WCRE Second Quarter 2024 Report
Southern New Jersey & Philly CRE Markets Show Adaptability While Awaiting Rate Cuts Markets Strive for Stability Amid High Borrowing...Continue reading→
Office Landlords Prefer a Type of Tennant
Many office landlords today are grateful for any lease they can secure to fill vacant space, but they do have...Continue reading→
New Industrial Projects in Pennsylvania’s I-81 Corridor Leasing Faster Than Those Along I-95 in New Jersey
The I-81 corridor in Central and Eastern Pennsylvania and the I-95 corridor in New Jersey are critical logistics hubs for...Continue reading→
Fed Holds Interest Rates Steady Amid Signs of Cooling Inflation
The Federal Reserve left its overnight lending rate unchanged at its seventh consecutive meeting this week, maintaining the target rate...Continue reading→
Industrial Tenants Leasing Surge
Concerns over inflation and higher interest rates affecting consumer spending remain widespread, but they are no longer causing industrial tenants...Continue reading→
Three Key Business Types Largely Driving Retail Demand Resurgence
Despite headlines focusing on recent store closures, the overall U.S. retail sector has experienced a resurgence over the past couple...Continue reading→
Philly Development Projects Delayed by Tough Financing Conditions
Major Philadelphia real estate projects aimed at transforming the city have been derailed by challenging financing and macroeconomic conditions. High...Continue reading→
Center City’s Outdoor Dining Now Surpasses Pre-Pandemic Levels
The latest State of Center City report unveils positive trends for the district, encompassing key landmarks such as City Hall,...Continue reading→
Walmart Closing All US Health Clinics Due to Profitability Issues
Walmart (WMT.N) announced on Tuesday it will close all 51 of its health clinics and end its virtual healthcare services,...Continue reading→
WCRE April 2024 Newsletter
In the WCRE April 2024 Newsletter, we cover a variety events impacting Philadelphia, South Jersey, New York and U.S. Commercial...Continue reading→
Center City Leaders Prioritize Residential Growth Amid Office Slowdown
Since 2021, over 7,000 new residential units have been built in Center City, transforming its daily population over the past...Continue reading→
Neutrogena to Close LA HQ, Shift Operations to NJ
Neutrogena is relocating its Los Angeles headquarters to New Jersey as part of a consolidation effort by its parent company,...Continue reading→
Adams & Company’s Midtown Buildings Unite Textile Tenants
Adams & Company aims to transform its buildings into specialized hubs, evidenced by recent agreements with textile companies. Principal David...Continue reading→
2024 Trends in Commercial Real Estate
Let’s look at some trends in commercial real estate and what is driving them. The relationship between supply and demand...Continue reading→
The exclusivity of New York’s million-dollar earner club is diminishing
Between 2020 and 2021, New York saw an increase of over 21,000 tax filers reporting earnings of $1 million or...Continue reading→
Being Together in the Workplace is Essential
For Mitch Goldenberg, the decision was clear-cut. Regardless of any return-to-office directive, it held little sway. “I reside in a...Continue reading→
WCRE First Quarter 2024 Report
Southern New Jersey & Philly Markets Look to Build on Last Year’s Surprising Resiliency A Soft Landing Seems More Likely...Continue reading→
Risant Health Finalizes Acquisition of Geisinger
On March 31, Washington, D.C.-based Risant Health, a nonprofit organization affiliated with Oakland, Calif.-based Kaiser Permanente, completed its acquisition of...Continue reading→
AHR Eagerly Anticipates its Promising Prospects
Following its recent initial public offering (IPO), American Healthcare REIT (NYSE: AHR), headquartered in Irvine, has made substantial strides in...Continue reading→
Institutional Investors’ Retreat: Office Sector Red Line
Institutional investors have significantly reduced their involvement in the office property market, although alternative funding sources are stepping in to...Continue reading→
