Featured Blogs
Philly Retail Slows in City Harder Than Suburbs
Retail rent growth in the Philadelphia region has cooled in recent quarters, reflecting a nationwide slowdown and the impact of widespread store closures from major retailers including Rite Aid, Party […]
Read More....Rite Aid Shuts Doors Nationwide After Second Bankruptcy
Rite Aid has officially closed all of its remaining stores following two bankruptcies within two years. The company announced that all locations have now shut their doors, while assuring customers […]
Read More....September 2025 Newsletter
In this newsletter for the month of September 2025, our team at WCRE discusses recent developments in the commercial real estate space like how in New Jersey, Mavis Tire is […]
Read More....Office Inventory in NJ Declining Again
Over the past decade, many New Jersey office owners have opted to divest underperforming assets rather than invest in costly renovations with limited potential to boost occupancy. Since 2018, the […]
Read More....Fed Cuts Rates as Labor Market Softens
The Federal Reserve lowered its benchmark interest rate by 25 basis points in September, setting the new target range at 4.00% to 4.25%. This marks the Fed’s first rate cut […]
Read More....Aging Inventory Slows Retail Rent Growth in Philadelphia
Philadelphia’s retail sector continues to lag behind other major U.S. markets when it comes to rent growth. In the third quarter, the region placed 13th out of the top 15 […]
Read More....Flood Disclosure Requirements
On July 3, 2023, Governor Phil Murphy signed the Flood Risk Notification Law (the “Flood Disclosure Law”) in order to protect purchasers and tenants from the potential flood risks increasing […]
Read More....Good Tenant Relationships Help to Avoid Lawsuits
Investing the time and money required to maintain and cultivate a positive tenant relationships can be the difference between amicably settling differences and a costly lawsuit. Working on good tenant […]
Read More....Manhattan Office Leasing Surges Past 10-Year Average in August
Manhattan’s office market gained momentum in August, with leasing activity climbing more than 20% from July to reach 3.7 million square feet, according to new data from Colliers. The figure […]
Read More....August 2025 Newsletter
In this month’s newsletter for the month of August 2025, we at WCRE discuss how in New Jersey, CHOP buys a 42-acre AMC movie theater site, Whitesell lists a 2-building […]
Read More....High-Vacancy Office Buildings Now Hold Greater Share of Empty Space
For years, vacant office space in most markets has been concentrated in a relatively small set of properties. Today, however, high-vacancy buildings account for an even larger share of unused […]
Read More....U.S. Retail Sales Rise in July Despite Inflation Concerns
U.S. retail and food service sales rose 0.5% in July compared with the previous month and were up 3.9% year-over-year, according to Commerce Department data. Gains were led by motor […]
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