The former Java Jacks & Studio 2 Building in Minneapolis will become a new neighborhood hang out with the addition of a yet-to-be-named restaurant. John Young, Vice President Brokerage Services sold the building to a partnership between United Properties and Westwood Hills (a development company). Plans are in the works for a new restaurant, which should be open in late Summer or early Fall. The property garnered several offers and a lot of interest by the adjoining neighborhood. It has been a favorite in the area for a couple decades and now it will have another great community asset, coming soon.
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John Young, CCIM’s transaction with Warner’s Stellian made TCN Worldwide’s-Top Industrial Deals (Q2-2018). Read more: 2018_Qtr2 Commercial Focus. Warner’s Stellian purchased an 80,000 SF industrial building located at 2601 Broadway Street NE, Minneapolis.
TCN Worldwide, a consortium of independent commercial real estate firms, provides complete integrated real estate solutions locally and internationally. With approximately $58.6 billion in annual transactions, TCN Worldwide ranks as one of the largest service providers in the industry. An extensive range of real estate services coupled with a personal commitment to exceed client expectations is what allows TCN Worldwide to be a leader within the commercial real estate industry. Formed in 1989, TCN Worldwide is comprised of over 5,000 commercial real estate professionals serving more than 200 primary and secondary markets worldwide.
Fred Hedberg, President of Paramount Real Estate Corp/ TCN Worldwide (left-front) recently participated as a judge for the 2018 NAIOP Awards of Excellence Building Competition. Their group toured 7 multi-family and industrial/distribution properties throughout the Twin Cities. This photo was taken at the Tractor Museum located at The Moline, a multi-family development complex in Hopkins.
The NAIOP Minnesota Awards of Excellence recognize exceptional developments by NAIOP members and their teams. Projects are reviewed by a panel of judges who tour each project in a given category and rate them on site development, architectural integrity, interior design, integration into the community, market feasibility, unique challenges and LEED certification or sustainable attributes. Building awards will be presented on Thursday, Sept. 27th. #NAIOP, #ParamountRE, #CoolBuildings
JOSEPH SCHULTZ JOINS PARAMOUNT REAL ESTATE CORP | TCN WORLDWIDE
AS LEASING AND SALES ASSOCIATE MINNEAPOLIS, MN. Paramount Real Estate Corp/TCN Worldwide, Bloomington, MN is pleased to announce the addition of Joseph Schultz to the Paramount industrial sales and leasing team. He will be working with Philip Simonet and John Young, CCIM focusing his efforts on agency leasing, new business development and buyer/tenant representation in the southeast and northeast Twin Cities submarkets.
Joseph was born and raised a Minnesotan. He graduated from Saint Thomas Academy and attended college at Gustavus Adolphus College, where he earned a Bachelor’s degree in Economics with a focus in Economic Analysis. He comes to Paramount with real estate experience while previously working as an intern at Cushman & Wakefield before joining Paramount.
In his spare time, Joseph enjoys watching sports, particularly the Minnesota Vikings, and spending time with family and friends.
CoStar Group is proud to announce the 2015 Power Broker Awards.
As the largest research organization serving commercial real estate, CoStar Group is pleased to independently confirm and recognize the most active firms and individual dealmakers in the industry.
On behalf of all of us at CoStar Group, we congratulate all of this year’s winners and offer our best wishes for another successful year.
CoStar Power Brokers Awards Team
Paramount Real Estate Corp | TCN Worldwide promotes Nancy Powell to Vice President of Real Estate Sales. Nancy was also named Paramount’s “Broker of the Year-2015”.
“Nancy is highly respected and trusted by her clients for her market knowledge and sound real estate advice and is a valued member of the Paramount brokerage team”, Principal Fred Hedberg said.
Nancy has diligently worked in the Twin Cities commercial real estate market since joining Paramount Real Estate | TCN Worldwide in 2006. Her brokerage activity is focused on helping office building owners and corporations execute their commercial real estate plans both locally and nationally.
Prior to working at Paramount, Nancy was employed by Best Buy as a Real Estate Manager focusing her efforts on identifying and negotiating new stores as they expanded into new markets.
Nancy brings experience, creativity, market knowledge, and persistence to her clients making her one of the Twin Cities top office brokers.
MINNEAPOLIS, MN. Paramount Real Estate Corp/TCN Worldwide, Bloomington, MN is pleased to announce the addition of Jeffrey Swanson to the Paramount industrial sales and leasing team. He will be focusing his marketing efforts on the southwest Twin Cities submarket.
Jeffrey was born and raised in Eden Prairie, Minnesota, went to college at University of Iowa in Iowa City, IA where he earned a degree in Business and English. He comes to Paramount with over 3 years of outside sales experience working with a variety of businesses from small local companies to Fortune 500 corporations.
In his spare time, Jeffrey enjoys hunting, fishing, snowboarding and wakeboarding. Jeff also enjoys spending time with his family and traveling all over the world.
Paramount Real Estate Corp/TCN Worldwide, a Bloomington, MN based commercial real estate company, provides a full range of services including office and industrial sales and leasing, investment sales, property/asset management, project management, and real estate development services.