Phil Costa
Commercial Real Estate Mortgage Debt Surges to New Record
Mortgage debt underlying offices, apartments, and other non-farm commercial real estate rose the most in any quarter on record to a new high of $3.27 trillion in the second quarter […]
Read More....Industrial Real Estate Sales Lead All Property Sectors
Industrial property sales outperformed other major commercial sectors across the country in the second quarter, driven by the popularity of online retailer Amazon and the migration of brick and mortar […]
Read More....Commercial Construction Surges as Demand Counters Higher Labor, Materials Costs
Robust commercial construction is projected to carry through the second half of 2018 and into next year, overcoming a shortage of skilled workers and any effects of tariffs on the […]
Read More....Zeroing in on Center City Philadelphia’s Tightest Office Micro Markets
Market Street West – the portion of Market Street running from City Hall to 21st Street – is seen by most Philadelphia office space brokers and investors as Center City’s […]
Read More....Shopping Center Closures Near 100 Million Square Feet
Retailers are focusing on their top-performing locations and shedding marginal stores with announced closures so far in 2018 totaling nearly 100 million square feet as demand for mall and shopping […]
Read More....New Fed Chair Expects Inflation Rate to Move Higher
In a widely expected but still worrisome move for commercial real estate investors and financial markets, the Federal Reserve Bank recently raised the federal funds rate a quarter point from […]
Read More....Playtime Is Over; Toys R Us Closes Its Remaining 735 Stores Nationwide
Beloved by kids and landlords, but largely shunned by consumers this past holiday shopping season, Toys R Us has officially announced it is winding down operations and closing 735 stores, […]
Read More....WCRE Honored with 2017 CoStar Power Broker Award
Local Firm Selected by Commercial Real Estate’s Largest Research Organization as One of the Top Leasing Firms in the Market Wolf Commercial Real Estate (WCRE) has been selected by CoStar […]
Read More....Philadelphia Office Vacancy Rate Drops Below 9 Percent
The Philadelphia Office market ended the first quarter of 2017 with a vacancy rate of 8.7%. The vacancy rate was down from the previous quarter, with net absorption totaling positive […]
Read More....WCRE Honored With 2016 CoStar Power Broker Award
WCRE, a local South Jersey commercial real estate firm was selected by commercial real estate’s largest research organization (CoStar) as one of the top leasing and sales firms in the […]
Read More....Wolf Commercial Honored with 2015 CoStar Power Broker Award
Local Firm Selected by Commercial Real Estate’s Largest Research Organization as One of the Top Leasing and Sales Firms in the Market Wolf Commercial Real Estate has been selected by CoStar […]
Read More....Philadelphia Retail Space Could See Spike in Retail Chain Stores
Retail chains in the United States, including those in the market for Philadelphia retail space, will open 42,506 stores in the next year and 79,650 stores in the next two […]
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