TCN netWORKING:  TCN Worldwide Deals, Industry News and Weekly Highlights

TCN Worldwide Deals, Industry News and Highlights
  TCN Podcast

TCN Worldwide Market Minutes Podcast, Ep. 019 Justin Kessler & Nathan Meisner: Taking Advantage of Disruption in the Office Market; Rightsizing & the Flight to Quality

Justin Kessler & Nathan Meisner with Bradford Allen/TCN Worldwide in Chicago discuss the ever-changing dynamics of the post-pandemic office market; how savvy tenants are taking advantage of this temporary disruption; and how the work-from-home trend has adversely affected younger workers who traditionally benefit the most from in-office mentorships. Learn what safety nets can be built into your lease to allow flexibility while maximizing the opportunities that the current market offers to tenants who wish to right-size or secure more prestigious office space with the amenities to help attract workers back to the office.

Justin Kessler & Nathan Meisner also discuss their recent transaction with Lindsay, Pickett & Postel, LLC (LPP) who was occupying two separate offices on different floors in the same building. Seeking to consolidate to a single, high-class, high-rise space with east-facing views and abundant natural light, the client needed to sublease its existing spaces. Aligning multiple transactions at the same time—Managing multiple timelines and interests with two subtenants and relocating to a new building required some creative thinking and disciplined project management, but Justin Kessler & Nathan Meisner were able to see this deal through to make sure their client closed on each one of these transactions.

Subscribe: Apple Podcasts, Google Podcasts, Stitcher, Spotify

Share using this link:

Please leave us a review! If you enjoy this podcast be sure to give us five stars and leave us a review on Apple Podcasts. 

  CRE Industry News, Top Stories

How the $25B Kroger-Albertsons Merger Could Impact CRE

Commercial Real Estate Executive: In light of the proposed blockbuster merger between Kroger and Albertsons Cos. Inc., real estate executives are pondering what the implications could be for general real estate, as well as grocery-anchored retail stores.

The Widely Used Algorithm Helping Apartment Landlords Jack Up Rents

Bisnow: ProPublica found property management companies are increasingly reliant on RealPage's YieldStar software to calculate pricing for their apartments. YieldStar analyzes data gathered from RealPage clients and uses it to set pricing.

High-Interest Rates Won’t Break the Bank for Apartment Investors

Wealth Management Real Estate: Some sources of financing are drying up, but overall multifamily fundamentals are strong enough to keep funds flowing to borrowers.

  TCN News, Deal Announcements & Member Highlights

Mid-Atlantic Commercial/TCN Worldwide’s Storage Acquisition Group Brokered the Closing of a 717-unit, 68,155 SF, CubeSmart Managed Self-Storage Facility in Swansea, Massachusetts

Member Deal Announcement: The Storage Acquisition Group is pleased to announce the closing of a CubeSmart managed self-storage facility in Swansea, Massachusetts. The facility is located at 262 Swansea Mall Drive, Swansea Massachusetts and offers 68,155 NRSF across 717 units of both climate and non-climate-controlled space. This facility is conveniently located beside Swansea regional shopping mall and just off I-195.

Norris & Stevens, Inc./TCN Worldwide in Portland Brokers $2.3M Sale of 620,294 SF Industrial Yard in Molalla, Oregon

Member Deal Announcement: Dean Leasing LLC recently completed the $2,320,000 purchase of an industrial yard located at 1436 W Main Street in Molalla, Oregon. The approximately 14.24 acres of industrial land consists of 5 adjacent tax lots. Gabe Schnitzer and Greg Nesting with Portland-based Norris & Stevens, Inc. represent the Buyer in the transaction.

Landmark Commercial/TCN Worldwide’s Barb Murdocca Selected to Serve on PAR’s Executive Committee

Member Announcement: Landmark’s Chief Operating Officer, Barb Murdocca, has been selected to serve on the Pennsylvania Association of Realtors (PAR) Executive Committee. She will be representing the commercial sector.


Follow TCN Worldwide on LinkedIn, Facebook & Twitter!