February 2025 Newsletter

In our February 2025 Newsletter, our team at WCRE discusses the current commercial real estate events that are impacting the Philadelphia and New Jersey markets. In Philadelphia’s Commercial Real Estate […]

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Should You File a Property Tax Appeal

Property Tax Appeal

Should you file a property tax appeal? No one enjoys paying real estate taxes, especially in New Jersey where they are among the highest in the country. Property owners should […]

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NJ Industrial Leasing Surged in 2024

NJ Industrial Leasing Surged in 2024

As 2024 industrial leasing data wraps up, New Jersey recorded a 14% year-over-year increase in new commitments, totaling 38.2 million square feet. Deal counts rose 6%, while average lease sizes […]

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Manhattan Retail Leasing Strong, Rent Growth Slow

Manhattan Retail Leasing Strong, Rent Growth Slow

Manhattan’s retail leasing market experienced a strong rebound in the second half of 2024, driven by a combination of factors, including a thriving job market, near-record levels of tourism, and […]

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Park Avenue Office Availability Hits 6-Year Low

Park Avenue Office Availability Hits 6-Year Low

Park Avenue, one of New York City’s prime corporate corridors, is making a strong comeback after the pandemic downturn. The office availability rate fell to 8.2% in the fourth quarter […]

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Warby Parker Opening in Target

Warby Parker Opening in Target

Eyewear brand Warby Parker will launch shop-in-shop locations at Target, joining a trend of retailers expanding through partnerships. The first five locations, staffed by Warby Parker employees, will debut in […]

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