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In the diverse environment of New York City, outdated zoning laws have impeded growth and...Continue reading→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→
Macy’s Plans Four New Small-Format Stores for Fall
Macy’s unveiled the locations of its next four new small-format stores, expanding the rollout this...Continue reading→