Regional Commercial Real Estate Trends
Office Features’ Impact on Tenant Premiums
In recent years, office tenants nationwide have downsized their real estate holdings, but certain building features not only retain tenants but also command premium rents. Amenities like roof terraces, sky […]
Read More....REIT’s Pour Into Healthcare Real Estate As ‘Grey Tsunami’ Approaches
The conclusion of 2023 witnessed a significant uptick in investments by real estate investment trusts (REITs) in healthcare properties, driven by the opportunity to capitalize on an aging populace with […]
Read More....Philly’s Inflation Remains Sticky
The latest release from the Bureau of Labor Statistics indicates that the Philadelphia metropolitan area continues to grapple with inflation rates surpassing those of the broader country. Philadelphia’s core inflation, […]
Read More....The Commercial Real Estate Super Broker Era Comes to an End
Has the era of the super broker come to an end? This question surfaced recently as two prominent New York City-based investment sales brokers departed from their positions at large […]
Read More....Increase of Medical Office Leases in New York
More New Yorkers can anticipate the arrival of medical providers in their neighborhoods soon. According to a report by JLL, the medical office inventory in New York City reached 6.3 […]
Read More....Fresh Incentives are Targeted at Kickstarting the Conversion of Office Buildings
For years, municipalities have utilized incentives to stimulate desired investments or address persistent issues requiring private-sector involvement. Presently, city officials are rolling out or enhancing programs to promote office-to-residential conversion […]
Read More....$3.3 Billion in Federal Grants is Accelerating the Initiation of Numerous Projects
Federal officials have disclosed the distribution of the remaining grants for transportation and commercial developments in cities such as Boston, Chicago, and New York. The U.S. Department of Transportation […]
Read More....Dollar Tree is Set to Close 970 Family Dollar Stores
Dollar Tree fell short of market expectations for holiday-quarter sales and profit on Wednesday, announcing plans to close 970 of its Family Dollar stores as part of efforts to revamp […]
Read More....National Office Attendance Shows Gradual but Consistent Increase
Achieving a return to pre-pandemic office attendance levels has been neither swift nor simple, but there is a gradual and consistent uptick in workplace foot traffic. As companies implement more […]
Read More....Midtown South Rezoning May Pave the Way for 4,000 New Homes
New York City planning officials aim to revitalize a 42-block area in Midtown South, introducing a draft zoning plan that would permit taller, mixed-use buildings in the region between Fifth […]
Read More....New York’s Industrial Space Outpaces National and Major City Growth
The U.S. industrial sector is contending with a surge in available space, with New York experiencing a faster increase than other cities. Nationwide, a building boom has contributed to a […]
Read More....Real Estate’s Biggest Turnover in 20 Years
The commercial real estate sector, known for its dynamic players, has seen significant movement among industry leaders in brokering (leasing and sales), management (including top executives), and lending, largely influenced […]
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