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Building Purchase

TCN Worldwide Named in the Top 25 Commercial Real Estate Brands for 2020

We are proud to announce that once again TCN Worldwide has been named in the top 25 for Lipsey’s Top Brand Survey. Each year the Lipsey Company performs a survey to establish the most recognizable names inside of the Commercial Real Estate Industry and this year TCN Worldwide increased its brand recognition moving up two spots. Thank you to all who voted, and especially our TCN members!
Learn more about Lipsey’s Top Brand Survey here: https://lipseyco.com/top-commercial-real-estate-companies/

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Minneapolis Building Sells to Development Firms

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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Press Release | Young Represents Warners’ Stellian in Building Purchase

Minneapolis, Minnesota – Paramount Real Estate Corporation’s, John Young, Vice President of Sales and Leasing, represented Warners’ Stellian in their purchase of an 80,000 square foot industrial building in Minneapolis at 2601 Broadway Street Northeast. The building will house a new retail store and will be a main distribution point for various appliances sold by the company. Mr. Young helped Warners’ Stellian identify the building, negotiate for its purchase, secure approval from Minneapolis’ Planning Commission, and guide the company through its due diligence.
The building was home to Boyer Ford Trucks, who moved to another location in Minneapolis. Boyer did not need the large warehouse and wanted to right-size its operation. The building is located just east of Stinson Boulevard on the north side of Broadway. It has great visibility from I-35W and easy access from Stinson Boulevard and Industrial Boulevard.
Warners’ Stellian is a 60-year old family operated business specializing in appliance sales. They have nine retail locations across the Twin Cities. Their commitment to customer service is matched by their commitment to the environment. They recycle all of the packaging from the appliances and utilize more fuel efficient vehicles that automatically shut off after five minutes of idle.