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Regional Commercial Real Estate Trends

A Snapshot of An Unprecedented Industrial Market in Southern New Jersey

A Snapshot of An Unprecedented Industrial Market in Southern New Jersey

Navigating the New Jersey industrial market since the COVID Pandemic in 2020 has created an ultra-competitive and fierce landscape for...
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New Jersey Readies Warehouse Development Guidance As ‘Sprawl’ Concerns Spread Nationally

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...
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Office demand in major US markets rises in March but ‘too early to tell’ long-term

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...
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Consumer Prices Break Another Record

Consumer Prices Break Another Record

Persistent supply constraints paired with the effect that the war in Europe is having on commodity markets — of both...
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WCRE FIRST QUARTER 2022 REPORT

WCRE FIRST QUARTER 2022 REPORT

After a Pause, Southern New Jersey & Philly Markets Appear to have Overcome Omicron Commercial real estate brokerage WCRE reported...
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Ex-Google CEO Eric Schmidt on why in-office work is better

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...
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Backed by private equity, car wash operators scour Philadelphia market for locations

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...
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Target Rolls Out Its First Net-Zero Energy Store

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...
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Retail sales will grow this year, but at a slower rate than in 2021

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...
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Here’s how major companies are approaching the return to office

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...
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Global Economy Suffering Collateral Damage From Ukraine Invasion

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...
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What Higher Interest Rates and Inflation Mean for Commercial Real Estate

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...
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Costs to develop, lease industrial keep soaring as demand for warehouses remains historically high

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...
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Economic Momentum Weakens as US Enters the New Year

Economic Momentum Weakens as US Enters the New Year

As the Federal Reserve signals its intention to raise interest rates soon to battle rising inflation, it’s been easy to...
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Bank Branch Closings Hit Another Record High

Bank Branch Closings Hit Another Record High

Last year produced another record-high number of bank branch closings with 3,601 locations shutting their doors, according to Federal Deposit...
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Why Companies Aren’t Cutting Back on Office Space

Why Companies Aren’t Cutting Back on Office Space

In our monthly surveys of 5,000 American workers and 500 U.S. employers, and in our numerous conversations with managers, a huge...
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Philadelphia On Track For Record Construction Activity In 2022

Philadelphia On Track For Record Construction Activity In 2022

This year, Philadelphia is about to say “Yes In My Back Yard” to new development on an unprecedented scale. Over...
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Top 10 Tallest Buildings Under Construction In Philadelphia In 2022

Top 10 Tallest Buildings Under Construction In Philadelphia In 2022

Given the number of new permits issued last year, Philadelphia appears on track for a record volume of construction this year....
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Drexel expert forecasts what the Philadelphia-area housing market will look like in 2022

Drexel expert forecasts what the Philadelphia-area housing market will look like in 2022

As Greater Philadelphia’s residential real estate market continues to grapple with severely depleted inventory, a Drexel University expert projects buyers...
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WCRE FOURTH QUARTER 2021 REPORT

WCRE FOURTH QUARTER 2021 REPORT

MOMENTUM IN SOUTHERN NEW JERSEY & PHILLY MARKETS STYMIED BY SURGING OMICRON VARIANT Industrial Continues Record-Breaking Run, While Return-to-Office Plans...
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CMBS delinquency rate sees uptick for first time since June 2020

CMBS delinquency rate sees uptick for first time since June 2020

For the first time in 18 months, the rate of delinquency among properties that secure debt in commercial-mortgage-backed securities loan...
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Announced Store Closings in 2021 Approach an All-Time Low

Announced Store Closings in 2021 Approach an All-Time Low

Despite rising cases of breakthrough coronavirus infections and the resulting uncertainty over the efficacy of current vaccines against variants, the...
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The 6 Storylines That Defined 2021 In Philadelphia CRE

The 6 Storylines That Defined 2021 In Philadelphia CRE

Though Philadelphia is finishing 2021 with the pandemic in as serious a state as it was when the year began, the city's...
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Office Occupancy Hits New Pandemic-Era High

Office Occupancy Hits New Pandemic-Era High

Despite the lingering effects of Thanksgiving dinners across the nation, more workers returned to office buildings in the first week of December...
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