Grocery, Fitness Emerge as Retail Market Bright Spots
As e-commerce accelerates its sweeping disruption of the traditional U.S. retail industry throughout national and Philadelphia commercial real estate markets,... Continue reading→
Philadelphia Job Growth Slows Heading Into 2020
With construction activity ramped up throughout the national and Philadelphia commercial real estate markets, and with Center City’s restaurants packed,... Continue reading→
Midsize Tenants Dominate Demand for Industrial Space
E-commerce and last-mile logistics tenants in the U.S. commercial real estate market – including Philly office space, Philly retail space... Continue reading→
Philadelphia’s Unemployment Rate Falls to 30-Year Low
After another month of job growth, the Philadelphia market has reached an important milestone: The metro area’s unemployment rate fell... Continue reading→
Property Investors Increasingly Prefer the Flavor of Fast-Casual Restaurants
Sit-down, full-service restaurant chains operating in national and Philadelphia commercial real estate markets continue to face pressure from fast-casual competitors,... Continue reading→
May Retail Sales Data Shows Strength in Consumer Spending
May retail sales numbers reported throughout businesses operating in national and Philadelphia commercial real estate markets did not disappoint, suggesting... Continue reading→
Tips for Investors Entering the Cannabis Real Estate Market
With 10 states plus the District of Columbia legalizing cannabis for recreational use and medical marijuana legal in another 23... Continue reading→
Mall Outlook Darkens as Online Sales Surge
A couple of the more than 2,200 numbers buried deep in this month’s Census Bureau report on retail sales in... Continue reading→
Baby Boomers, Retailers Could Change Commercial Lending
Some of the industry’s top commercial real estate mortgage bankers expect business to stay just as strong in the national... Continue reading→
Analysts See Strong Warehouse Demand Despite Varied Concerns
Leasing and sales of distribution centers and other industrial properties reached records across the country last year, signaling strengthening demand... Continue reading→
Rising Interest Rates Change the Makeup of Securitized Loans
Headwinds from rising interest rates and investor caution as U.S. economic growth approaches a record stretch are likely to lead... Continue reading→
WCRE 2018 FOURTH QUARTER REPORT
MODERATE GROWTH CONTINUES IN SOUTHERN NEW JERSEY & PHILLY CRE MARKETS Another Solid Quarterly Performance Amid Political and Financial Uncertainty... Continue reading→
Philadelphia Employers, Economy Positioned for Growth In 2019
With trade tensions escalating and interest rates in the national and Philadelphia commercial real estate market on an upward path,... Continue reading→
Life in the Fast-Food Lane: Restaurants Add Drive-Thrus Across the Country
Jack in the Box Chief Executive Leonard Comma knows his fast-food chain’s sales are dependent on drive-thru lanes. That’s why... Continue reading→
Opportunity Zone Property Sales Up 8 Percent Over Last Year
Investors pumped $2.6 billion more into properties covered by the federal Opportunity Zone tax incentive initiative — an 8 percent... Continue reading→
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→
