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

H. Ross Ford III, president & CEO of TCN Worldwide Real Estate Services, is pleased to announce the addition of four new TCN Worldwide offices in Columbus, Pittsburgh, Buffalo, and Rochester. Expanding their TCN Worldwide footprint, Hanna Commercial Real Estate/TCN Worldwide will be serving these markets alongside TCN Worldwide’s newest member firm, Jabe Companies Commercial Real Estate, who will represent TCN Worldwide as the retail commercial real estate specialist in Pittsburgh.

“We are very pleased to kick off 2023 announcing the expansion of TCN Worldwide’s global market coverage with four new offices in the North East,” stated Ross Ford. “The addition of offices in Columbus, Pittsburgh, Buffalo, and Rochester serves as the foundation to build relationships and meet the real estate needs of clients throughout the region.”

2023 Unlikely to Bring a Large Wave of CRE Distress, Predicts Walker & Dunlop Exec

Wealth Management Real Estate: Chief investment officer Marcus Duley expects to see some foreclosures, but there’s plenty of rescue capital still in the market, he notes.

COVID-Era Lease Provisions: What Landlords and Tenants Are Trying to Cement

Commercial Observer: First and foremost is flexibility, followed by protections against cataclysms like... knock on wood... another pandemic.

How Walkability Impacts CRE Markets

Commercial Real Estate Executive: A new report by Smart Growth America shows how walkable urban areas impact office, retail, and other CRE asset types across the nation.

Vote for TCN Worldwide in Lipsey's 2023 Top 25 CRE Brand Survey

TCN Update: For more than two decades The Lipsey Company has set the standard for the commercial real estate industry’s most recognizable brands by publishing its annual Top 25 Brand Survey. Please take a moment to vote for TCN Worldwide as one of your most recognizable brands!

Norris & Stevens, Inc./TCN Worldwide Brokered a $12M Apartment Sale in Portland, Oregon

Member Deal Announcement: Midland Apartments, LLC recently completed the $12,000,000 purchase of El Moro Apartments, located at 2016 SE 122nd Ave in Portland, Oregon. Originally constructed in 1966, El Moro Apartments, now called Midland Apartments, is a market rate apartment community consisting of 94 total units. David C. Chatfield and Timothy S. Mitchell with Portland-based Norris & Stevens, Inc. represented the Seller, El Moro, LLC, and Buyer in the transaction.

Forte Real Estate Partners/TCN Worldwide Completes Sale of 33,470 SQ.FT. NE Minneapolis Industrial Building for $4.5M

Member Deal Announcement: Forte Real Estate Partner’s Phil Simonet, John Young, CCIM, and Joseph Schultz completed the sale of 2301 Traffic Street NE, a 33,470 sq. ft. warehouse/distribution property located in the much-desired Mid-City Industrial Park in Minneapolis, Minnesota. “The strong sale price demonstrates the continued demand for well-located, functional industrial properties,” said Phil Simonet, Principal-Forte Real Estate Partners.