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

TCN Worldwide Deals, Industry News and Highlights
  TCN Assignments

New Assignment!

Kathy Killion at Long & Foster Commercial/TCN Worldwide in Washington DC referred an industrial tenant rep. assignment to Jim Autenreith at Moody Rambin/TCN Worldwide in Houston.

  CRE Industry News, Top Stories

Retail Leasing Trends to Watch in 2023 and Beyond

Commercial Property Executive: Experts elaborate on the sector’s performance, who's driving activity and what a recession could bring.

Why New AI Tools May Finally be The Tech that Shakes Up Real Estate

Bisnow: Real estate may not be at the head of the pack when it comes to the use of AI. Yet large language model tools like ChatGPT, developed by OpenAI, are already being widely used, bringing the potential to dramatically change what it means to work in CRE, and raising philosophical and practical questions along the way.

Despite Turmoil in Commercial Real Estate, Several Subsectors are Still Attractive

Institutional Investor: In the commercial property market, the fundamentals for multifamily housing and industrials remain robust.

  TCN News, Deal Announcements & Member Highlights

Unique Properties/TCN Worldwide in Denver Sold a 49-Unit Four Property Multifamily Portfolio in Loveland, CO for $7.25 Million

Member Deal Announcement: Congratulations to Unique Apartment Group on another exciting sale! Unique Properties' Unique Apartment Group sold the 49-Unit four property multifamily portfolio in Loveland, CO for $7,250,000 ($147,959 per unit).

Chicago Real Estate Resources/TCN Worldwide Brokered the Sale of 5743-45 N. Broadway in Chicago for $1.9M

Member Deal Announcement: CRER (Chicago Real Estate Resources Inc.) is pleased to announce the successful sale of the property located at 5743-45 N. Broadway in Chicago’s Edgewater Neighborhood. The property, listed by CRER Senior Director Michael Weaver, has been sold off-market for a price of $1,900,000.

Forte Real Estate Partners/TCN Worldwide: "Lease Expiring in Two Years? See Our Lease Negotiation Tips"

Member Article: Eighteen months used to be plenty of time for lease negotiations, and to renovate or construct new space. Today, that may not be enough time. With longer construction timelines and continued supply chain constraints on technology components, any business with two years left on their lease should begin the evaluation to stay or relocate as soon as possible. For organizations considering a new development, two years is definitely not enough time.

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