TCN netWORKING: TCN Worldwide Deals, Industry News and Weekly Highlights (4.16.24)
TCN Worldwide Giveaway — TCN Members Have a Chance to Win $100 USD!
We are hosting a giveaway for a gift card valued at $100 USD to one of our members from any of our #TCNAffiliates from across the globe! Visit our Instagram account via the link below and follow all the instructions to enter.
Good luck TCN members! Check out the post on Instagram for a chance to win!
The giveaway ends 4/20/2024 at 11:59 p.m. EDT. One winner will be chosen at random. The winner will be contacted via their official work email associated with their member firm and/or via TCN Worldwide's Instagram account. TCN Worldwide will not reach out to a winner through any other platform or social handle.
CRE Industry News, Top Stories:
More than 80% of global office landlords are seeing an uptick in lease renewals thanks in part to their emphasis on creating elevated workplace experiences, according to the fifth annual VTS Global Landlord Report.
Commercial real estate occupies an important place in the investment universe. It offers diversification benefits, but more importantly, it produces income like a bond, with the ability to also generate at least modest appreciation return. Therefore, CRE investors frequently expect the majority of the return to come from income and the minority from appreciation. Yet while once true, the return composition no longer follows quite that pattern, even for core investment strategies.
Despite the muddy capital markets picture, panelists at CBRE Investment Management’s press luncheon were largely upbeat about fundamentals. ?
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TCN News, Deal Announcements & Member Highlights:
In a landmark collaboration, esteemed Agents Jim Autenreith and Stephen Ghedi of Moody Rambin spearhead the sale of Gateway Industrial Commons, a nine-business park portfolio totaling 622,130 square feet in northwest Houston. Moody Rambin facilitated the sale of Gateway Industrial Commons, representing the seller, HRES Group, and sourcing the purchaser, Pagewood, a locally owned data-driven commercial real estate investment firm headquartered in Houston. This strategic acquisition underscores Moody Rambin's expertise and commitment to delivering top-tier solutions for its clients.
Signature Associates announced the completion of several recent office transactions consisting of over 340,000 square feet including the sale at 2000 Oakley Park Rd in Commerce Charter Twp, MI totaling 56,558 SF.
The world of commercial real estate (CRE) offers an array of property types, each carrying its own unique blend of profit-making potential and associated risks. From swanky office spaces to bustling retail outlets to sprawling industrial complexes, the type of property can significantly sway its investment potential. Let’s dive into this exciting mix and explore how different factors can tip the scales.
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.