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Regional Commercial Real Estate Trends

Philly’s First Indoor Pickleball Center to Open in Malvern

Philly’s First Indoor Pickleball Center to Open in Malvern

When temperatures drop and Philadelphia-area pickleball players scramble to find a place to play their increasingly popular sport indoors, they...
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Mortgage Bonds Coming Due in 2023

Mortgage Bonds Coming Due in 2023

Some $17 billion in mortgage bonds backed by office properties is coming due this year, in an environment where the...
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New Jersey’s Proposed Liquor License Reform Wins Support

New Jersey’s Proposed Liquor License Reform Wins Support

New Jersey Gov. Phil Murphy's proposal to overhaul what he described as the state's "antiquated and confusing" Prohibition-era liquor license...
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Some Retail Tenants look to Aggressively Expand

Some Retail Tenants look to Aggressively Expand

Despite lingering uncertainty in the economy, some retailers are preparing to roll out robust expansion plans in 2023 and subsequent...
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Office Owners Want to Own More Than Office Space

Office Owners Want to Own More Than Office Space

Many of the most prominent office developers in the U.S. are shifting gears, looking to buy or build real estate...
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WCRE FOURTH QUARTER 2022 REPORT

WCRE FOURTH QUARTER 2022 REPORT

Southern New Jersey & Philly Markets Buffeted By Rapid Interest Rate Hikes, Inflation Leasing and Sales are Down, and Some...
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US Industrial Development Starts the Plunge in the Fourth Quarter

US Industrial Development Starts the Plunge in the Fourth Quarter

Inflation and the higher interest rates accompanying it have finally begun to curtail the largest commercial real estate construction boom...
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Interest Rates and Economy Will Affect building Industry in 2023

Interest Rates and Economy Will Affect building Industry in 2023

Especially on the for-sale housing side, the construction market is slowing in the wake of higher interest rates and concerns...
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Royal Farms Plans for North Carolina Expansion

Royal Farms Plans for North Carolina Expansion

Royal Farms is the latest convenience store chain plotting a course to expand in the Southeast. Baltimore-based Royal Farms will...
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Five Below Store Openings are Slow but Moving Forward

Five Below Store Openings are Slow but Moving Forward

Discount retailer Five Below's store expansion slowed a bit this year, but the retailer still expects to be just about...
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Inflation Puts Cost of Living in Spotlight, Philly Ranking Affordability

Inflation Puts Cost of Living in Spotlight, Philly Ranking Affordability

The cost of living in the Philadelphia metro area is slightly higher than in the average U.S. market, with local...
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Retailers Cautiously Optimistic About Holiday Shopping

Covid-19 concerns are diminished, inflation worries are high. But consumers are ready to celebrate what's for many the first so-called...
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Amazon’s Strategy for Big Industrial Space Cuts

Amazon’s Strategy for Big Industrial Space Cuts

Retail behemoth Amazon is generally tight-lipped about its real estate strategy, and it didn't say much about its decision to...
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ULI Survey Predicts Modest Slowdown, Quick Economic Recovery

ULI Survey Predicts Modest Slowdown, Quick Economic Recovery

The Urban Land Institute's semi-annual survey of 40-plus economists and real estate industry analysts suggest an economic and real estate...
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World Series Matchup Between Astros and Phillies: A Costar Look

World Series Matchup Between Astros and Phillies: A Costar Look

A World Series between the Houston Astros and Philadelphia Phillies, set to start Friday in Texas, also is a matchup...
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Warehouse Demand Shows Signs of Cooling for First Time Since Pandemic’s Onset

Warehouse Demand Shows Signs of Cooling for First Time Since Pandemic’s Onset

The softening economy is finally catching up with the nation’s industrial real estate as a pandemic-fueled boom in warehouse demand...
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Fundamental Change Coming to Office Sector

Fundamental Change Coming to Office Sector

As the CEO of a company that produces one of proptech’s leading data visualization tools—offering advanced predictive analytics—Navigator’s Taylor Odegard...
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WCRE THIRD QUARTER 2022 REPORT

WCRE THIRD QUARTER 2022 REPORT

Southern New Jersey & Philly Markets Rebound Slightly, But Face New Challenges Potentially Difficult Obstacles On the Horizon, Though Silver...
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What Geographic Increases in Remote Work from Census Survey May Mean for Office Markets

What Geographic Increases in Remote Work from Census Survey May Mean for Office Markets

The U.S. Census Bureau released data from its 2021 American Community Survey earlier this month, including metrics that show how...
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U.S. Return-to-Office Rates Hit Pandemic High as More Employers Get Tougher

U.S. Return-to-Office Rates Hit Pandemic High as More Employers Get Tougher

Workers are returning to U.S. offices at the highest rate since the pandemic forced most workplaces to temporarily close in 2020,...
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How shifting office demand may factor into commercial mortgage market

How shifting office demand may factor into commercial mortgage market

Remote work that started as a temporary solution at the onset of the Covid-19 pandemic has made one of commercial...
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Center City is Seeing More Foot Traffic and Spending, but Also More Office Vacancies

Center City is Seeing More Foot Traffic and Spending, but Also More Office Vacancies

More people were visiting, living and spending in Center City Philadelphia this summer than they have since the start of...
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US Industrial Development Finally Catches Up With Tenant Demand

US Industrial Development Finally Catches Up With Tenant Demand

Last year, developers completed a bumper crop of new industrial property tallying 475 million square feet across the U.S. covering...
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Worries Over a Slowdown in Lending May Be Premature

Worries Over a Slowdown in Lending May Be Premature

Earlier this summer, when gas prices neared $5 per gallon and the United States was dealing with inflation worries, many...
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