Regional Commercial Real Estate Trends
New Jersey Readies Warehouse Development Guidance As ‘Sprawl’ Concerns Spread Nationally
New Jersey is drafting guidelines to help its more than 500 municipalities make decisions about the development of warehouses within their borders, as localities across the country grapple with a […]
Read More....Office demand in major US markets rises in March but ‘too early to tell’ long-term
At least one tracker of office-market demand in major U.S. markets shows an improvement in March, after five months of stagnation. VTS Inc.’s VTS Office Demand Index, or VODI, grew […]
Read More....Consumer Prices Break Another Record
Persistent supply constraints paired with the effect that the war in Europe is having on commodity markets — of both energy and agricultural products — are pushing overall prices higher […]
Read More....WCRE FIRST QUARTER 2022 REPORT
After a Pause, Southern New Jersey & Philly Markets Appear to have Overcome Omicron Commercial real estate brokerage WCRE reported in its analysis of the first quarter that the post-pandemic […]
Read More....Ex-Google CEO Eric Schmidt on why in-office work is better
After more than two years of remote work and multiple return-to-office delays, most Google employees are heading back to the office at least part-time — and ex-Google CEO and chairman Eric Schmidt couldn’t be happier […]
Read More....Backed by private equity, car wash operators scour Philadelphia market for locations
Scott Caplan turned his sights on the car wash business six years ago, raising a total of $11 millionin two investment rounds that has helped fund the rapid expansion of EverWash with […]
Read More....Target Rolls Out Its First Net-Zero Energy Store
Rooftop solar panels are old news, but solar panels in the parking lot have one of the most ubiquitous big-box retailers thinking net-zero. Target Corp. has retrofitted a store in Vista, California, […]
Read More....Retail sales will grow this year, but at a slower rate than in 2021
Retail sales in the U.S. are expected to grow between 6% and 8% this year, as Americans shift more of their spending to restaurants and trips and cope with sticker […]
Read More....Here’s how major companies are approaching the return to office
After two years of uncertainty and false starts, many companies are setting their return plans in motion. From tech giants to financial firms to small businesses, numerous companies have announced […]
Read More....Global Economy Suffering Collateral Damage From Ukraine Invasion
Well before Russia invaded Ukraine, the International Monetary Fund was already forecasting global economic growth to moderate this year, the result of ongoing inflation driven by supply chain disruptions, energy price […]
Read More....What Higher Interest Rates and Inflation Mean for Commercial Real Estate
The era of near zero interest rates appears to be nearing an end. Despite emergent geopolitical risks stemming from Russia’s invasion of Ukraine, mounting inflation now has the Fed’s full […]
Read More....Costs to develop, lease industrial keep soaring as demand for warehouses remains historically high
It’s now more expensive than ever to source, build and rent warehouse space — but that hasn’t tempered demand. The market has reached a point where industrial landlords are sometimes […]
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