TCN netWORKING: TCN Worldwide Deals, Industry News and Weekly Highlights (1.28.25)
TCN Assignments:
Congratulations! Bradford Allen Realty Services/TCN Worldwide in Chicago completed a tenant representation assignment with Sitar Realty Company/TCN Worldwide in New Jersey. Ben Azulay at Bradford Allen initiated the assignment and worked with William Sitar Jr. at Sitar Realty to complete this transaction in Pavilion Professional Center located at 74 Brick Boulevard, Brick, NJ.
CRE Industry News, Top Stories:
Corporations are reevaluating office space utilization to meet employees' demand for an experience. What does that mean? Here are the top trends in office placemaking.
Several measures of data show consecutive monthly growth, according to CoStar
For the end user, it’s all about ease. For the operator, it’s about efficiency. While the return-to-office tug-of-war slows down, the coworking sector is entering steady, predictable growth territory. This makes it an ideal time for fine-tuning tech tools—from coffee service to lead generation. ?
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TCN News, Deal Announcements & Member Highlights:
Belmont VA LLC recently completed the $3,120,000 investment purchase of a warehouse/office building located at 1919 SE Belmont Street in Portland, Oregon. Constructed in 1961, the approximately 12,000 square-foot single tenant building is situated on 0.46 acres, including a parking lot with 16 spaces. The flex building is comprised of 8,400 square feet of warehouse space, and 3,600 square feet of office space. Tim Pfeiffer with Portland-based Norris & Stevens, Inc. represented the Buyer.
Activ Property Services/TCN Worldwide, a trusted leader in commercial real estate, is proud to announce its role in securing a 6,000 m2 (approximately 64,500SF) lease for Sellpy, one of Europe’s foremost leaders in sustainable fashion. This strategic transaction marks Sellpy’s expansion in Romania and a significant milestone for sustainable retail in the region.
Starboard CRE closed 146 transactions in 2024 and announced their top producers. Congratulations to Hans Hansson, Craig Hansson, Barry R. Bram, and Mark Meier! In addition, Starboard welcomed six new agents: Javier Rodriguez, Kevin Honda, Zak Orlando, Michael Simler, Ted Lee, and Jason Pleasants.
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.