Regional Commercial Real Estate Trends
10 Most Inventive and Inspiring CRE Projects
LoopNet’s readers continued to be captivated by adaptive reuse projects in the past year. Innovative endeavors demonstrated how tenants and owners could unlock potential in unconventional spaces, leading to creative […]
Read More....Whole Food is Trying Small Format Stores
Whole Foods Market, seeking expansion in urban areas, is set to join the trend of retailers opening small-format stores nationwide. The Austin, Texas-based grocery chain, owned by Amazon, revealed plans […]
Read More....Philadelphia’s Retail Sector is the Sole Property Type Experiencing a Reduction in Vacancy
Between the first quarters of 2020 and 2024, the Philadelphia commercial real estate market exhibited diverse trends in its major sectors—retail, industrial, multifamily, and office. Retail defied expectations, experiencing consistent […]
Read More....The flight-to-Quality Trend in the Office Market has Unique Nuances
The emphasis on state-of-the-art “trophy” office spaces is often highlighted as a primary factor influencing corporate site decisions, particularly in the post-Covid-19 era. This preference may primarily stem from the […]
Read More....New York Building Sales Come Together
One individual is forging a path through the challenging landscape of today’s investment sales market, inspiring other commercial landlords to follow suit. Wharton Properties’ Jeff Sutton has recently achieved extraordinary […]
Read More....City Planning Commission Forwards Commercial Zoning Adjustments to City Council
The City Planning Commission has approved the Adams administration’s comprehensive commercial zoning reforms, named City of Yes for Economic Opportunity, advancing it to the New York City Council. The reforms, […]
Read More....The Conversion of Philadelphia’s Office Buildings Needs to Commence Immediately
The COVID pandemic has left an indelible mark on our collective memory, reshaping the way people work and where they work. In the Philadelphia area, the blending of home and […]
Read More....Wawa Opening First Modular Drive-Thru Stores
As Wawa aims for simultaneous expansion across multiple regions, leveraging prefabricated construction methods could streamline the building process and expedite store openings. Constructing the majority of a new building off-site […]
Read More....Rethinking ‘Flight to Quality’ in the Office Market
Despite its widespread use, the concept of ‘flight to quality’ falls short in capturing the nuanced dynamics of the office occupancy market. While it appears valid on the surface, a […]
Read More....The Latest Employment Rate for January 2024
The resilience of the U.S. labor market continues to astonish economists and Wall Street, with January seeing broad job gains totaling 353,000. Health care and social assistance led the hiring […]
Read More....NYC’s Office Return Surges, Reaching 70% of Pre-Pandemic Levels
In December, the resurgence of the return-to-office trend saw average visitation rates at 350 Manhattan buildings climb to 67% of 2019 levels, as reported by the Real Estate Board of […]
Read More....Rising Retail Capitalization Rates Amid Sustained Consumer Demand
After a period of price discovery, the Philadelphia region is adjusting to a new valuation standard for commercial real estate assets. Recent transactions indicate that the higher interest rates of […]
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