Office and Industrial Sales Hold Steady as Overall CRE Sales Drift Lower
Investors continued to buy less commercial real estate in both the second quarter and the first half of 2017 compared...Continue reading→
Separate Construction Outlooks Predict Good Times Ahead for Commercial Developers
Industry reports released recently, including a new index launched by the U.S. Chamber of Commerce and materials supplier USG Corp.,...Continue reading→
Retail Mall Vacancies Are No Longer Just a Class C Issue
Store closures have been the talk of the retail industry over the first five months of the year, with Sears-Kmart,...Continue reading→
Dearth of Properties Holding Back U.S. Industrial Sales Volumes
The U.S. industrial real estate market is seeing a shortage of bulk warehouse and logistic centers available for sale along...Continue reading→
Unprecedented Chinese Investment in U.S. CRE Raises Concern
As investors from China continue to make substantial purchases in the U.S. commercial real estate market – including Philly office...Continue reading→
Philadelphia Office Vacancy Rate Drops Below 9 Percent
The Philadelphia Office market ended the first quarter of 2017 with a vacancy rate of 8.7%. The vacancy rate was...Continue reading→
Restrained Optimism Reigns in Latest CRE Growth Forecast
Reflecting what might be described as restrained optimism, the latest Urban Land Institute (ULI) Real Estate Consensus Forecast, just released...Continue reading→
Demand for Industrial Properties Expected to Remain Strong
The outlook for industrial real estate in the commercial real estate market – including Philly office space, Philly retail space...Continue reading→
Banks Again Increase Pace of Construction Lending, Raising Regulatory Concerns
The construction and development (C&D) lending category for U.S. banks was once again the most rapidly growing loan category in...Continue reading→
CRE Execs Balance Tax Reform Optimism with Interest Rate Concern
With a commercial real estate executive now in the White House, 69 percent of the CRE executives responding to a...Continue reading→
Office Construction Completions to Peak In 2017
Steady growth in office-based employment over the last few years, and rising demand from big employers for a diminishing supply...Continue reading→
Major CRE Construction Activity Expected to Moderate Following Strong 2016
Construction starts are expected to trend lower this year following a 2016 that is shaping up to be both a...Continue reading→
U.S. Office Construction Extends Recovery by Closely Matching Demand
The 135 million square feet of office space under construction at the end of the third quarter across the U.S....Continue reading→
Retailers Expect Real Estate Trends to Continue in 2017
The theatrical phrase “to be continued” usually signals an exciting story twist is coming. But anyone hoping for a plot...Continue reading→
E-Commerce Growth Shifts Construction Demand from Retail to Logistics
The appetite of internet-based sellers and other retailers for newly built logistics properties drove net absorption of industrial real estate...Continue reading→
Rail Park Construction Continues Transformation of Callowhill Neighborhood
VIEW ARTICLE IN PDF Construction of the Reading Viaduct rail park began this month with the receipt of $3.5 million...Continue reading→
Repeat Sale Index Shows Broad CRE Price Growth
A challenging investment environment is pushing real estate investors to look beyond traditional markets and property types into niche areas...Continue reading→
Sunbelt Office Markets Shine in Broad-Based Third Quarter Recovery
Driven this year by solid office demand growth in Sunbelt markets across the country, the national office occupancy rate is...Continue reading→
Law Firms Downsizing Office Space Needs
Law firms this year are leasing on average far less office space than at any time since the commercial real...Continue reading→
Outstanding CRE Debt Expected to Surpass Pre-Recession Peak
Commercial nonresidential debt outstanding in the U.S. commercial real estate market – including Philly office space, Philly retail space and...Continue reading→