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

TCN Worldwide Deals, Industry News and Highlights
  Visit TCN Worldwide at ICSC Las Vegas: Booth 2866K - Central Hall!

New Booth! New Booth Number—Same Great Location! Visit TCN Worldwide and our member firms at Booth 2866K in the Central Hall at the corner of 28th Avenue and K Street.

TCN Worldwide and its member firms offer the local market expertise that you demand coupled with the resources of a global commercial real estate organization. With over 1,500 commercial real estate professionals serving more than 200 primary and secondary markets worldwide, TCN Worldwide ranks in the Top 10 among global commercial real estate organizations and is one of the largest and most comprehensive service providers in the CRE industry. Visit the TCN Worldwide booth at this year's ICSC Las Vegas to learn how our brokers can serve your current and future real estate needs.

ICSC Las Vegas is just around the corner! We'll see you there!

  CRE Industry News, Top Stories

Despite Panicked Headlines, Banks Continue to Finance Commercial Real Estate Transactions

Wealth Management Real Estate: Many of the articles forecasting a devastating credit crisis in the commercial real estate sector have been based on incorrect assumptions and don’t accurately reflect what's happening with bank lenders, according to WMRE sources.

Today’s Most-Desired Office Amenities

Commercial Property Executive: A new survey by design firm SGA highlights both traditional and emerging preferences.

Office Utilization Surges As Spring Emerges

Bisnow: Office space utilization spiked recently, according to separate metrics that track it, published by VTS and Kastle. Demand for office space nationwide rose 31.3% from February to March, according to the latest VTS Office Demand Index.

  TCN News, Deal Announcements & Member Highlights

Pacific Coast Commercial/TCN Worldwide in San Diego Brokered the Sale of Santee Medical Center for $8.2 Million in 1031 Exchange Deal

Member Deal Announcement: Pacific Coast Commercial is pleased to announce the sale of the Multi-Tenant Triple Net Leased investment located at 8760 Cuyamaca Street, Santee, CA. The property sold for $8.2 Million. The Buyer was 200 North Palm Dr., LLC, as part of a 1031 exchange deal. The property was sold by John L Davidson Trust, which was represented by Ken Robak and Brian Crepeau at Pacific Coast Commercial.

Norris & Stevens, Inc./TCN Worldwide Brokers $2.25M Sale of Standalone Retail Building in Portland, Oregon

Member Deal Announcement: Yusuf Iqbal recently completed the $2,250,000 purchase of a standalone retail building located at 16544 SE Division Street in Portland, Oregon. Constructed in 1987, the approximately 12,371 square foot building features a rear secured gated area with a roll-up door, great signage opportunity, and 21 parking spaces on 0.89 acres. Conveniently located on SE Division Street with an average daily traffic count of 31,822 vehicles, the property is within close proximity to ample major retailers. Luis Martin del Campo and Michael Simmons with Portland-based Norris & Stevens, Inc. represented the Buyer and the Seller in the transaction.

Moody Rambin/TCN Worldwide in Houston Promotes Two Senior Associates to Vice Presidents, Acknowledging Their Outstanding Contributions in the Industrial and Investment Division

Member Announcement: Moody Rambin is pleased to announce the promotion of Stephen Ghedi and Sam Rayburn to Vice Presidents in the Industrial and Investment division. With a combined 4.5 million square feet leased and sold, and $225 million in transactions, Stephen Ghedi and Sam Rayburn are among the most dedicated brokers in Houston, always going above and beyond to deliver exceptional service to their clients.

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