Bank Branch Closings Accelerate as Consolidations Continue to Rise
Banks are closing more branches at a faster pace as clients choose technology over tellers, with the outlets shut in...Continue reading→
Office Space Near Philadelphia Independence Hall in Great Demand
Could there be signs the Philadelphia Independence Hall office market is heating up? Throughout 2015 and 2017 Independence Hall was...Continue reading→
Landlords Could Seize Opportunity If Papa John’s Shuts Stores
It’s not often that commercial real estate landlords want to lose tenants, but that may be the case with the...Continue reading→
Commercial Real Estate Mortgage Debt Surges to New Record
Mortgage debt underlying offices, apartments, and other non-farm commercial real estate rose the most in any quarter on record to...Continue reading→
New Jersey Bill Aims to Help Vacant Malls, Office Parks
New Jersey lawmakers are making a new legislative push to help rid the state of its vacant and half-empty malls...Continue reading→
Big Retailers Shrink Stores to Boost Sales
Plans by fast-food chain Taco Bell to open 300 new small-format restaurants across the country in the next four years...Continue reading→
How to Fill Empty Mall Space? Incubate Your Own Tenants
Mall operators are taking a page from the playbook of their office counterparts and setting up retail incubators in some...Continue reading→
Commercial Construction Spending Headed to Record High
Spending on hotel, office, distribution, and other commercial and public buildings likely will expand for an unprecedented ninth-consecutive year in...Continue reading→
Industrial Real Estate Sales Lead All Property Sectors
Industrial property sales outperformed other major commercial sectors across the country in the second quarter, driven by the popularity of...Continue reading→
Commercial Construction Surges as Demand Counters Higher Labor, Materials Costs
Robust commercial construction is projected to carry through the second half of 2018 and into next year, overcoming a shortage...Continue reading→
Zeroing in on Center City Philadelphia’s Tightest Office Micro Markets
Market Street West – the portion of Market Street running from City Hall to 21st Street – is seen by...
Bala Cynwyd Office Market Appears to be on the Rebound
Bala Cynwyd’s office market, while not currently experiencing five percent rent growth, currently is experiencing its highest occupancy rate in...Continue reading→
Banks Ease Lending Standards for CRE Loans
For the first time in nearly three years, U.S. banks report they have loosened their lending requirements for some types...Continue reading→
Casinos Hit Jackpot as Court Allows Legalization of Sports Betting
In a boost not to just Atlantic City but to betting venues across the country, the Supreme Court this week...Continue reading→
Shopping Center Closures Near 100 Million Square Feet
Retailers are focusing on their top-performing locations and shedding marginal stores with announced closures so far in 2018 totaling nearly...Continue reading→
Casino Firms Roll the Dice Again on Atlantic City
Placing their bets on a slowly rebounding local economy — and the prospects for legalized sports gambling in the state...Continue reading→
CRE Loan Prices Compress as Lending Competition Increases
Despite record liquidity, demand for commercial real estate loans softened in recent months, leaving eager lenders chasing fewer borrowers. As...Continue reading→
Outlet Center CRE Market Will Weather Nine West Closures
The recent Chapter 11 bankruptcy reorganization filing of shoe and apparel wholesaler Nine West Holdings Inc. focused the retail spotlight...Continue reading→
New Fed Chair Expects Inflation Rate to Move Higher
In a widely expected but still worrisome move for commercial real estate investors and financial markets, the Federal Reserve Bank...Continue reading→
Playtime Is Over; Toys R Us Closes Its Remaining 735 Stores Nationwide
Beloved by kids and landlords, but largely shunned by consumers this past holiday shopping season, Toys R Us has officially...Continue reading→
