Jason M. Wolf
US Industrial Development Starts the Plunge in the Fourth Quarter
Inflation and the higher interest rates accompanying it have finally begun to curtail the largest commercial real estate construction boom by square footage recorded for any property type in the […]
Read More....Interest Rates and Economy Will Affect building Industry in 2023
Especially on the for-sale housing side, the construction market is slowing in the wake of higher interest rates and concerns about a recession in 2023. In November, total construction starts […]
Read More....Royal Farms Plans for North Carolina Expansion
Royal Farms is the latest convenience store chain plotting a course to expand in the Southeast. Baltimore-based Royal Farms will open stores in six North Carolina cities starting in early […]
Read More....Five Below Store Openings are Slow but Moving Forward
Discount retailer Five Below’s store expansion slowed a bit this year, but the retailer still expects to be just about on target to debut 1,000 brick-and-mortar sites in the next […]
Read More....Inflation Puts Cost of Living in Spotlight, Philly Ranking Affordability
The cost of living in the Philadelphia metro area is slightly higher than in the average U.S. market, with local residents paying more for housing and utilities but less for […]
Read More....Retailers Cautiously Optimistic About Holiday Shopping
Covid-19 concerns are diminished, inflation worries are high. But consumers are ready to celebrate what’s for many the first so-called normal holiday season in three years, which experts say should […]
Read More....Amazon’s Strategy for Big Industrial Space Cuts
Retail behemoth Amazon is generally tight-lipped about its real estate strategy, and it didn’t say much about its decision to trim its industrial portfolio earlier this year. Still, through its […]
Read More....ULI Survey Predicts Modest Slowdown, Quick Economic Recovery
The Urban Land Institute’s semi-annual survey of 40-plus economists and real estate industry analysts suggest an economic and real estate slowdown are on the horizon. The survey, released every May […]
Read More....World Series Matchup Between Astros and Phillies: A Costar Look
A World Series between the Houston Astros and Philadelphia Phillies, set to start Friday in Texas, also is a matchup of two of the country’s most important commercial real estate […]
Read More....Warehouse Demand Shows Signs of Cooling for First Time Since Pandemic’s Onset
The softening economy is finally catching up with the nation’s industrial real estate as a pandemic-fueled boom in warehouse demand shows signs of slowing. The U.S. industrial vacancy rate ticked […]
Read More....Fundamental Change Coming to Office Sector
As the CEO of a company that produces one of proptech’s leading data visualization tools—offering advanced predictive analytics—Navigator’s Taylor Odegard has no trouble visualizing the future of offices in central […]
Read More....WCRE THIRD QUARTER 2022 REPORT
Southern New Jersey & Philly Markets Rebound Slightly, But Face New Challenges Potentially Difficult Obstacles On the Horizon, Though Silver Linings Remain Commercial real estate brokerage WCRE reported in its […]
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