New Jersey Commercial Real Estate


WCRE THIRD QUARTER 2023 REPORT

WCRE THIRD QUARTER 2023 REPORT

Southern New Jersey & Philly Markets Take a Hit, as the Broader Economy Endures Economic Growth Remains Robust, but Rising Interest Rates Weigh Down Commercial Real Estate Commercial real estate […]

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WCRE Second Quarter 2023 Report

WCRE Second Quarter 2023 Report

South Jersey & Philly Markets See Mixed Results Key Indicators Show Signs of Trouble, Yet the Metro is Outperforming Peer Markets Commercial real estate brokerage WCRE reported in its analysis […]

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Retail Sales Explode in March as Consumers Use Stimulus Checks to Spend Heavily

A fresh batch of stimulus checks sent consumer purchases surging in March as the U.S. economy continued to get juice from aggressive congressional spending. Advance retail sales rose 9.8% for […]

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Retail Rent Collections Climb to 90% for the First Time in a Year

Retail rent collections are steadily improving. In February, rent collections surpassed 90% among national retailers for the first time since March 2020, when the pandemic began, according to research from […]

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13M Square Feet and Growing: Mapping Amazon’s Rapidly Expanding Real Estate Footprint Across the Philadelphia Region

From Northeast Philadelphia to King of Prussia, Amazon.com Inc.’s real estate footprint continues to grow throughout the tri-state area and the company now occupies a tad more than 13 million […]

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Office Sublet Space May Pose More of a Competitive Threat Than Initially Thought

Office sublet space may pose more of a competitive threat than initial estimates indicated.  Initially, it looked to some that, while the amount of sublet space in the U.S. office […]

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Empty Office Buildings Squeeze City Budgets as Property Values Fall

WASHINGTON — At a meeting with Treasury Secretary Janet Yellen last month, Jeff Williams, the mayor of Arlington, Texas, laid out his grim economic predicament: Heavy spending on coronavirus testing […]

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As Store Owners Sign More Short-Term Leases, Landlords are Taking a Risky Bet on the Future of Retail

Retailers and their landlords are engaged in a high-stakes game of risk right now. And it will be a few years until we find out which party is on the […]

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Amazon is Now America’s Most Popular Grocery Store as Online Food Shopping Soars

As the coronavirus pandemic has led to a surge in online orders, Amazon is now the country’s most popular grocery store, according to a recent study by the Dunnhumby Retailer Preference Index. The […]

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A Weed Legalization Bill Inches Closer to Approval in N.J. After a Long Wait

New Jersey voters approved a measure in November to legalize recreational marijuana. More than three months later, Gov. Phil Murphy still hasn’t signed a bill to make it happen. And, in the interim, thousands of […]

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Retail Vacancies Spike in South Jersey as Prospective Tenants Remain Skittish on New Leases

Retail vacancies are rising across South Jersey as ripple effects of Covid-19 continue to grow nearly a year after the pandemic first hit the region.  A new report from Wolf […]

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Exeter Property Group to be Acquired by EQT AB in $1.9B Deal

Exeter Property Group, a global industrial property behemoth started by Ward Fitzgerald in 2006, has entered into a deal to be acquired for $1.9 billion.  EQT AB, a Stockholm private equity firm, […]

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