TCN netWORKING:  TCN Worldwide Deals, Industry News and Highlights

It is with great sadness and heavy hearts that we say goodbye to Brian H. Bjornson.

Brian was a long-time TCN member and Chairman of the Board for TCN's Portland affiliate, Norris & Stevens. Inc. Under his tireless leadership, Norris & Stevens has grown to be one of the largest locally-owned, full-service commercial real estate firms in Oregon and SW Washington, employing over 75 people in their downtown Portland headquarters. Survived by his wife Debbie and children Haldan and Anika, he passed away on Tuesday, August 11, 2020, after an extended illness.

As all who met him know, Brian was a larger-than-life figure with a tremendous passion for commercial real estate. He began his career with Norris & Stevens in 1972, and became a majority principal in 1987 along with Robert Stutte. When Mr. Stutte retired in 2014, ownership of the company was transferred to the remaining partners, an Executive Committee was formed naming Mr. Bjornson Chairman. With his remarkable passion, experience, and energy for commercial real estate and property management Brian founded and grew Norris & Stevens' Multi-Family Property Management division to more than 9,000 units under management.

Industrial Short-Term Lease Frenzy Ebbs, But Sector Shines In The Early Third Quarter

Bisnow: Demand for e-commerce services and goods have prompted those users to snap up more warehouse space around the country in order to cater to the growing number of people who are opting to order everyday items online.

Simon Property Group Continues its Shopping Spree, Looks to do More Deals

CNBC Video: CNBC retail reporter Lauren Thomas reports the largest mall owner in the U.S., Simon Property Group, is looking to continue buying properties in the mall and grocery space.

Reopening Offices Safely: NAIOP Offers Best Practices

Commercial Property Executive: A new guide from NAIOP provides strategies to help commercial property owners and tenants return safely to the workplace in the wake of the COVID-19 shutdown.
 

Norris & Stevens, Inc./TCN Worldwide Brokers $18.335M Sale of Westwynd Apartment Homes in Vancouver, WA During COVID-19

Member Deal Announcement: Rise Properties (Westwynd) Limited Partnership, a REIT based in Seattle, Washington, recently completed the $18,335,000 purchase of Westwynd Apartment Homes, a 120-unit multi-family property located at 10117 NE 9th Avenue in Vancouver, Washington. David C. Chatfield, Senior Broker, Multi-family Investments, and Timothy Mitchell, President, with Portland-based Norris & Stevens, Inc. represented both parties in the transaction.

Price Edwards/TCN Worldwide in Oklahoma City Brokers $1,350,000 Sale for 6,262 SF of Office Space

Member Deal Announcement: Robey-IV LLC paid $1,350,000 for a Midtown Office Building located at 1329 N Classen. The converted 1935 residence sits on the intersection of Shartel, Classen Drive and NW 13th and contains about 0.4 acres of land and a 1,000 square foot carriage house. Derek James with Price Edwards & Company handled the transaction.

Unique Properties/TCN Worldwide Represents ATE Ventures in The Sale of an 8,000 SF Cannabis Retail, Industrial Property in Denver for $1.4M

Member Deal Announcement: ATE Ventures has completed the sale of a flex property located at 3819 Quentin St. in Denver. An undisclosed buyer acquired the building as an investment asset for $1.4 million. Greg Knott of Unique Properties/TCN Worldwide represented the seller.

Moody Rambin/TCN Worldwide in Houston Works with APS Building Services to Facilitate an Internship Through Summerhouse Houston for a Young Adult with Differing Abilities, Whose Passion is HVAC

Member Announcement: A young adult with a passion for HVAC gains first-time work experience with the help from APS Building Services, Summerhouse Houston and Moody Rambin. When approached about the possibility of working with Davie, a young adult with Autism, Ron Brittain and Russell Griffin of APS Building Services jumped at the opportunity.