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→
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→
