Rising Retail Capitalization Rates Amid Sustained Consumer Demand
After a period of price discovery, the Philadelphia region is adjusting to a new valuation... Continue reading→
Gucci Parent Kering Buys Fifth Avenue Retail Property in Manhattan
French luxury conglomerate Kering, renowned for its high-end brands such as Gucci and Balenciaga, has... Continue reading→
Challenges Intensify as Office Market Faces Influx of Lease Expirations and Loan Maturities
An alarming number of leases are poised to expire in the next five years, posing... Continue reading→
How New York’s New Law Impacts Projects
In the realm of construction, retainage refers to a portion of funds withheld from payments... Continue reading→
Commercial Real Estate Sales in Philadelphia Sector Enter 2024 on a Low Note
After enduring the slowest year for commercial property sales in over a decade in 2023,... Continue reading→
New York City Set to Update Commercial and Industrial Zoning Rules After Six Decades
In the diverse environment of New York City, outdated zoning laws have impeded growth and... Continue reading→
University of Michigan Survey: Consumer Sentiment Surges, Inflation Outlook Dips
Despite concerns of an impending economic slowdown, a survey released on Friday indicates that consumers... Continue reading→
Philadelphia Industrial Assets Remain Top Choice for Real Estate Investors for Third Consecutive Year
Despite a 57% annual sales decline in 2023, industrial properties in the Philadelphia region maintained... Continue reading→
Naftali Group Files Permits for 21-Story Complex in Brooklyn
Plans have been submitted for a 21-story tower situated at 1 Division Avenue in Williamsburg,... Continue reading→
New York Stadium Set for Renovation
Backed by supporters and alumni of the U.S. Military Academy in West Point, New York,... Continue reading→
Utopia Bagels to Open in Manhattan, New York
Utopia Bagels from New York City has committed to a 15-year lease for its inaugural... Continue reading→
WCRE FOURTH QUARTER 2023 REPORT
Southern New Jersey & Philly Markets Prove Mostly Resilient Uncertainty in the Office Market, Robust... Continue reading→
New York Metro: 2023 Year in Review
As we reflect on the New York Metro’s 2023 journey in both retail and office... Continue reading→
Interest Rates and Prices Could Fall in 2024
The eagerly anticipated interest rate-cutting cycle might kick off as early as March 2024, as... Continue reading→
WCRE December 2023 Newsletter
In the WCRE December 2023 Newsletter, we cover a variety events impacting Philadelphia and South... Continue reading→
Rising Interest Rates Pose Challenges for Retail Transactions, Potentially Impacting Cap Rates
Compared to other property segments, the retail sector has seen modest declines in prices. Surprisingly,... Continue reading→
Retailers Say More Store Openings Than Closings in 2023
On December 19, 2023, at 1:34 P.M., the retail landscape experienced a notable shift after... Continue reading→
Retailers That Drove Leasing in 2023
On December 18, 2023, at 4:34 P.M., the U.S. retail sector sustained its expansion throughout... Continue reading→
Philadelphia Retailers Downsize Store Requirements, Leading to Smaller Average Retail Lease Sizes
The trend of diminishing retail lease sizes continues in the Philadelphia metropolitan area, spurred by... Continue reading→
WCRE Secures Ideal Location For Lotus ABA Services
Lotus ABA Services proudly announces its grand opening, marking a significant step in offering inclusive... Continue reading→
Employment Rates According to Glassdoor
November’s robust employment figures didn’t guarantee an effortless economic transition, but they did provide some... Continue reading→
WCRE Appoints Eric Grad To Spearhead New York Expansion
Enhances Partnership With CORFAC International Wolf Commercial Real Estate (WCRE | CORFAC International) a leading... Continue reading→
Expect Commercial Real Estate Prices to Remain Depressed for the Foreseeable Future
Since the Federal Reserve began raising its benchmark interest rate in March 2022, the U.S.... Continue reading→
Assessing Philadelphia’s Office Market Against Other Major US Cities
Amidst a national trend of companies downsizing office spaces over three years, the Philadelphia metropolitan... Continue reading→
WCRE November 2023 Newsletter
In the WCRE November 2023 Newsletter, we cover a variety events impacting Philadelphia and South... Continue reading→
WCRE 10th Annual Thanksgiving Food Drive
Marking a significant milestone, Wolf Commercial Real Estate (WCRE) proudly concluded its remarkable 10th Annual... Continue reading→
Retailers Continue Favoring Small Store Sizes
The retail landscape continues its profound, enduring transformation in response to evolving consumer behavior. This... Continue reading→
Factors Fueling the Resurgence of Downtowns in the US
After facing challenges in the aftermath of the Covid-19 pandemic, downtowns throughout the United States... Continue reading→
WCRE October 2023 Newsletter
In the WCRE October 2023 Newsletter, we cover a variety events impacting Philadelphia and South... Continue reading→
The percentage of individuals working from home has decreased to its lowest point since the pandemic
Less than 26% of U.S. households currently have individuals working remotely for at least one... Continue reading→
WCRE THIRD QUARTER 2023 REPORT
Southern New Jersey & Philly Markets Take a Hit, as the Broader Economy Endures Economic... Continue reading→
WCRE September 2023 Newsletter
In the WCRE September 2023 Newsletter, we cover a variety events impacting Philadelphia and South... Continue reading→
Coworking Spaces are Transforming Commercial Real Estate
Commercial real estate has undergone major changes, including the rise of coworking spaces. As remote... Continue reading→
Here is Where the Distressed CRE Loans are Piling Up the Fastest
The rate of loans backing office properties that are considered distressed or delinquent is on... Continue reading→
WCRE Appointed Exclusive Agent for Kevon Office Center – Pennsauken, NJ
This prime asset at 2500 McClellan Avenue in Pennsauken, New Jersey adds to WCRE’s growing... Continue reading→
WCRE August 2023 Newsletter
In the WCRE August 2023 Newsletter, we cover a variety events impacting Philadelphia and South... Continue reading→
Joseph Fox Joins WCRE to Lead Dual-Focused Role
WCRE Expands Regional Team With New Hire for Philadelphia Region WCRE proudly announces the hiring... Continue reading→
WCRE Named Exclusive Agent for Barclay Farms Shopping Center – Cherry Hill, NJ
This prime asset adds to WCRE’s growing number of medical office building assignments in the... Continue reading→
Nation’s Strongest and Weakest Apartment Rent Growth
For the first time in more than 20 years, Chicago’s apartment rent growth is the... Continue reading→
Several Categories Post Growth in Manufacturing Output As Supply Chain Disruptions Ease
U.S. industrial production increased by 1% in July from a month earlier after two consecutive... Continue reading→