|TCN Worldwide Deals, Industry News and Highlights|
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| TCN Assignments|
Mark Wood at Moody Rambin/TCN Worldwide in Houston, TX referred an office disposition assignment to Alison Blalock, CCIM; Karen Higgins, CCIM; and Kelsey Zickefoose, MBA at WestMark Commercial/TCN Worldwide in Lubbock, TX.
| CRE Industry News, Top Stories|
Why Now Might Be the Right Time for a Like-Kind Exchange
Wealth Management Real Estate: One way to mitigate the impact of a failed exchange is “tax straddling,” which involves timing the exchange so the sale falls in one tax year and the receipt of proceeds in the following year.
Shopping Malls Being Reborn as ‘Micro-Cities’ by a New Wave of Investors
TheMessengerBusiness: All signs point away from investing in shopping malls, which have been branded as dead or dying. Centennial and Pacific Retail Capital Partners are betting big that malls being left for dead can have a second life, turning them into 24/7 communities that include housing and live events.
5 Ways to Hold Down Construction Costs
Commercial Property Executive: Cost overruns can undermine the viability of any construction project. That’s why—for developers, owners, or contractors—an ounce of prevention via clearly defined contracts upfront is worth pounds of cure that are applied once problems set in.
| TCN News, Deal Announcements & Member Highlights|
Barclay Street Real Estate/TCN Worldwide in Calgary - Celebrating 50 Years - Community and Commercial Real Estate Come Together at Barclay Street
Member Announcement: Congratulations to our Calgary & Edmonton affiliate, Barclay Street Real Estate — celebrating 50 years of service this year! David Wallach knows that it’s not enough to just take care of the properties in Barclay Street Real Estate’s vast portfolio; to be successful, he has to take care of people, too. This realization has evolved over decades and has only made his business stronger. Now in its 50th year, the firm has grown from its beginnings as commercial real estate brokerage firm Torode Realty in 1973 to expanding into property management under the rebranded Barclay Street Real Estate banner.
|Johnson Group Commercial Real Estate/TCN Worldwide in Reno, NV Celebrates Successful Sale of Prime South Meadows Land for $3,100,000|
Member Deal Announcement: Johnson Group Commercial Real Estate announced the successful completion of a significant land sale transaction in South Meadows, Reno. A prime 2.73-acre parcel of land has been sold for an impressive $3,100,000.
Signature Associates/TCN Worldwide Honored as a Seven-Time Recipient of Crain's Detroit Best Places to Work Award
Member Announcement: Signature Associates/TCN Worldwide is proud to announce that it has once again been recognized as one of Crain's Detroit Best Places to Work, formerly known as Cool Places to Work. This marks the seventh consecutive year that Signature Associates has received this prestigious award!