Voorhees Town Center Buyer Terminates Agreement
Brandywine Acquisition & Development has terminated its purchase and sale agreement to acquire the Voorhees...Continue reading→
Murphy Extends Public Health Emergency 30 Days
Governor Phil Murphy has extended the state’s public health emergency for another 30 days. This...Continue reading→
Gap Inc. to Close 350 Stores by 2023 as Clothing Retailer Retools Real Estate Footprint
Iconic retailer Gap Inc. said it would close 350 stores by 2023 across its namesake and Banana...Continue reading→
Wolf to Waive PA Liquor License Fees for Bars & Restaurants
Gov. Tom Wolf is working with the Pennsylvania Liquor Control Board to waive pricey liquor...Continue reading→
The Carbon Footprint of Your Commercial Building Could Cost You
Whether Joe Biden and his “Green New Deal” allies or President Trump and his “Preserve...Continue reading→
WCRE HIRED BY LANDMARK HEALTHCARE FACILITIES TO LEASE MEDICAL OFFICE BUILDING
Wolf Commercial Real Estate (WCRE) is pleased to announce that it has been retained by...Continue reading→
September Retail Sales Show Unexpected Gains
Consumers spent at a much faster pace than expected in September, with retail sales rising...Continue reading→
NJ CARES Allocates Additional $112M in Grants to Small Business
On October 14, the New Jersey Economic Development Authority (NJEDA) announced Phase 3 of the...Continue reading→
Indoor Sports Including Ice Hockey to Resume in NJ
Indoor sports such as basketball and ice hockey just got the go-ahead in New Jersey...Continue reading→
Should Commercial Landlords Conduct Tenant Health Screening
What should commercial landlords should know about tenant health screening questionnaires and temperature checks? As...Continue reading→
SBA Simplifies PPP Forgiveness for Small Loans
The U.S. Small Business Administration and the Treasury Department are making it easier for companies...Continue reading→
Jobless Claims Were Worse Than Expected
First-time claims for unemployment benefits totaled 840,000 last week, higher than expected in another sign...Continue reading→
WCRE THIRD QUARTER 2020 REPORT
THE SOUTHERN NEW JERSEY & PHILLY CRE MARKETS HEAT UP QUICKER THAN EXPECTED AFTER PANDEMIC-FUELED...Continue reading→
PA Eases Capacity Limits at Spectator Venues
Pennsylvania Gov. Tom Wolf and Secretary of Health Dr. Rachel Levine have announced that local...Continue reading→
SBA Issue First PPP Forgiveness Decisions
The agency opened the Paycheck Protection Program forgiveness portal to lenders Aug. 10 and will...Continue reading→
Who Owns the Fixtures at Lease Expiration
Let’s examine who owns the fixtures at lease expiration. In order to facilitate a smooth transition...Continue reading→
Philly to Increase Restaurant Capacity to 50 Percent
Philadelphia restaurants will be allowed to increase indoor dining capacity to 50% beginning Friday, Oct....Continue reading→
Wolf Launches COVID Alert PA App
Governor Tom Wolf and Secretary of the Department of Health Dr. Rachel Levine today launched...Continue reading→
Murphy Extends NJ’s Coronavirus Public-Health Emergency
More than half a year into the state’s outbreak, Gov. Phil Murphy announced Friday he’s...Continue reading→
Avoiding the Spread of Communicable Disease in the Office
Let’s look at Avoiding the Spread of Communicable Disease in the Office. As a risk...Continue reading→
USA Surpasses 200,000 COVID Deaths
What happened today seemed impossible to many Americans six months ago. When Dr. Anthony Fauci...Continue reading→
Construction of Philadelphia Esports Arena Halted
The opening of Comcast Spectacor’s $50 million Philadelphia purpose-built esports arena — slated to be...Continue reading→
WCRE Expands Regional Team with a Duo of New Hires
New Team Members to Serve Philadelphia and Southern New Jersey Markets & Sales Team Marketing...Continue reading→
Third Annual WCRE Celebrity Charity Golf Tournament Raises $40,000
In its third year, built on the remarkable success of WCRE’s community commitment and annual...Continue reading→
Preparing Commercial HVAC Systems for Winter
With the fall season in full swing, it’s time to start preparing commercial HVAC systems...Continue reading→
City to Close Streets Around Stadiums on Game Days
There are still many ways to enjoy the game safely, and we encourage fans to...Continue reading→
Fed Indicates Rates to Stay Near Zero for Years
The Federal Reserve kept its pledge to keep interest rates anchored near zero and promised...Continue reading→
Pennsylvania Restrictions Ruled Unconstitutional
A federal judge on Monday ruled that some of Pennsylvania Gov. Tom Wolf’s restrictions implemented...Continue reading→
Retail Chain Century 21 Files for Bankruptcy
Century 21 has 13 stores mostly in New York City and the surrounding metropolitan area....Continue reading→
Jefferson to Build $762M Specialty Care Pavilion
Thomas Jefferson University and Jefferson Health unveiled plans Thursday to build a $762 million, 19-floor...Continue reading→
Mall Owners Simon and Brookfield to acquire J.C. Penney
J.C. Penney has reached a tentative deal to sell its business and stores to a...Continue reading→
PREIT drops plan for sale-leaseback of Moorestown Mall
The financially ailing owner of Moorestown Mall has terminated a plan to raise funds through...Continue reading→
New York’s Durst Selected to Develop Penn’s Landing
The Durst Organization of New York has been selected to redevelop Penn’s Landing, likely ending...Continue reading→
76ers to Decide on Penn’s Landing Facility
The nonprofit overseer of development along central Philadelphia’s Delaware River waterfront could decide as soon...Continue reading→
PA Restaurants Can Expand to 50% Occupancy On 9-21
Pennsylvania restaurants will soon be able to double their indoor occupancy to 50% capacity, Governor...Continue reading→
Unemployment Rate Falls to 8.4%
Nonfarm payrolls increased by 1.37 million in August and the unemployment rate tumbled to 8.4%...Continue reading→
Wolf Calls for Cannabis Legalization in PA
Governor Tom Wolf and Lt. Governor John Fetterman called on the legislature to take up...Continue reading→
NJ To Allow Indoor Dining for Labor Day Weekend
New Jersey restaurants will be allowed to resume indoor dining starting Friday, Governor Phil Murphy...Continue reading→
PA to Auction Casino Mini-License Again
Pennsylvania’s auction last year for a license to operate a new “mini-casino” attracted zero bidders...Continue reading→
N.J. Restaurants to Resume Indoor Dining
New Jersey bars and restaurants will be allowed to reopen their indoor dining sections with...Continue reading→
