Net Operating Income Remains Strong among Commercial Mortgage-Backed Securities
Net operating income (NOI) for performing securitized loans were up 2.7% in 2014 from their original underwritten levels, signaling strong... Continue reading→
Construction Not Keeping Up with Demand in Light Industrial Market
While huge warehouse and distribution mega-boxes get most of the attention from analysts and institutional capital, the unassuming light-industrial market... Continue reading→
Low Level of Retail Construction Starting to Crimp Net Absorption
With shopping center vacancies, including those involving Philadelphia commercial properties, continuing to tighten as retailers with retail space in Philadelphia... Continue reading→
Office Supply Growth Remains Strong Despite Absorption
The demand for U.S. commercial property and U.S. commercial real estate – including Philadelphia commercial real estate listings – rebounded... Continue reading→
Banks Close More Branches As Transactions Move Online
Joining many consumer goods retailers who are downsizing their brick and mortar locations, some of the nation’s biggest banks are... Continue reading→
Robust Leasing and Absorption Help Drive U.S. Commercial Real Estate Price Appreciation
Supported by record levels of absorption and strong leasing, U.S. commercial real estate prices, which locally includes Philadelphia commercial real... Continue reading→
Report: Commercial real estate investment sales to reach $500 billion in 2017
U.S. commercial real estate, including Philadelphia commercial real estate, has managed to climb out of the deepest economic trough in... Continue reading→
Pre-Construction Architect Index Back In Positive Territory
Following two months of overall decline, an index measuring architect billings which serves as a leading indicator of future construction... Continue reading→
International Capital Now Involved In 20 Percent of U.S. CRE Deals
The large amount of foreign capital entering the U.S. commercial real estate market is having a major impact, according to... Continue reading→
After First-Quarter Surge, Commercial Real Estate Price Growth Levels Off
National commercial property prices leveled off in April after sales volume and property prices rose in the first three months... Continue reading→
Retailers Struggle for Balance between Online Expansion and New Store Openings
The new world of retail marketing in the U.S. is proving to be a challenge for retailers as they struggle... Continue reading→
Commercial Real Estate Owners Report Strong Net Operating Income Growth in 2014
Net operating income among commercial real estate owners reporting year-end 2014 financials showed strong growth in 2014, according to a... Continue reading→
New Tenant Star Label Recognizes Energy Efficient Landlords and Tenants
Bipartisan legislation that establishes the new Tenant Star Label to recognize landlord and tenant teams that design, build out and... Continue reading→
Philadelphia Office Space Vacancies Increase in First Quarter
Vacancies in the market for Philadelphia office space increased in the first quarter 2015, ending the quarter at 10.8%, according... Continue reading→
Philly Industrial Space Vacancy Rate Unchanged
The vacancy rate in the Philly industrial space market closed the first quarter of 2015 at 8%, according to the... Continue reading→
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→
