Principal Associates Joins International Real Estate Organization TCN Worldwide

    DETROIT, MI, June 09, 2010 /24-7PressRelease/ -- H. Ross Ford, president and CEO of TCN Worldwide, has announced Principal Associates as the newest member to join the international commercial real estate organization. Principal Associates/TCN Worldwide is a full-service commercial real estate firm specializing in office, high-tech, industrial, and retail properties, offering a full range of sales and leasing services throughout the Detroit Metropolitan area.

"We are extremely honored to join TCN Worldwide, one of the industry's leading commercial real estate organizations," stated Peter Ventura, managing member and CEO of Principal Associates/TCN Worldwide. "We are pleased to join the ranks of the many prestigious firms already a part of TCN Worldwide and are confident that this new alliance will give Principal Associates an edge in an increasingly competitive market. This partnership will be an asset to our company, providing us the ability to offer our clients an expanded array of services on a local, national and international basis."

It is a great pleasure to welcome Principal Associates as our newest member firm," stated Ross Ford. "Detroit has been an important target market for TCN Worldwide and we are pleased to welcome one of the leaders in the marketplace to our organization. Principal Associates/TCN Worldwide is highly respected in the Detroit marketplace and is a perfect example of the type of strong independent firm we attract to TCN Worldwide. We look forward to Principal Associates' contribution and collaboration as we continue to grow as an organization."

About Principal Associates/TCN Worldwide

Founded in 2008, Principal Associates is a commercial real estate firm serving both large and small companies and investors in the full range of real estate brokerage and advisory activities. Principal Associates has expertise in corporate facility acquisition, disposition and relocation, tenant representation, investment property analysis, acquisition and sales, land acquisition and sales, land rezoning and site plan approval and property management and construction.

For more information about Principal Associates/TCN Worldwide, contact Peter H. Ventura or David Plumley at 248-358-0100 or visit www.principal-tcn.com.

About TCN Worldwide

TCN Worldwide, a consortium of independent commercial real estate firms, provides complete integrated real estate solutions locally and internationally. With approximately $20.7 billion in annual transactions and over 80 million square feet of space under management, the organization 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 1,200 commercial real estate professionals serving more than 200 primary and secondary markets worldwide.

For more information on TCN Worldwide, contact H. Ross Ford or Claudia E. Crow at 972-769-8701 or visit www.tcnworldwide.com.

# # #