Featured Blogs
Retailers That Drove Leasing in 2023
On December 18, 2023, at 4:34 P.M., the U.S. retail sector sustained its expansion throughout 2023, witnessing tenants lease more than 240 million square feet of retail space up to […]
Read More....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 the COVID-19 pandemic’s ongoing impact. In 2023, the average retail lease size shrank by nearly […]
Read More....WCRE Secures Ideal Location For Lotus ABA Services
Lotus ABA Services proudly announces its grand opening, marking a significant step in offering inclusive Applied Behavior Analysis (ABA) services to a diverse clientele. Rooted in the science of Behavior […]
Read More....Employment Rates According to Glassdoor
November’s robust employment figures didn’t guarantee an effortless economic transition, but they did provide some relief. With a 3.7% unemployment rate and the addition of 199,000 jobs, there’s no hint […]
Read More....WCRE Appoints Eric Grad To Spearhead New York Expansion
Enhances Partnership With CORFAC International Wolf Commercial Real Estate (WCRE | CORFAC International) a leading provider of commercial real estate services, proudly marks its 12th year by announcing the appointment […]
Read More....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. commercial real estate market has seen declining sales. A wait-and-see approach permeates today’s market as […]
Read More....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 area stands out for its resilience compared to several other major U.S. office markets. Although […]
Read More....Retailers Continue Favoring Small Store Sizes
The retail landscape continues its profound, enduring transformation in response to evolving consumer behavior. This shift encompasses not only the evolving roster of tenants leasing retail space but also the […]
Read More....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 are now showing signs of a positive turnaround. Despite a slow return of workers and […]
Read More....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 day a week, marking a substantial decline from the peak of 37% in early 2021, […]
Read More....WCRE THIRD QUARTER 2023 REPORT
Southern New Jersey & Philly Markets Take a Hit, as the Broader Economy Endures Economic Growth Remains Robust, but Rising Interest Rates Weigh Down Commercial Real Estate Commercial real estate […]
Read More....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 the rise as landlords of outdated office towers struggle to refill vacant spaces and cash […]
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