TCN netWORKING: TCN Worldwide Deals, Industry News and Weekly Highlights (7.2.24)

TCN netWORKING: TCN Worldwide Deals, Industry News and Weekly Highlights (7.2.24)

TCN CRE Topics: Tax Deferred Exchange


CRE Industry News, Top Stories:

Shopping Center Leasing Hits Fastest Pace In 2 Decades

It’s taking less and less time to execute leases in shopping centers across the U.S., as demand for retail space has risen after years of limited construction.

NAREE Special Report: There’s Real Estate and Then There’s Real Estate

Every CRE asset isn't a CBD office building, and every CBD office property isn't the same.

3 Ways Artificial Intelligence Can Help Reduce Risk for Facility Managers

With new tools come new benefits and new efficiencies, but also new risks. Here’s what you need to know about AI and FM. ?


TCN News, Deal Announcements & Member Highlights:

TCN Worldwide - Celebrating 35 Years!

It is with immense pride and gratitude that we celebrate the 35th anniversary of TCN Worldwide. It's been an incredible journey since we started on this day in 1989.

Premier Commercial Real Estate Services/TCN Worldwide Awarded the Disposition of all Indiana CVS Outlots

Premier Commercial Real Estate Services is proud to announce that it has been awarded the disposition of several CVS outlots & sublease listings across the state of Indiana. This significant assignment includes properties around northern & central Indiana, with more locations to come. “We are honored to be entrusted with the disposition of these high-value CVS properties,” said Pete Alveal, Principal at Premier Commercial. “Our team is committed to maximizing the potential of these assets & providing exceptional service to our clients & stakeholders.”

Vision Commercial/TCN Worldwide in DFW Inks Nearly 30K SF of New and Extended Leases

Vision Commercial Real Estate is proud to announce nearly 30,000 SF of new leases and lease renewals to the City Line Business Center in Richardson. Vision Commercial Capital Group purchased the property at 2050 N Plano Road in July 2022, and made nearly $1 million dollars of major improvements to the 75,000 SF business center, including exterior painting, landscaping upgrades, roof replacement, re-striping of the parking lot, and upgrades to the common areas.


About TCN Worldwide:

TCN Worldwide, a consortium of independent commercial real estate firms, provides complete integrated real estate solutions locally and internationally. Established in 1989, TCN Worldwide stands as a prominent figure in the commercial real estate industry, ranking among its largest service providers. As an alliance of premier independent brokerage firms serving more than 200 primary and secondary markets worldwide, TCN Worldwide provides comprehensive integrated solutions across North America, Asia, Europe, the Middle East, and Australia.

With an expansive array of real estate services and an unwavering commitment to exceeding client expectations, TCN Worldwide member firms represent approximately $47.3 billion in transactions annually across 70+ offices and more than 1,500 commercial real estate professionals.

For more information on TCN Worldwide, visit www.TCNWorldwide.com.

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