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

TCN Worldwide Deals, Industry News and Highlights
  TCN Assignments
New Assignment!

Ben Azulay at Bradford Allen Realty Services/TCN Worldwide in Chicago referred a tenant representation assignment to Dave Morgan at Richard Bowers & Co./TCN Worldwide in Atlanta.

  CRE Industry News, Top Stories

Cap Rates May Be On The Road To Stabilization, Investors Say

Although economic headwinds are still blowing, investors are optimistic that capitalization rates have reached their peak and will stabilize soon.

Compstack 2023 Office Market Overview Report

Delve into national gateway market trends and learn more about how 2024 and 2025 mark major years for lease expirations across major U.S. Gateway Markets.

Apartment Rents Rise Nationally for First Time in Seven Months

Asking rents for apartments posted their first nationwide increase in more than seven months in February, Yardi Matrix said Wednesday. The average U.S. asking rent rose $1 to $1,713 in February, up 0.6% year-over-year, while occupancy decreased 60 basis points Y-O-Y to 94.5% as of January.

  TCN News, Deal Announcements & Member Highlights

Norris & Stevens, Inc./TCN Worldwide Brokers $4.75M Sale of The Couve Apartments in Vancouver, Washington

F. Raymond and Grace E. Lester Family LP recently completed the $4,750,000 purchase of The Couve Apartments, a 15-unit multi-family property located at 7308 NE 51st St in Vancouver, Washington. The Couve is a 15,485 square foot multifamily asset made up of a single three-story building located in the Walnut Grove neighborhood of Vancouver, Washington. Constructed in 2023, the property benefits from its walkable location to the Vancouver Mall, Class A retail/restaurants, and public transit. David C. Chatfield and Cameron Mercer with Portland-based Norris & Stevens, Inc. represented the Buyer and the Seller, Genesis Rentals, LLC, in the transaction.

Unique Properties/TCN Worldwide is Proud to Announce the Sale of a Rare Freestanding Warehouse in Golden, CO for $2,700,000

Unique Properties, Inc. / TCN Worldwide, Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, is proud to announce the sale of 13280 W 43rd Drive, Golden, CO 80403. The Seller, Baystone LLC, was represented by Brett MacDougal and Michael DeSantis, Vice Presidents with Unique Properties, Inc. / TCN Worldwide. The property sold for $2,700,000 or $238.09/SF.

Starboard Commercial/TCN Worldwide: "Remote Selling Challenges: Navigating the New Normal in Sales"

As we continue to adapt to the ever-evolving landscape of business, one aspect that has undergone a significant transformation is sales. With the rise of remote work and digital communication, the traditional methods of selling have been replaced by remote selling. While this shift offers many opportunities, it also presents unique challenges that salespeople must navigate effectively. In this newsletter, we’ll explore some of the key challenges faced by today’s sales professionals in the realm of remote selling.

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