WCRE Third Quarter 2024 Report
Regional CRE Markets Show Early Signs of Stabilization Though challenges remain, most property sectors performed well in Q3 Commercial real... Continue reading→
CRE Investors Ready to Deploy Capital Following 50 BP Interest Rate Cut
Less than 24 hours after the Federal Reserve’s unexpected 50 basis point interest rate cut, investors showed optimism about... Continue reading→
The Great Migration is Mostly Over, Halted by Two Economic Shifts
The Great Migration, which saw millions of Americans relocate to new cities during the height of the Covid-19 pandemic, has... Continue reading→
How Retailers’ Chapter 11 Filings Will Impact Commercial Real Estate
Retail bankruptcies have led to increased vacancies in shopping centers and malls across the U.S. In some areas, new tenants... Continue reading→
Fed Cuts Interest Rates by Half Point in First Easing Move in Four Years
On Wednesday, the Federal Reserve cut interest rates by half a percentage point—the first reduction since the early days of... Continue reading→
Major Banks Report Spike in Noncurrent CRE Loans
In many U.S. cities, once-bustling office buildings now stand eerily quiet. Higher office vacancies are not only reducing net operating... Continue reading→
New Jersey Investors Focus on Multifamily and Industrial
After a challenging 2023 marked by tight monetary policy and slowing rent growth, New Jersey’s commercial property investors are gearing... Continue reading→
Chinatown Leader Vows: ‘We Won’t Back Down’ in Sixers Arena Fight
As city officials review recently released impact studies on the Philadelphia 76ers’ proposed Center City arena, Chinatown advocates remain firmly... Continue reading→
Expanding Retailers Actively Seek New Locations
Retailers overcame various economic challenges and signed leases for over 52 million square feet in the second quarter, marking a... Continue reading→
Can ‘Experiences’ Save Philadelphia-Area Malls
Greater Philadelphia has seen a surge in experiential retailers as consumers seek more interactive shopping options. Experts believe these immersive... Continue reading→
Macy’s Closures to Spark Significant Changes at Shopping Malls
Macy’s decision to close nearly a third of its stores will lead to significant changes in malls and communities across... Continue reading→
New Jersey Industrial Owners Struggle with Growing Big Box Vacancy
A persistent mismatch in New Jersey’s industrial property sector between occupiers’ space needs and the influx of large new projects... Continue reading→
Philadelphia REIT Benefits From Leasing Momentum
The balance between office tenant downsizing and expansions is now favoring some landlords again, according to executives from one of... Continue reading→
Office Leasing in Manhattan is Improving
The Manhattan office market is showing notable improvement as we enter the second half of the year. Key indicators of... Continue reading→
Powell Suggests Fed Might Cut Rates Before Inflation Hits 2%
Federal Reserve Chair Jerome Powell stated on Monday that the central bank will not wait until inflation reaches 2% to... Continue reading→
WCRE Second Quarter 2024 Report
Southern New Jersey & Philly CRE Markets Show Adaptability While Awaiting Rate Cuts Markets Strive for Stability Amid High Borrowing... Continue reading→
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... Continue reading→
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... Continue reading→
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... Continue reading→
Industrial Tenants Leasing Surge
Concerns over inflation and higher interest rates affecting consumer spending remain widespread, but they are no longer causing industrial tenants... Continue reading→
