Philadelphia Retail Space Vacancy Rate Remains Steady in First Quarter
Vacancies in the Philadelphia retail space market were basically unchanged in the first quarter 2015, according to a new market...Continue reading→
WCRE HONORED WITH 2014 COSTAR POWER BROKER AWARD
WCRE HONORED WITH 2014 COSTAR POWER BROKER AWARD Local Firm Selected by Commercial Real Estate’s Largest Research Organization as...Continue reading→
Commercial Property Pricing Continues to Climb
Commercial property prices continued to rise across all property types in most markets in January, according to a new report...Continue reading→
Top Philly Office Space Leases in Q4 2014
Subaru of America’s new corporate headquarters was the select top Philly office space lease signed in the fourth quarter 2014...Continue reading→
Philadelphia Industrial Space Deliveries, Construction and Inventory
The Philadelphia industrial space market grew by 327,200 square feet in the fourth quarter 2014 with the completion of three...Continue reading→
A Very Good Year for Commercial Real Estate
With 2014’s increase in pricing levels and occupancies, vacancies that remained near cyclical lows, and rent growth that registered significant...Continue reading→
U.S. Construction Spending Hits Six-Year High
U.S. construction spending rose in all three sectors — commercial, public and residential — in December 2014, with total construction...Continue reading→
Demand for U.S. Office Space to Remain Strong for Two Years
Fueled by falling vacancy rates and rising rents in an increasing number of submarkets, demand for U.S. office space is...Continue reading→
Philly Office Space Vacancies Unchanged as Fourth Quarter Ends
Vacancies in the Philly office space market remained steady at the end of the fourth quarter 2014, closing out the...Continue reading→
South Jersey Commercial Real Estate Market Sails from Strong 2014 into Strong 2015
With several large employers planning to relocate to Camden, NJ and improvements in key indicators across the board, South Jersey...Continue reading→
Commercial Property Pricing and Property Sales Activity Still Rising
Property pricing trends continued their upward climb in October, according to a new report from the CoStar Group. The CoStar...Continue reading→
Commercial Real Estate Lending Soars at U.S. Banks
Commercial real estate lending has ballooned at U.S. banks with more than $100 billion in new loans added to the...Continue reading→
Young Clientele Drives Market for Center City Philly Retail Space
Millennials, young families, office workers and tourists are driving the increasingly vibrant Center City Philadelphia retail scene, sparking renewed interest...Continue reading→
Third Quarter Philly Retail Space Deliveries, Construction and Inventory
Five new Philadelphia retail buildings delivered to the market for retail space in Philly in the third quarter 2014, adding...Continue reading→
National Office Space Vacancies Stable in Third Quarter
The national office space vacancy rate, which includes the Philadelphia office space market, stood firm at 16.8 percent in the...Continue reading→
U.S. Construction Buoyed by U.S. Commercial Real Estate Spending
U.S. construction spending was flat in September, but spending on office, hotel, retail and other U.S. commercial real estate projects...Continue reading→
Philadelphia Industrial Space Vacancy Rate Drops
The Philadelphia industrial space vacancy rate dropped to 8.3% in the third quarter 2014, according to the newest trend report...Continue reading→
Philadelphia Office Space Vacancies Stable in Third Quarter
Vacancies for office space in Philadelphia were stable in the third quarter 2014, ending the quarter at 11% for the...Continue reading→
Three Years of Growth Predicted for U.S. Commercial Real Estate Market
Moderate economic growth will support steady strengthening in U.S. commercial real estate capital markets and fundamentals during the next three...Continue reading→
U.S. Office Space Market at Highest Level Since 2008 Recession
Spurred by job growth, rising rental rates and falling office vacancies, developers in several major markets have begun to break...Continue reading→
