Featured Blogs


Wawa Opening First Modular Drive-Thru Stores

Wawa to open first modular construction drive-thru stores

As Wawa aims for simultaneous expansion across multiple regions, leveraging prefabricated construction methods could streamline the building process and expedite store openings. Constructing the majority of a new building off-site […]

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The WCRE Team Marks our Twelve-Year Anniversary

The WCRE Team Marks our Twelve-Year Anniversary

This week, the WCRE team marks our twelve-year anniversary. Our success is the result of the trust and support we receive from our clients, colleagues, and our community. As we […]

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Real Estate Giant Settles Class-Action Commission Lawsuits

Real Estate Giant Settles Class-Action Commission Lawsuits

Keller Williams Realty has reached a $70 million settlement in nationwide class-action lawsuits, alleging that the National Association of Realtors’ “participation rule” and “cooperative compensation” practices unfairly raised home sellers’ […]

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Office Leasing Activity Increases But Remains Well Below Pre-Covid-19 Levels

Office Leasing Activity Increases But Remains Below Pre-Covid

Office leasing activity has shown signs of improvement in recent months, although it remains below pre-pandemic levels. According to VTS Inc., a commercial real estate leasing and asset-management platform, the […]

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Goldman Sachs Further Backs New York Office-to-Residential Conversion

Goldman Sachs Support for NY Office Conversion

Goldman Sachs to Originate $395 Million Loan for Refinancing of 70 Pine St., a Former New York Office Property Converted to Residential Use Goldman Sachs is set to originate a […]

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COREY HASSMAN JOINS WCRE TO LEAD DUAL-FOCUSED ROLE

Cory Hassman

WCRE EXPANDS RETAIL & INDUSTRIAL TEAM WITH NEW HIRE WCRE proudly announces the hiring of Corey Hassman, the firm’s newest Senior Advisor to service the Philadelphia and South Jersey commercial […]

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Port Authority Bus Terminal Redevelopment: Adding Office and Retail Space

Port Authority Bus Terminal Redevelopment to Add Office and Retail Space

Port Authority Bus Terminal Redevelopment to Include Two Office Towers and Retail Space. During a Thursday press conference, the Port Authority of New York and New Jersey unveiled plans for […]

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Rethinking ‘Flight to Quality’ in the Office Market

Three Signs 'Flight to Quality' May Not Be the Best Way To Describe the Office Market

Despite its widespread use, the concept of ‘flight to quality’ falls short in capturing the nuanced dynamics of the office occupancy market. While it appears valid on the surface, a […]

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The Latest Employment Rate for January 2024

US Jobs for January 2024

The resilience of the U.S. labor market continues to astonish economists and Wall Street, with January seeing broad job gains totaling 353,000. Health care and social assistance led the hiring […]

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NYC’s Office Return Surges, Reaching 70% of Pre-Pandemic Levels

NYC's Office Return Surges, Reaching 70% of Pre-Pandemic Levels

In December, the resurgence of the return-to-office trend saw average visitation rates at 350 Manhattan buildings climb to 67% of 2019 levels, as reported by the Real Estate Board of […]

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Rising Retail Capitalization Rates Amid Sustained Consumer Demand

Retail Capitalization Rates Shift Higher, Despite Enduring Consumer Demand

After a period of price discovery, the Philadelphia region is adjusting to a new valuation standard for commercial real estate assets. Recent transactions indicate that the higher interest rates of […]

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Gucci Parent Kering Buys Fifth Avenue Retail Property in Manhattan

Gucci Parent Kering Buys Fifth Avenue Retail Property in Manhattan for $963 Million

French luxury conglomerate Kering, renowned for its high-end brands such as Gucci and Balenciaga, has invested $963 million in acquiring a retail property on Manhattan’s prestigious Fifth Avenue. This purchase […]

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