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Building Successful Relationships

Monthly Archives: March 2012


STRONG FIRST QUARTER FOR NEWLY FOUNDED WOLF COMMERCIAL REAL ESTATE

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STRONG FIRST QUARTER FOR NEWLY FOUNDED

WOLF COMMERCIAL REAL ESTATE

South Jersey Firm Begins By Building Several New Successful Relationships


March 28, 2012 – Voorhees, NJ – Wolf Commercial Real Estate (WCRE) marked its first quarter in business by announcing several new lease transactions, corporate relationships, and exclusive listings secured. The firm worked with clients across several industries with different needs, and is pleased to announce the following transactions and assignments.

Transactions completed

Lease of 4001 A, Greentree Executive Campus, Marlton – WCRE worked with Barniskis-Marc, Inc.(MARC) a long established Southern New Jersey service provider, to renew its lease. For more information, visit http://db.tt/Ye0oSw0H

Lease of 1060 North Kings Highway, Cherry Hill – WCRE helped Senior Helpers, a home health and senior care agency, relocate its office within Cherry Hill. See http://db.tt/83oLdtsN for more details.

Exclusive Agencies Secured

Several Landlords and Investors have entrusted their properties to WCRE for lease or sale:

  • Investment Sale: 500 Grove Street, Haddon Heights. This is a 100 percent leased 31,797 square-foot, single story multi-tenant office complex with immediate access to I-295. All tenants are investment grade tenants with long-term lease history. Please see photos and complete details at http://db.tt/nt72ctDP
  • For LeaseHarbor Pavilions, 570 Egg Harbor Road, Sewell. WCRE is offering a professional/medical office with 2,364 square feet, in a complex with other occupied medical offices directly across from Kennedy Hospital. See photos and details at http://bit.ly/GVI56r
  • For Lease/Sale: 411 East Route 70, Cherry Hill. Second floor office space, 1,377 square feet, close to I-295, and surrounded by retail, restaurants, and banks. Ideal for tenant or owner/investor. See more at http://bit.ly/HajkxF
  • For Lease: 520 Stokes Road Ironstone Professional Complex, Medford. Located in the business district of Medford, 1,900 square feet of medical or professional office space with ample parking, excellent amenities, and surrounded by retail. Full details and photo at http://bit.ly/GUgKlQ

About WCRE

WCRE is a full-service commercial real estate advisory firm specializing in office, retail, industrial and investment properties. We provide a complete range of real estate services to commercial property owners, companies, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, WCRE is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long term growth and success.

Learn more about WCRE online at www.wolfcre.com, on Twitter @WCRE1, and on Facebook at Wolf Commercial Real Estate, LLC.

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Market and Economic Commentary

 

 

 

 

 

Market and Economic Commentary

By Adam B. Landau
Permit Capital Advisors, LLC

We are living in a world where central bank policy, primarily rates and liquidity provisions, appears to be driving markets more so than the real economy.  Policies are being designed to help borrowers, not creditors, despite the fact that policies of a similar nature helped plunge the global economy into the very crisis from which it is recovering.  Rather than question the sanity of policymakers, our challenge is to adapt and learn.

What we’ve learned is that the major central banks of the world have determined that the short-term advantage gained from balance sheet expansion exceeds any long-term damage that could be wrought.  Over the last five and a half years the combined balance sheets of the Fed, Bank of England, ECB, Bank of Japan, People’s Bank of China, and Swiss National Bank, have grown from just under $5 trillion, in U.S. dollar terms, to $13.6 trillion.  This global accommodative posture, along with improving economic data, has led to a significant “risk-on” tenor for markets of late.  If there is a price to pay as a result of historically accommodative monetary policy it will come in the form of long-term inflation.  

Given the fragility of the recovery it is highly unlikely that central bank support will be withdrawn any time soon, particularly in the face of fiscal tightening that is already in queue.  The cyclically-adjusted government budget deficit (the best measure of the amount of discretionary fiscal stimulus) is expected to fall both this year and next in all of the major advanced economies with the exception of Japan, where there will be a boost from reconstruction spending after last year’s earthquake.  Even including Japan, the fiscal tightening is expected to average around 1% of GDP in the advanced economies in both 2012 and 2013 based on IMF estimates.

The data points to date have been extremely encouraging.  Regional Federal Reserve Bank surveys indicate that economic conditions are improving across the country.  Capacity utilization rates have climbed back up to 79%, knocking on the doorstep of the historically important level of 80%, from a low of 68% in June of 2009.  The employment picture has turned up and broadened out, as more industries are now increasing employment than shrinking it.  While it is still early in the year this all bodes well for growth and the consensus expectation for 2012 U.S. GDP growth of 2.2% will likely be revised higher.

In conclusion, in a world that currently favors pro-cyclical opportunities but must guard against eventual inflation, commercial real estate sits in an enviable position.  With funding costs remaining low and the country creating jobs at a meaningful rate, demand will likely continue to show signs of strengthening. Fundamentals in the industry should continue to gradually improve in 2012.  This creates an appealing opportunity for investors, with increasing access to financing, looking to take advantage of the recent dislocation.

About Adam Landau
Adam Landau is Chief Executive Officer and Chief Investment Officer of Permit Capital Advisors, LLC.

He has 15 years of experience evaluating investment managers, developing asset allocation strategies, and coordinating the process by which the two disciplines are merged.

Visit http://www.permitcapital.com to see how Adam and Permit Capital Advisors, LLC help you grow your wealth in an informed and transparent manner.

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ANNOUNCING THE FORMATION OF WOLF COMMERCIAL REAL ESTATE

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ANNOUNCING THE FORMATION OF WOLF COMMERCIAL REAL ESTATE (WCRE)

New Firm with Deep Local Roots Will Focus on Building Successful Relationships

March 1, 2012 – Voorhees, NJ – After 17 years as a top performer at one of the Top 3 commercial real
estate firms in the country, Jason Wolf is pleased to announce the launch of Wolf
Commercial Real Estate (WCRE). WCRE is a full-service commercial real estate & advisory firm that will
provide a comprehensive range of real estate services to commercial property owners, companies, and
investors. In addition to expertise and professionalism, the firm emphasizes building client relationships,
and conducts itself as a partner invested in its clients’ goals.

Founder Jason Wolf’s vision and values are the foundation on which WCRE is built. These include
integrity, responsiveness, a passion for the community, and consistent communication with clients even
after the deal is done. WCRE’s approach is to think like investors, owners, and tenants, and to leverage
Wolf’s deep roots and extensive experience in Philadelphia, Southern New Jersey, and throughout the
United States to connect clients with the properties, resources, and opportunities they need.
“Building Successful Relationships is the most important aspect of our business,” said Wolf. “The most
gratifying experience I’ve had in my career is the opportunity to grow along with clients, contributing to
their success and helping them achieve their goals,” he added.

Jason Wolf began his commercial real estate career at Colliers International in 1995, and has frequently
earned recognition for his achievements, including winning several prestigious company and industry
awards and rising from an associate to company shareholder. Over the years he has served clients from
Fortune 500 companies, public utilities, small businesses, and home-grown companies that have
expanded into strong community names. He founded WCRE in order to combine the market knowledge
and national resources of a large firm with the personal attention and commitment to client relationships
that have been essential to his success.

About WCRE

WCRE is a full-service commercial real estate advisory firm specializing in office, retail, industrial and investment properties. We provide a complete range of real estate services to commercial property owners, companies, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, WCRE is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long term growth and success.
Learn more about WCRE online at www.wolfcre.com, on Twitter @WCRE1, and on Facebook at Wolf Commercial Real Estate, LLC.

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