Price Gaps Worsening
Surprise fees persist, sneaking onto bills from concerts to dining outings. Retail analysts note a... Continue reading→
Here’s the Key Driving Downtown New York’s Revival
As downtown areas rebound, attention has primarily centered on office re-openings. However, recent findings challenge... Continue reading→
The Sought-After Benefit Worth a Salary Reduction
Since the pandemic, employers are seeking ways to stand out in a competitive hiring landscape.... Continue reading→
Walmart Closing All US Health Clinics Due to Profitability Issues
Walmart (WMT.N) announced on Tuesday it will close all 51 of its health clinics and... Continue reading→
WCRE April 2024 Newsletter
In the WCRE April 2024 Newsletter, we cover a variety events impacting Philadelphia, South Jersey,... Continue reading→
Center City Leaders Prioritize Residential Growth Amid Office Slowdown
Since 2021, over 7,000 new residential units have been built in Center City, transforming its... Continue reading→
With the FTC Banning Noncompetes, Businesses Must Adapt Quickly
The Federal Trade Commission has finalized a rule banning noncompete agreements, but businesses and managers... Continue reading→
As Retail Shifts to Trendy Urban and Suburban Areas, What About Downtown Districts?
The challenges confronting America’s downtowns often stem from the considerable amount of vacant office space... Continue reading→
Under a New New York Budget Agreement, Unlicensed Cannabis Shops Will Face Closure
New York State is taking a firm stance against retailers and landlords disregarding cannabis regulations.... Continue reading→
Investors Eyeing Country Clubs and Golf Courses
Golf’s revival has reignited investor interest in country clubs, as reported by Andy Medici of... Continue reading→
City Council Passes Zoning Change to Allow for NYC Casino
The New York City Council paved the way for prospective casino developers by passing a... Continue reading→
Citadel Progresses with Park Avenue Tower Plans
Billionaire investor Ken Griffin, founder of hedge fund Citadel, along with developers Vornado Realty Trust... Continue reading→
Four years Later, Office Leasing Shifts Post-Pandemic
Four-plus years post-Covid, office landlords and tenants embrace a new leasing paradigm. Though the shift... Continue reading→
Neutrogena to Close LA HQ, Shift Operations to NJ
Neutrogena is relocating its Los Angeles headquarters to New Jersey as part of a consolidation... Continue reading→
Adams & Company’s Midtown Buildings Unite Textile Tenants
Adams & Company aims to transform its buildings into specialized hubs, evidenced by recent agreements... Continue reading→
2024 Trends in Commercial Real Estate
Let’s look at some trends in commercial real estate and what is driving them. The... Continue reading→
Real Estate Brokers’ Worst Code Violations: From Grow Houses to Hidden Septics
Jaclyn Bild, a broker associate at Douglas Elliman Real Estate in Miami Beach, encountered a... Continue reading→
The Quirky Real Estate of Movie Theaters: Their Lifeline.
Just a few years back, U.S. movie theaters seemed destined for irrelevance. But their unconventional... Continue reading→
Single-Tenant, Net-Leased Property Sales at 14-Year Low
Just a few years ago, retail, industrial, and office properties with single tenants responsible for... Continue reading→
New Jersey Film Studio Planned Near Birthplace of First One
Renowned inventor Thomas Edison established the world’s first movie production studio, the Black Maria, in... Continue reading→
The exclusivity of New York’s million-dollar earner club is diminishing
Between 2020 and 2021, New York saw an increase of over 21,000 tax filers reporting... Continue reading→
Being Together in the Workplace is Essential
For Mitch Goldenberg, the decision was clear-cut. Regardless of any return-to-office directive, it held little... Continue reading→
WCRE First Quarter 2024 Report
Southern New Jersey & Philly Markets Look to Build on Last Year’s Surprising Resiliency A... Continue reading→
Risant Health Finalizes Acquisition of Geisinger
On March 31, Washington, D.C.-based Risant Health, a nonprofit organization affiliated with Oakland, Calif.-based Kaiser... Continue reading→
AHR Eagerly Anticipates its Promising Prospects
Following its recent initial public offering (IPO), American Healthcare REIT (NYSE: AHR), headquartered in Irvine,... Continue reading→
Institutional Investors’ Retreat: Office Sector Red Line
Institutional investors have significantly reduced their involvement in the office property market, although alternative funding... Continue reading→
WCRE March 2024 Newsletter
In the WCRE March 2024 Newsletter, we cover a variety events impacting Philadelphia, South Jersey,... Continue reading→
Anticipate an Increase in Tax Appeals Amidst Growing Discrepancies Between Office Valuations and Assessments
Office property owners nationwide are grappling with an additional challenge amidst increased vacancies and diminished... Continue reading→
Revista Report Covers Rates and Costs in the MOB Market
Despite the challenging conditions experienced by healthcare real estate (HRE) developers in 2022, primarily driven... Continue reading→
Amazon Plans to Cut Leases and Shrink Office Space
Amazon (AMZN), the renowned tech and e-commerce behemoth, is devising a strategy aimed at saving... Continue reading→
Office Features’ Impact on Tenant Premiums
In recent years, office tenants nationwide have downsized their real estate holdings, but certain building... Continue reading→
REIT’s Pour Into Healthcare Real Estate As ‘Grey Tsunami’ Approaches
The conclusion of 2023 witnessed a significant uptick in investments by real estate investment trusts... Continue reading→
Philly’s Inflation Remains Sticky
The latest release from the Bureau of Labor Statistics indicates that the Philadelphia metropolitan area... Continue reading→
The Commercial Real Estate Super Broker Era Comes to an End
Has the era of the super broker come to an end? This question surfaced recently... Continue reading→
Increase of Medical Office Leases in New York
More New Yorkers can anticipate the arrival of medical providers in their neighborhoods soon. According... Continue reading→
Fresh Incentives are Targeted at Kickstarting the Conversion of Office Buildings
For years, municipalities have utilized incentives to stimulate desired investments or address persistent issues requiring... Continue reading→
$3.3 Billion in Federal Grants is Accelerating the Initiation of Numerous Projects
Federal officials have disclosed the distribution of the remaining grants for transportation and commercial developments... Continue reading→
Dollar Tree is Set to Close 970 Family Dollar Stores
Dollar Tree fell short of market expectations for holiday-quarter sales and profit on Wednesday, announcing... Continue reading→
Kim Kretowicz Joins WCRE as Executive Vice President-Healthcare Advisory & Investment Services
Strategic Hire Strengthens Firm’s Healthcare Presence, Fuels Growth in NJ and NY Markets WCRE |... Continue reading→
National Office Attendance Shows Gradual but Consistent Increase
Achieving a return to pre-pandemic office attendance levels has been neither swift nor simple, but... Continue reading→
