Office Landlords Prefer a Type of Tennant

Office Landlords Prefer a Type of Tennant

Many office landlords today are grateful for any lease they can secure to fill vacant space, but they do have preferences. Companies in the legal, banking, finance, and insurance industries […]

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New Industrial Projects in Pennsylvania’s I-81 Corridor Leasing Faster Than Those Along I-95 in New Jersey

New Industrial Projects in Pennsylvania’s I-81 Corridor Leasing Faster Than Those Along I-95 in New Jersey

The I-81 corridor in Central and Eastern Pennsylvania and the I-95 corridor in New Jersey are critical logistics hubs for distribution centers serving the densely populated eastern mid-Atlantic region. Each […]

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Traffic Problems in Manhattan

Traffic Problems in Manhattan

The New York governor’s decision to withdraw support from a Manhattan tolling program, aimed at easing traffic and generating $1 billion annually for the transit system, has alienated not only […]

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Fed Holds Interest Rates Steady Amid Signs of Cooling Inflation

Fed Holds Interest Rates Steady Amid Signs of Cooling Inflation

The Federal Reserve left its overnight lending rate unchanged at its seventh consecutive meeting this week, maintaining the target rate for banks between 5.25% and 5.5%, a 22-year high. This […]

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The Current Lending Environment and BOMA International Medical Real Estate Conference

lending environment

The lending environment and transaction volume has been down over the last 12-24 months, but there is a light at the end of the tunnel. In 2023, the outlook for […]

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Office Building Being Sold for Less than Morgage

Office Building Being Sold for Less than Morgage

An office building in New York City, owned by an affiliate of Related Companies, is set to be sold at a steep discount. Empire Capital Holdings and Namdar Realty Group […]

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NYC Retail Market Reels After Smoke Shop Crackdown

NYC Retail Market Reels After Smoke Shop Crackdown

Roll Up Nation vanished from NoHo last month, leaving behind only an expensive sound system, a few stray rolling papers, and a 1,927-square-foot epoxy mural on the ground floor retail […]

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Hospital Design Transformed by Emergencies and Surgical Robots

Hospital Design Transformed by Emergencies and Surgical Robots

Hurricanes, pandemics, and robotic surgical arms are driving fundamental changes in healthcare design. Dan Thomas and Julie Frazier of Perkins & Will highlighted some of the nation’s most disruptive changes […]

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Industrial Tenants Leasing Surge

Industrial Tenants Leasing Surge

Concerns over inflation and higher interest rates affecting consumer spending remain widespread, but they are no longer causing industrial tenants to hesitate on lease transactions as they did last year. […]

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FIRE Tenants in Manhattan Show Slower Expansion

FIRE Tenants in Manhattan Show Slower Expansion

The financial industry, a cornerstone of New York City’s economy for more than a generation, is showing signs of reducing its demand for New York offices. From the pre-pandemic years […]

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Loans on Office Buildings are Increasing

Loans on Office Buildings are Increasing

Sales of loans secured by struggling commercial real estate, including offices, are gaining momentum despite resulting in financial losses. Banks, in particular, are increasingly putting more loans secured by office […]

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WCRE May 2024 Newsletter

WCRE May 2024 Newsletter

In the WCRE May 2024 Newsletter, we cover a variety events impacting Philadelphia, South Jersey, New York and U.S. Commercial Real Estate. In this months newsletter we talk about in […]

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