Office Inventory in NJ Declining Again
Over the past decade, many New Jersey office owners have opted to divest underperforming assets rather than invest in costly...Continue reading→
Fed Cuts Rates as Labor Market Softens
The Federal Reserve lowered its benchmark interest rate by 25 basis points in September, setting the new target range at...Continue reading→
Aging Inventory Slows Retail Rent Growth in Philadelphia
Philadelphia’s retail sector continues to lag behind other major U.S. markets when it comes to rent growth. In the third...Continue reading→
Retail Bankruptcies Repeat as “Chapter 22” Trend Grows
Bankruptcy isn’t bringing second chances for many U.S. retailers. A wave of chains have returned to court only a few...Continue reading→
Industrial Real Estate Hits First Decline in Over a Decade
Five years ago, the e-commerce boom made warehouses the hottest play in commercial real estate. Growth began to cool in...Continue reading→
High-Vacancy Office Buildings Now Hold Greater Share of Empty Space
For years, vacant office space in most markets has been concentrated in a relatively small set of properties. Today, however,...Continue reading→
U.S. Retail Sales Rise in July Despite Inflation Concerns
U.S. retail and food service sales rose 0.5% in July compared with the previous month and were up 3.9% year-over-year,...Continue reading→
U.S. Industrial Market Faces Slower Demand Amid Economic Uncertainty
After a strong start to 2025, the U.S. industrial real estate market is showing signs of cooling as tenant demand...Continue reading→
Consumer Confidence Rises Slightly Amid Market Gains and Tariff Truce
American consumers showed a modest uptick in optimism in early July, buoyed by a strong stock market and a temporary...Continue reading→
Major Changes to New Jersey’s Mansion Tax Now in Effect
As of July 1, 2025, New Jersey’s 2026 State Budget has officially gone into effect, bringing with it significant changes...Continue reading→
Philly Metro Job Market Surges in May, Led by Health and Education Sectors
The Philadelphia-Camden-Wilmington metro area experienced notable job growth in May 2025, with preliminary data from the Bureau of Labor Statistics...Continue reading→
The Office Sector is Recovering But Not Widespread
Over the past year, the decline in office occupancy has significantly eased, and a spike in leasing activity suggests that...Continue reading→
Philly Workforce Expands Amid Sector Shifts
Philadelphia’s job market remains resilient despite national concerns around tariffs and business uncertainty. In April 2025, the region added 14,800...Continue reading→
U.S. Employment Grows by 139,000 in May, Beating Forecasts
Hiring remained relatively stable in May, even as businesses and consumers navigated economic uncertainty tied to tariffs and a potential...Continue reading→
May Consumer Confidence Jumped on Trade Deal Optimism
Consumer optimism saw a strong rebound in May, driven by hopes for trade peace between the U.S. and China, according...Continue reading→
Industrial Construction Taking Shape in Lehigh Valley
The Lehigh Valley remains Pennsylvania’s second-most active construction market, well behind Greater Philadelphia but showing steady momentum. While industrial construction...Continue reading→
Returning to Office is Becoming the Norm
As more corporations mandate stricter return-to-office policies in 2025, in-person workplace attendance continues to climb, and in some major metros,...Continue reading→
May 2025 Economic Outlook
By early May, equity markets had rebounded from April’s losses, and recent data has yet to show a sharp drop...Continue reading→
Office Market Booms Due to Soft Labor Market
A cooling labor market may be breathing new life into the office real estate sector, according to reporting by San...Continue reading→
Office Leasing is Slowing Down Due to Economic Uncertainty
Office leasing activity has shown signs of recovery in key markets and sectors in recent months. However, that momentum may...Continue reading→
