive into the implications of rapidly shifting workplace realities.

Commercial Construction Starts, Plans Increase Despite Recession Warning Signs

Bisnow: Construction starts are up and projects in planning rose in May, and experts told Bisnow that isn’t likely to change — at least for well-planned projects in sectors of high demand — even if obtaining financing gets harder and the cost of capital continues rising.

As Consumers Take a Step Back from Home Deliveries, Will Cold Storage Remain a Hot Asset Type?

Wealth Management Real Estate: The dynamics in the cold storage sector are complicated, but the outlook remains strong.

  TCN News, Deal Announcements & Member Highlights

Price Edwards & Company/TCN Worldwide in Oklahoma Brokered the Sale of the Bricktown Parking Garage in Downtown Oklahoma City for $17.25M

Member Deal Announcement: Congratulations to Phillip Mazaheri, CCIM, on the sale of the Bricktown Parking Garage located in the heart of Bricktown in downtown Oklahoma City. The Bricktown Parking Garage sits just north of the Chickasaw Bricktown Ballpark, is 8-stories, consists of 206,598 SF, and has approximately 537 parking spaces. Phillip handled both sides of the transaction.

Mission Valley Office Building Sold for $5,100,000; Pacific Coast Commercial/TCN Worldwide in San Diego Represented Both the Buyer and Seller

Member Deal Announcement: The property was purchased by an owner/user who is planning to relocate to the building upon completion of TIs for their suite. “2555 Camino Del Rio S allowed the buyers to acquire a unique value-add owner/user opportunity with income in the center of the very dynamic Mission Valley submarket,” stated Tommas Golia, Director of Brokerage at Pacific Coast Commercial. Jim Taylor with Pacific Coast Commercial represented the seller and Tommas Golia, Jason Vieira, and Colton Speas at Pacific Coast Commercial represented the buyer.

Norris & Stevens, Inc./TCN Worldwide in Portland Brokers $2.5M Sale in Vancouver, Washington

Member Deal Announcement: 5 Star Investment, LLC recently completed the $2,567,000 purchase of the Fred Meyer Fuel Station, approximately 1.34 acres in retail space located at 14007 NE 3rd Court in Vancouver, Washington. The property is located on the high-traffic commercial corridor of NW 139th street in the Salmon Creek neighborhood of Vancouver. Todd VanDomelen with Portland-based Norris & Stevens, Inc. represented the buyer, 5 Star Investment, LLC, in the transaction.


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