TCN Worldwide Deals, Industry News and Highlights
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| TCN CRE Topics: Tax Deferred Exchange |
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| CRE Industry News, Top Stories |
Are Co-Warehousing Solutions a Game-Changer for Industrial?
Co-warehousing solutions are rising in popularity as solid alternatives for the surging number of small businesses and users with short-term needs. More than 5.5 million new business applications were filed in 2023 alone, according to Census data, a record-breaking number. |
Will Offices Come Back In Fashion? Contrarian Buyers Are Betting Millions On It
Jordan Menashe is excited about the future of office buildings. His family-run firm, Menashe Properties, has acquired four office properties in the last 10 months and is eyeing another. |
IBM Opens Manhattan Flagship Office
IBM has opened its 270,000-square-foot flagship office at One Madison Avenue, a 1.4 million-square-foot building in Manhattan. Designed by Gensler, IBM’s space features a 300-person auditorium, a 25,000-square-foot rooftop terrace and a bar, as well as a separate, expansive street-level lobby.
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| TCN News, Deal Announcements & Member Highlights |
Shannon Waltchack/TCN Worldwide in Birmingham Closes on 80K SF Shopping Center in Winston-Salem, NC
SWNC III, Shannon Waltchack’s third investment fund, proudly announces its first acquisition in the Piedmont Triad MSA with the purchase of Southside Square, an 80,240 SF neighborhood retail center comprised of five separate buildings. “We are thrilled to add this iconic location to our portfolio. For over 35 years, this site has been the central hub for shopping in Kernersville, starting with K-mart in 1988 and continuing with Target in 2002. As the Piedmont Triad has grown by over 60% since 2000, we are excited to capitalize on this growth and continue to serve the evolving needs of our community.” said SW Partner Derek Waltchack.
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Ryan Flint, SIOR, President & CEO at HG Manor Real Estate Group/TCN Worldwide Brokers the Sale of the Famous Dansie Building in Kaysville
Ryan Flint, SIOR, President & CEO of HG Manor Real Estate Group, is pleased to announce the successful brokerage of the historic Dansie Building in Kaysville, Utah. Flint represented both the seller and the new owner in this significant commercial real estate transaction. "It was my privilege to broker the sale of the famous Dansie Building, representing both the seller and the new owner," said Flint. "I love when commercial real estate tells an amazing story. I have represented the buyer, now the new owner of Dansie, for over 11 years. To watch where they started to seeing where they are today is incredible. I’m so grateful for good people and loyal clients. It means the world to me."
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Forte Receives 2024 Best Places to Work Honor by Minneapolis/St. Paul Business Journal
In its annual workplace recognition, the Minneapolis/St. Paul Business Journal recognized Forte Real Estate Partners as a Best Places to Work honoree in the extra-small business category, which is defined as having between 10-24 employees. To read the full article, follow the link to the MSP Business Journal: http://bit.ly/3AzpRtE
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