TCN Worldwide Deals, Industry News and Highlights

TCN Worldwide Deals, Industry News and Highlights

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TCN Assignments

TCN Worldwide member firms, Sitar Realty Company and MHP Real Estate Services completed a $3.1 million lease assignment!

Congratulations to William Sitar Jr. at Sitar Realty in New Jersey, who initiated the assignment, and James Tamborlane and Matthew DeRose at MHP Real Estate Services in NYC on the completion of this transaction!

Thomas Ferguson at Premier Commercial Real Estate Services/TCN Worldwide in Indianapolis has referred a tenant rep assignment to Barry Beitler of Beitler Commercial Realty Services/TCN Worldwide in Los Angeles.

Jerry Sullivan at PW Commercial/TCN Worldwide in Chicago has referred a 60,000-square-foot industrial leasing assignment to Tobin Koziol and Adam Targan at Beitler Commercial Realty Services/TCN Worldwide in Los Angeles.

CRE Industry News, Top Stories

The biggest winner in the GOP tax plan is Trump's own industry – real estate
CNBC: Commercial real estate gets lower rates and new breaks in the Republican bills, and trusts that have been key financing sources do especially well. The NYT reports.

Leading Indicators: Drivers of Investment Success for 2018
Commercial Property Executive: The commercial real estate industry has had an evolving year. From sustainability and increases in interest rates to the effects of a changing administration, the market has experienced a mix of positive and negative moments.

CRE Industry Focused on Tax Cuts for 'Pass-Through' Entities as Tax Reform Enters Final Stretch
CoStar: Apparent Victory for Commercial Property Owners as First Major Tax Overhaul in Three Decades Speeds Toward Completion

TCN News, Deal Announcements & Member Highlights

Share ideas and connect with retail real estate professionals. Check out the Mericle Commercial/TCN Worldwide and Arrow Real Estate/TCN Worldwide booths at NY ICSC.
TCN Update: The event has expanded to the third level of the Javits Convention Center, providing ample room for the anticipated 220,000 square feet of exhibitor space, 500 exhibitors and some 10,000 attendees.

Citadel Partners/TCN Worldwide reps GEE Group, Inc. for 9,736 SF office lease in Dallas, TX.
Member Deal Announcement: Taylor Dickerson & Scott Jessen, SIOR, CCIM with Citadel Partners/TCN Worldwide represented the tenant, GEE Group, Inc. in the completion of an office lease for 9,736 square feet at International Plaza III, 14241 Dallas Parkway, Dallas, TX.

Represented by Unique Properties/TCN Worldwide in Denver, DS Real Estate LLC purchased 607 19th St. in Golden, CO for $3.3 million.
Business Denver: Marc Lippitt, Scott Schwayder, Justin Herman and Brett MacDougall of Unique Properties/TCN Worldwide represented the buyer, DS Real Estate LLC.

Starboard Commercial/TCN Worldwide in San Francisco Closes Industrial Condominium Deal in Hayward for $1.9MM.
The Registry, Bay Area Real Estate: The buyer is an owner and investor, and the seller was represented by Jane Woolley of Starboard Commercial Real Estate/TCN Worldwide. The selling price is noted at approximately $225 per square foot.

MHP Real Estate Services/TCN Worldwide in NYC represented Cornerstone Macro in the signing of a relocation lease for 16,300 square feet at 1330 Sixth Ave.
Crain's New York: The economic research firm plans to move from 650 Fifth Ave. into the entire fifth floor of the 40-story building. The asking rent for the 10-year deal was in the high $70s per square foot.

Kirby Collection Signs 3 Office Tenants, Mark Wood of Moody Rambin/TCN Worldwide in Houston represented Regency Centers.
Bisnow: Three long-term office tenants have signed on to Thor Equities' newest mixed-use development in Houston.

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