Regional Commercial Real Estate Trends
Office Leasing in Manhattan is Improving
![Office Leasing in Manhattan is Improving](https://wolfcre.com/wp-content/uploads/2024/07/Blogs-2-150x150.png)
The Manhattan office market is showing notable improvement as we enter the second half of the year. Key indicators of this improvement include a potential peak in the overall office […]
Read More....Powell Suggests Fed Might Cut Rates Before Inflation Hits 2%
![Powell Suggests Fed Might Cut Rates Before Inflation Hits 2%](https://wolfcre.com/wp-content/uploads/2024/07/Blogs-1-150x150.png)
Federal Reserve Chair Jerome Powell stated on Monday that the central bank will not wait until inflation reaches 2% to cut interest rates. Speaking at the Economic Club of Washington […]
Read More....WCRE Second Quarter 2024 Report
![WCRE Second Quarter 2024 Report](https://wolfcre.com/wp-content/uploads/2024/07/WCRE-Second-Quarter-2024-Report-150x150.png)
Southern New Jersey & Philly CRE Markets Show Adaptability While Awaiting Rate Cuts Markets Strive for Stability Amid High Borrowing Costs and Inflation Commercial real estate brokerage WCRE reported in […]
Read More....Office Landlords Prefer a Type of Tennant
![Office Landlords Prefer a Type of Tennant](https://wolfcre.com/wp-content/uploads/2024/06/Untitled-design-3-9-150x150.png)
Many office landlords today are grateful for any lease they can secure to fill vacant space, but they do have preferences. Companies in the legal, banking, finance, and insurance industries […]
Read More....New Industrial Projects in Pennsylvania’s I-81 Corridor Leasing Faster Than Those Along I-95 in New Jersey
![New Industrial Projects in Pennsylvania’s I-81 Corridor Leasing Faster Than Those Along I-95 in New Jersey](https://wolfcre.com/wp-content/uploads/2024/06/Untitled-design-3-8-150x150.png)
The I-81 corridor in Central and Eastern Pennsylvania and the I-95 corridor in New Jersey are critical logistics hubs for distribution centers serving the densely populated eastern mid-Atlantic region. Each […]
Read More....Fed Holds Interest Rates Steady Amid Signs of Cooling Inflation
![Fed Holds Interest Rates Steady Amid Signs of Cooling Inflation](https://wolfcre.com/wp-content/uploads/2024/06/Untitled-design-3-6-150x150.png)
The Federal Reserve left its overnight lending rate unchanged at its seventh consecutive meeting this week, maintaining the target rate for banks between 5.25% and 5.5%, a 22-year high. This […]
Read More....Industrial Tenants Leasing Surge
![Industrial Tenants Leasing Surge](https://wolfcre.com/wp-content/uploads/2024/06/Untitled-design-3-2-150x150.png)
Concerns over inflation and higher interest rates affecting consumer spending remain widespread, but they are no longer causing industrial tenants to hesitate on lease transactions as they did last year. […]
Read More....Three Key Business Types Largely Driving Retail Demand Resurgence
![Three Key Business Types Largely Driving Retail Demand Resurgence](https://wolfcre.com/wp-content/uploads/2024/05/Untitled-design-3-6-150x150.png)
Despite headlines focusing on recent store closures, the overall U.S. retail sector has experienced a resurgence over the past couple of years. Vacancy rates have declined, and rents have risen […]
Read More....Philly Development Projects Delayed by Tough Financing Conditions
![Philly Development Projects Delayed by Tough Financing Conditions](https://wolfcre.com/wp-content/uploads/2024/05/Untitled-design-3-3-150x150.png)
Major Philadelphia real estate projects aimed at transforming the city have been derailed by challenging financing and macroeconomic conditions. High interest rates, which rose to combat inflation, remain elevated in […]
Read More....Center City’s Outdoor Dining Now Surpasses Pre-Pandemic Levels
![Center City's Outdoor Dining Now Surpasses Pre-Pandemic Levels](https://wolfcre.com/wp-content/uploads/2024/05/Untitled-design-3-2-150x150.png)
The latest State of Center City report unveils positive trends for the district, encompassing key landmarks such as City Hall, the Pennsylvania Convention Center, and the Ensemble Arts campus. Retail […]
Read More....Walmart Closing All US Health Clinics Due to Profitability Issues
![Walmart Closing All US Health Clinics Due to Profitability Issues](https://wolfcre.com/wp-content/uploads/2024/05/Your-paragraph-text-150x150.png)
Walmart (WMT.N) announced on Tuesday it will close all 51 of its health clinics and end its virtual healthcare services, citing unsustainable business operations. Walmart spokeswoman Marilee McInnis stated, “Healthcare […]
Read More....WCRE April 2024 Newsletter
![WCRE April 2024 Newsletter](https://wolfcre.com/wp-content/uploads/2024/05/WCRE-April-2024-newsletter-150x150.jpg)
In the WCRE April 2024 Newsletter, we cover a variety events impacting Philadelphia, South Jersey, New York and U.S. Commercial Real Estate. This month we cover major developments in Philadelphia […]
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