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

TCN Worldwide Deals, Industry News and Highlights
  TCN Assignments

New Assignment!

Anthony Delguyd at Hanna Commercial/TCN Worldwide in Cleveland has referred an industrial tenant representation assignment to Jim Autenreith at Moody Rambin/TCN Worldwide in Houston.

  CRE Industry News, Top Stories

Economist’s View: Why the Old Rules May Not Apply Today in CRE

Commercial Property Executive: Major disruptions, like AI and work from home, are shaking long-standing assumptions, according to columnist Hugh F. Kelly.

Industrial Investors Show More Caution on New Deals

Wealth Management Real Estate: A drop in demand for industrial space amid massive new product deliveries portends a potential glut of new product. Coupled with higher interest rates and worries about a recession, it’s forcing investors to rethink their acquisition strategies.

Office CMBS Delinquency Rates Jump by Most in Almost 5 Years

Investopedia: The office delinquency rate, which increased 125 basis points to 4.02% in May, hasn't been above 4% since 2018, according to a report by CMBS data firm Trepp.

  TCN News, Deal Announcements & Member Highlights

NAIOP Recognizes Hanna Commercial/TCN Worldwide for Prestigious Awards

Member Announcement: Hanna Commercial Real Estate was honored at the 2023 NAIOP Awards of Excellence. The annual event recognizes the best projects, developments, real estate transactions, and individual contributions in the commercial real estate industry in Northern Ohio. Hanna Commercial Real Estate’s Diana Whisenant, SIOR was awarded the “Buckley King” Broker of the Year. Hanna Commercial also was awarded the Transaction of the Year brokered by Julie Sabroff, Diana Whisenant, David O’Neill, and Mac Biggar.

Signature Associates/TCN Worldwide in Detroit Announced the Completion of Several Recent Industrial Transactions

Member Deal Announcement: Signature Associates announced the completion of several recent industrial transactions including an industrial lease for approximately 660,000 SF completed by Joe Hamway and Jim Montgomery; and a 450,000+ SF investment sale that was brokered by Steve Gordon, Luke Timmis, Griffin Pitcher, and Cade Kozlowski.

Starboard CRE/TCN Worldwide in San Francisco Released their Top Notable Transactions for May of 2023

Member Deal Announcement: Starboard CRE is pleased to announce the completion of 12 notable transactions during the month of May, including two sales transactions and ten completed leases.

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