TCN netWORKING: TCN Worldwide Deals, Industry News and Weekly Highlights (9.10.24)

TCN Assignments:

Congratulations! Hanna Commercial Real Estate/TCN Worldwide in Cleveland completed a tenant representation assignment with Norris & Stevens, Inc./TCN Worldwide in Portland. Brennan Tilow at Hanna Commercial initiated the assignment and worked with Gregory Nesting at Norris & Stevens to complete this transaction.

CRE Industry News, Top Stories:

CPE Executive Council: 2024’s Surprising CRE Trends

The emergence of retail? The return of office? When it comes to the unexpected, this year has it in spades.

Retailers Fight For Space As Sector’s Strong Performance Bucks Doomsday Forecasts

With leasing activity at a five-year high, scant amounts of available new space coming to the nationwide retail market and consumers ready to spend, the so-called retail apocalypse of the 2010s is fading into a distant memory.

Expanding the Potential of Office-to-Housing Conversions

Here’s a new way to find prime candidates, according to the latest CommercialEdge report. ?

TCN News, Deal Announcements & Member Highlights:

LevRose Commercial Real Estate/TCN Worldwide in Scottsdale Brokered the Sale of a 23,000+ SF Flex/Industrial Building for $7,900,000

Just Sold! This ±23,675 SF Flex/Industrial Building located near the highly sought after Scottsdale Airpark closed for $7,900,000. The Kottler team represented the buyer and seller on this transaction. Congratulations to Zak Kottler, Joe Cosgrove, and Hunter Chasse!

Forte Real Estate Partners/TCN Worldwide in Minneapolis-St. Paul Represents Carlisle Fluid Technologies in 120k SF Long Term Lease in Scannell’s Seven Lakes Redevelopment

Carlisle Fluid Technologies (CFT) has entered into a long-term lease for a 120,000 square foot new office and manufacturing space in Scannell’s Seven Lakes redevelopment in Shoreview. Dan Lofgren and Joe Jetland, of Forte Real Estate Partners, represented CFT in the long-term lease. Lofgren and Jetland worked with CFT to find suitable properties in the northern suburbs near the company’s existing operations.

Florida ROI Commercial Property Brokerage/TCN Worldwide in Tampa: "Part 1: Urban Innovations and Sustainability: The Rise of Mixed-Use Developments and Green Buildings"

Tampa is rapidly evolving, with two major trends driving the transformation of its commercial real estate market: mixed-use developments and sustainability through green buildings. These changes are reshaping how spaces are designed and used, making the city an exciting place for businesses and investors. For those looking to capitalize on Tampa’s growth, understanding these trends is essential.

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.