Featured Blogs
Macy’s Will Close 150 Department Stores but Open New Locations for Successful Chains
In pursuit of sales growth, Macy’s announced plans on Tuesday to close around 150 underperforming namesake stores while expanding in more favorable locations or those focused on luxury goods. This […]
Read More....Deciding if You Should Appeal Your Property Taxes
Should you appeal your property taxes? No one enjoys paying real estate taxes, especially in New Jersey where they are among the highest in the country. Owners should make sure […]
Read More....The Conversion of Philadelphia’s Office Buildings Needs to Commence Immediately
The COVID pandemic has left an indelible mark on our collective memory, reshaping the way people work and where they work. In the Philadelphia area, the blending of home and […]
Read More....Wawa Opening First Modular Drive-Thru Stores
As Wawa aims for simultaneous expansion across multiple regions, leveraging prefabricated construction methods could streamline the building process and expedite store openings. Constructing the majority of a new building off-site […]
Read More....The WCRE Team Marks our Twelve-Year Anniversary
This week, the WCRE team marks our twelve-year anniversary. Our success is the result of the trust and support we receive from our clients, colleagues, and our community. As we […]
Read More....Real Estate Giant Settles Class-Action Commission Lawsuits
Keller Williams Realty has reached a $70 million settlement in nationwide class-action lawsuits, alleging that the National Association of Realtors’ “participation rule” and “cooperative compensation” practices unfairly raised home sellers’ […]
Read More....Office Leasing Activity Increases But Remains Well Below Pre-Covid-19 Levels
Office leasing activity has shown signs of improvement in recent months, although it remains below pre-pandemic levels. According to VTS Inc., a commercial real estate leasing and asset-management platform, the […]
Read More....Goldman Sachs Further Backs New York Office-to-Residential Conversion
Goldman Sachs to Originate $395 Million Loan for Refinancing of 70 Pine St., a Former New York Office Property Converted to Residential Use Goldman Sachs is set to originate a […]
Read More....COREY HASSMAN JOINS WCRE TO LEAD DUAL-FOCUSED ROLE
WCRE EXPANDS RETAIL & INDUSTRIAL TEAM WITH NEW HIRE WCRE proudly announces the hiring of Corey Hassman, the firm’s newest Senior Advisor to service the Philadelphia and South Jersey commercial […]
Read More....Port Authority Bus Terminal Redevelopment: Adding Office and Retail Space
Port Authority Bus Terminal Redevelopment to Include Two Office Towers and Retail Space. During a Thursday press conference, the Port Authority of New York and New Jersey unveiled plans for […]
Read More....Rethinking ‘Flight to Quality’ in the Office Market
Despite its widespread use, the concept of ‘flight to quality’ falls short in capturing the nuanced dynamics of the office occupancy market. While it appears valid on the surface, a […]
Read More....The Latest Employment Rate for January 2024
The resilience of the U.S. labor market continues to astonish economists and Wall Street, with January seeing broad job gains totaling 353,000. Health care and social assistance led the hiring […]
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