WCRE Information Library
Understanding Section 45L & Section 179D Tax Credits
The recently enacted Covid-19 relief package titled “Consolidated Appropriations Act, 2021” has extended the Federal Energy Tax Credit (Section 45L) through December 31, 2021 and made the Energy Efficient Commercial […]
Read More....Philadelphia’s Building Energy Performance Policy
Understanding Philadelphia’s Building Energy Performance Policy. As cities and municipalities look to implement solutions that will reduce carbon emissions, Pennoni is positioned to help meet the voluntary or mandatory requirements […]
Read More....Prevent Loss with Sprinkler Systems in Commercial Buildings
Retrofitting your property with fire sprinkler systems or demanding their addition into your newly built property—might add expenses today but may help your firm achieve significant cost-savings in the long […]
Read More....Leasing a Historic Building for Your Business
Let’s explore the Pros and Cons of Leasing a Historic Building for Your Business. What Is a Historic Building? What are the advantages? What are the disadvantages? Though America has […]
Read More....Commercial Parking Lots: 4 Things You Should Know
When it comes to commercial parking lots, a well-paved and maintained parking lot has a greater impact on the customer experience than you may realize. Parking lots are the first […]
Read More....WCRE FIRST QUARTER 2021 REPORT
WCRE FIRST QUARTER 2021 REPORT: SOUTHERN NEW JERSEY & PHILLY MARKETS DOWN DUE TO THE PANDEMIC, BUT NOT OUT Good News on Public Health and the Economy Holds the Promise […]
Read More....Tips for Renovating Commercial Office Space
Let’s look at some tips for renovating commercial office space. Commercial office spaces come in all shapes and sizes, but even that variety isn’t always enough to meet your every […]
Read More....Importance of the Tenant Representative in Commercial Real Estate
Let’s look at the importance of the tenant representative in commercial real estate transactions. You may think that you don’t need a commercial real estate agent when leasing a building […]
Read More....Real Property Definition in Relation to 1031 Exchanges
The 2017 Tax Cuts and Jobs Act (TCJA) amended §1031 like-kind exchanges to restrict the applicability to real property, but as with other TCJA provisions the changes created more questions […]
Read More....Calculating a Commercial Real Estate Valuation
How is a commercial real estate valuation calculated and what can you do to get it right? Knowledge is power when assessing the value of a piece of commercial real […]
Read More....Understanding New Jersey’s Cannabis Regulatory Commission (“CRC”)
On February 22, 2021, Governor Murphy signed recreational adult-use cannabis bills into law. The law establishes a five-member Cannabis Regulatory Commission (“CRC”) to regulate the industry. The CRC must now […]
Read More....Management of Office Decommissioning Due to Covid-19
Many companies are considering office decommissioning strategies and many of us are questioning whether the office landscape will ever be the same again. For some companies it no longer makes […]
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