Sublease Activity Gains Traction in Top Office Buildings
Over recent years, office tenants have preferred leasing directly from landlords, particularly in top-rated buildings. This trend may shift in...Continue reading→
Retail Performance in 2025
Despite expectations of a downturn, the U.S. retail sector remained resilient throughout 2025. Performance held steady amid rising store closures...Continue reading→
Philadelphia Office Market Shows Direction in 2025
The future of Philadelphia’s office market began to take shape in 2025. During the year, top-quality office buildings recorded strong...Continue reading→
Philly is Best Place to Visit Per Wall Street Journal
Although New Year’s Day is still weeks away, momentum is already building for Philadelphia in 2026. Recently, The Wall Street...Continue reading→
U.S. Economy Shows Strong Momentum
U.S. Treasury Secretary Scott Bessent indicated that the U.S. economy is finishing the year on solid footing, citing strong holiday...Continue reading→
Philadelphia-Area Nonprofits Change Real Estate Strategies
Recently, several Philadelphia nonprofits updated their real estate footprints. They adjusted operations and made strategic buy-and-sell decisions. To start, Montgomery...Continue reading→
Chase Expands as Others Retreat
While many banks are scaling back, JPMorgan Chase & Co. is doing the opposite. Over the past five years, the...Continue reading→
Philly Retail Slows in City Harder Than Suburbs
Retail rent growth in the Philadelphia region has cooled in recent quarters, reflecting a nationwide slowdown and the impact of...Continue reading→
Rite Aid Shuts Doors Nationwide After Second Bankruptcy
Rite Aid has officially closed all of its remaining stores following two bankruptcies within two years. The company announced that...Continue reading→
Office Inventory in NJ Declining Again
Over the past decade, many New Jersey office owners have opted to divest underperforming assets rather than invest in costly...Continue reading→
Fed Cuts Rates as Labor Market Softens
The Federal Reserve lowered its benchmark interest rate by 25 basis points in September, setting the new target range at...Continue reading→
Aging Inventory Slows Retail Rent Growth in Philadelphia
Philadelphia’s retail sector continues to lag behind other major U.S. markets when it comes to rent growth. In the third...Continue reading→
Retail Bankruptcies Repeat as “Chapter 22” Trend Grows
Bankruptcy isn’t bringing second chances for many U.S. retailers. A wave of chains have returned to court only a few...Continue reading→
Industrial Real Estate Hits First Decline in Over a Decade
Five years ago, the e-commerce boom made warehouses the hottest play in commercial real estate. Growth began to cool in...Continue reading→
High-Vacancy Office Buildings Now Hold Greater Share of Empty Space
For years, vacant office space in most markets has been concentrated in a relatively small set of properties. Today, however,...Continue reading→
U.S. Retail Sales Rise in July Despite Inflation Concerns
U.S. retail and food service sales rose 0.5% in July compared with the previous month and were up 3.9% year-over-year,...Continue reading→
U.S. Industrial Market Faces Slower Demand Amid Economic Uncertainty
After a strong start to 2025, the U.S. industrial real estate market is showing signs of cooling as tenant demand...Continue reading→
Consumer Confidence Rises Slightly Amid Market Gains and Tariff Truce
American consumers showed a modest uptick in optimism in early July, buoyed by a strong stock market and a temporary...Continue reading→
Major Changes to New Jersey’s Mansion Tax Now in Effect
As of July 1, 2025, New Jersey’s 2026 State Budget has officially gone into effect, bringing with it significant changes...Continue reading→
Philly Metro Job Market Surges in May, Led by Health and Education Sectors
The Philadelphia-Camden-Wilmington metro area experienced notable job growth in May 2025, with preliminary data from the Bureau of Labor Statistics...Continue reading→
