WCRE Market Commentary


Breathless over Brexit: What will it mean for U.S. Commercial Real Estate?

Breathless over Brexit: What will it mean for U.S. Commercial Real Estate? As the world markets reacted to last week’s decision by U.K. voters to leave the European Union, one of the many potential economic impacts is the effect on U.S. commercial real estate. For the foreseeable future, the only thing certain is uncertainty – […]

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Pennsylvania’s New Medical Marijuana Law – Implications for Commercial Real Estate

This article explores the Implications of Pennsylvania’s medical marijuana for commercial real estate. On April 17th, Pennsylvania joined 23 other states and the District of Columbia that have legalized some form of medicinal or recreational use of marijuana. Under the new law, specially-licensed physicians will be able to prescribe medical marijuana to patients who have […]

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WCRE FIRST QUARTER REPORT: SEASONAL SLOW-DOWN, SHAKY FINANCIAL MARKETS TAKE TOLL ON SOUTHERN NEW JERSEY, BUT AREAS OF STRENGTH REMAIN

Philadelphia Continues its Strengthening Trend Q1 2016 Press Release in PDF April 7, 2016 – Marlton, NJ –Commercial real estate brokerage WCRE reported in its latest quarterly analysis that 2016 began much as 2015 ended: with Southern New Jersey commercial real estate growth slowing down somewhat. The report included some reasons to stay optimistic, such as […]

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Philadelphia’s Land Bank Could Ease Path to Development

Philadelphia’s Land Bank Could Ease Path to Development Purchasing public properties for redevelopment in Philadelphia can often be a cumbersome task.   Parcels may be owned by several different City agencies, and negotiating a purchase can be complex – especially when attempting to assemble several smaller parcels for a larger development. The Philadelphia Land Bank was […]

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Funding Project Infrastructure

Funding Project Infrastructure Application Period Open for Commonwealth Financing Authority Multimodal Grants. In 2013, Pennsylvania passed Act 89, legislation that created new funding for investment in transportation projects statewide. One notable element of the bill was the creation of a Multimodal Fund for non-highway capital needs. By the fifth year of the fund, nearly $144 […]

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Philadelphia vs. Camden?

Philadelphia vs. Camden? The battle for new business. Following the passage of the New Jersey Economic Opportunity Act in 2013, a number of high-profile developments and corporate relocations in Camden have made front-page news. Attracted by public incentives, Subaru and the Philadelphia 76ers have announced moves to downtown Camden. Liberty Property Trust is also planning […]

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Application Period Open for Pennsylvania Alternative Energy Incentive Program

Application Period Open for Pennsylvania Alternative Energy Incentive Program Pennsylvania’s Alternative and Clean Energy Program (ACE) began accepting applications for grant and loan incentives on February 1st. The program may be of interest to developers, building owners, and tenants seeking to lower utility costs and increase energy efficiency at their properties. The Alternative and provides […]

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Realty Transfer Taxes: Understand the Costs and Plan Ahead

Transfer taxes are increasingly a major consideration when closing a real estate deal. As government budgets have become tighter over the years, the need for revenue has led to new transfer fees and legislation closing long-standing ‘loopholes” that allowed parties to legally avoid transfer taxes. The amount and type of tax owed varies widely based […]

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WCRE FOURTH QUARTER REPORT: AN OVERALL STRONG 2015 IN SOUTHERN NEW JERSEY ENDS WITH A NOTE OF CAUTION

WCRE FOURTH QUARTER REPORT: AN OVERALL STRONG 2015 IN SOUTHERN NEW JERSEY ENDS WITH A NOTE OF CAUTION Pace of Transactions Showed Signs of Slowing Down, But Investment Market Activity Provided Reasons to Stay Optimistic OVERALL STRONG 2015 IN SOUTHERN NEW JERSEY ENDS WITH CAUTION January 12, 2016 – Marlton, NJ – Commercial real estate […]

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Sale Leaseback Strategies for the New Year

Sale-Leaseback Strategies Companies often have significant capital tied up in real estate holdings, even when they’re not in the business of owning real estate. For companies where real estate is not their primary business, a sale- leaseback can unlock the capital tied up in real estate for more productive purposes. What does a sale leaseback […]

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Philadelphia Retail Space Takes Center Stage in Market East Rebirth

From the time of the 19th century shambles and horse-drawn trolleys, Philadelphia’s East Market Street has been a center of commerce and transportation in the City. This corridor of retail space in Philadelphia has certainly seen its ups and downs. Even with the opening of the Gallery in 1977, the consolidation and demise of Philadelphia’s […]

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WCRE THIRD QUARTER REPORT: LOCAL MARKET REMAINS STEADY DESPITE NATIONAL ECONOMIC VOLATILITY

Strong Employment Figures, Healthcare and Insurance Expansions Keep the Southern New Jersey CRE Market Moving LOCAL MARKET REMAINS STEADY DESPITE  NATIONAL ECONOMIC VOLATILITY (PDF) October 6, 2015 – Marlton, NJ – While the national economy was affected by turmoil in the global markets, the Southern New Jersey commercial real estate market continued its progress for […]

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