Philly’s Inflation Remains Sticky
The latest release from the Bureau of Labor Statistics indicates that the Philadelphia metropolitan area continues to grapple with inflation... Continue reading→
The Commercial Real Estate Super Broker Era Comes to an End
Has the era of the super broker come to an end? This question surfaced recently as two prominent New York... Continue reading→
Increase of Medical Office Leases in New York
More New Yorkers can anticipate the arrival of medical providers in their neighborhoods soon. According to a report by JLL,... Continue reading→
Fresh Incentives are Targeted at Kickstarting the Conversion of Office Buildings
For years, municipalities have utilized incentives to stimulate desired investments or address persistent issues requiring private-sector involvement. Presently, city officials... Continue reading→
$3.3 Billion in Federal Grants is Accelerating the Initiation of Numerous Projects
Federal officials have disclosed the distribution of the remaining grants for transportation and commercial developments in cities such as Boston,... Continue reading→
Dollar Tree is Set to Close 970 Family Dollar Stores
Dollar Tree fell short of market expectations for holiday-quarter sales and profit on Wednesday, announcing plans to close 970 of... Continue reading→
National Office Attendance Shows Gradual but Consistent Increase
Achieving a return to pre-pandemic office attendance levels has been neither swift nor simple, but there is a gradual and... Continue reading→
Midtown South Rezoning May Pave the Way for 4,000 New Homes
New York City planning officials aim to revitalize a 42-block area in Midtown South, introducing a draft zoning plan that... Continue reading→
New York’s Industrial Space Outpaces National and Major City Growth
The U.S. industrial sector is contending with a surge in available space, with New York experiencing a faster increase than... Continue reading→
Real Estate’s Biggest Turnover in 20 Years
The commercial real estate sector, known for its dynamic players, has seen significant movement among industry leaders in brokering (leasing... Continue reading→
10 Most Inventive and Inspiring CRE Projects
LoopNet’s readers continued to be captivated by adaptive reuse projects in the past year. Innovative endeavors demonstrated how tenants and... Continue reading→
Whole Food is Trying Small Format Stores
Whole Foods Market, seeking expansion in urban areas, is set to join the trend of retailers opening small-format stores nationwide.... Continue reading→
Philadelphia’s Retail Sector is the Sole Property Type Experiencing a Reduction in Vacancy
Between the first quarters of 2020 and 2024, the Philadelphia commercial real estate market exhibited diverse trends in its major... Continue reading→
The flight-to-Quality Trend in the Office Market has Unique Nuances
The emphasis on state-of-the-art “trophy” office spaces is often highlighted as a primary factor influencing corporate site decisions, particularly in... Continue reading→
New York Building Sales Come Together
One individual is forging a path through the challenging landscape of today’s investment sales market, inspiring other commercial landlords to... Continue reading→
City Planning Commission Forwards Commercial Zoning Adjustments to City Council
The City Planning Commission has approved the Adams administration’s comprehensive commercial zoning reforms, named City of Yes for Economic Opportunity,... Continue reading→
The Conversion of Philadelphia’s Office Buildings Needs to Commence Immediately
The COVID pandemic has left an indelible mark on our collective memory, reshaping the way people work and where they... Continue reading→
Wawa Opening First Modular Drive-Thru Stores
As Wawa aims for simultaneous expansion across multiple regions, leveraging prefabricated construction methods could streamline the building process and expedite... Continue reading→
Rethinking ‘Flight to Quality’ in the Office Market
Despite its widespread use, the concept of ‘flight to quality’ falls short in capturing the nuanced dynamics of the office... Continue reading→
The Latest Employment Rate for January 2024
The resilience of the U.S. labor market continues to astonish economists and Wall Street, with January seeing broad job gains... Continue reading→
