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→
WCRE March 2024 Newsletter
In the WCRE March 2024 Newsletter, we cover a variety events impacting Philadelphia, South Jersey, New York and U.S. Commercial... Continue reading→
Anticipate an Increase in Tax Appeals Amidst Growing Discrepancies Between Office Valuations and Assessments
Office property owners nationwide are grappling with an additional challenge amidst increased vacancies and diminished demand, which is resulting in... Continue reading→
Revista Report Covers Rates and Costs in the MOB Market
Despite the challenging conditions experienced by healthcare real estate (HRE) developers in 2022, primarily driven by escalating construction expenses and... Continue reading→
Office Features’ Impact on Tenant Premiums
In recent years, office tenants nationwide have downsized their real estate holdings, but certain building features not only retain tenants... Continue reading→
REIT’s Pour Into Healthcare Real Estate As ‘Grey Tsunami’ Approaches
The conclusion of 2023 witnessed a significant uptick in investments by real estate investment trusts (REITs) in healthcare properties, driven... Continue reading→
