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→
Midtown South Rezoning May Pave the Way for 4,000 New Homes
New York City planning officials aim to revitalize a 42-block area in Midtown South, introducing...Continue reading→
New York’s Industrial Space Outpaces National and Major City Growth
The U.S. industrial sector is contending with a surge in available space, with New York...Continue reading→
Real Estate’s Biggest Turnover in 20 Years
The commercial real estate sector, known for its dynamic players, has seen significant movement among...Continue reading→
10 Most Inventive and Inspiring CRE Projects
LoopNet’s readers continued to be captivated by adaptive reuse projects in the past year. Innovative...Continue reading→
Whole Food is Trying Small Format Stores
Whole Foods Market, seeking expansion in urban areas, is set to join the trend of...Continue reading→
Philadelphia’s Retail Sector is the Sole Property Type Experiencing a Reduction in Vacancy
Between the first quarters of 2020 and 2024, the Philadelphia commercial real estate market exhibited...Continue reading→
The flight-to-Quality Trend in the Office Market has Unique Nuances
The emphasis on state-of-the-art “trophy” office spaces is often highlighted as a primary factor influencing...Continue reading→
New York Building Sales Come Together
One individual is forging a path through the challenging landscape of today’s investment sales market,...Continue reading→
City Planning Commission Forwards Commercial Zoning Adjustments to City Council
The City Planning Commission has approved the Adams administration’s comprehensive commercial zoning reforms, named City...Continue reading→
Macy’s Will Close 150 Department Stores but Open New Locations for Successful Chains
In pursuit of sales growth, Macy’s announced plans on Tuesday to close around 150 underperforming...Continue reading→
WCRE February 2024 Newsletter
In the WCRE February 2024 Newsletter, we cover a variety events impacting Philadelphia and South...Continue reading→
Deciding if You Should Appeal Your Property Taxes
Should you appeal your property taxes? No one enjoys paying real estate taxes, especially in...Continue reading→