Featured Blogs
Macy’s Closures to Spark Significant Changes at Shopping Malls
Macy’s decision to close nearly a third of its stores will lead to significant changes in malls and communities across the U.S., with some transformations likely surprising shoppers. In late […]
Read More....New Jersey Industrial Owners Struggle with Growing Big Box Vacancy
A persistent mismatch in New Jersey’s industrial property sector between occupiers’ space needs and the influx of large new projects is creating a divide in the types of available industrial […]
Read More....Global Stock Dive Pressures Fed for Deep Rate Cut in September
The commercial real estate industry faced sudden uncertainty Monday as recession fears shook global markets. This could prompt a larger-than-expected interest rate cut in September, industry sources said. The Dow […]
Read More....Philadelphia REIT Benefits From Leasing Momentum
The balance between office tenant downsizing and expansions is now favoring some landlords again, according to executives from one of the country’s leading real estate investment trusts. Brandywine Realty Trust, […]
Read More....Office Attendance is at a New High
June marked a significant turning point in post-pandemic office attendance, according to Placer.ai’s Office Building Index. The data reveals that nationally, office attendance was down only 29.4% compared to June […]
Read More....Office Leasing in Manhattan is Improving
The Manhattan office market is showing notable improvement as we enter the second half of the year. Key indicators of this improvement include a potential peak in the overall office […]
Read More....Powell Suggests Fed Might Cut Rates Before Inflation Hits 2%
Federal Reserve Chair Jerome Powell stated on Monday that the central bank will not wait until inflation reaches 2% to cut interest rates. Speaking at the Economic Club of Washington […]
Read More....WCRE Second Quarter 2024 Report
Southern New Jersey & Philly CRE Markets Show Adaptability While Awaiting Rate Cuts Markets Strive for Stability Amid High Borrowing Costs and Inflation Commercial real estate brokerage WCRE reported in […]
Read More....CRE Expectations for Capital Costs and Dealmaking in H2 2024 are Mixed
The outlook among commercial real estate industry players remains mixed as 2024 reaches its midway point. A second-quarter survey by Altus Group found that more respondents were concerned about a […]
Read More....Office Landlords Prefer a Type of Tennant
Many office landlords today are grateful for any lease they can secure to fill vacant space, but they do have preferences. Companies in the legal, banking, finance, and insurance industries […]
Read More....New Industrial Projects in Pennsylvania’s I-81 Corridor Leasing Faster Than Those Along I-95 in New Jersey
The I-81 corridor in Central and Eastern Pennsylvania and the I-95 corridor in New Jersey are critical logistics hubs for distribution centers serving the densely populated eastern mid-Atlantic region. Each […]
Read More....Traffic Problems in Manhattan
The New York governor’s decision to withdraw support from a Manhattan tolling program, aimed at easing traffic and generating $1 billion annually for the transit system, has alienated not only […]
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