Concessions Offered to Lure Office Tenants
A growing spread between starting and effective rents illustrates how office landlords — even among coveted Class A buildings —...
Philly’s First Indoor Pickleball Center to Open in Malvern
When temperatures drop and Philadelphia-area pickleball players scramble to find a place to play their increasingly popular sport indoors, they... Continue reading→
Mortgage Bonds Coming Due in 2023
Some $17 billion in mortgage bonds backed by office properties is coming due this year, in an environment where the... Continue reading→
New Jersey’s Proposed Liquor License Reform Wins Support
New Jersey Gov. Phil Murphy’s proposal to overhaul what he described as the state’s “antiquated and confusing” Prohibition-era liquor license... Continue reading→
Some Retail Tenants look to Aggressively Expand
Despite lingering uncertainty in the economy, some retailers are preparing to roll out robust expansion plans in 2023 and subsequent... Continue reading→
Office Owners Want to Own More Than Office Space
Many of the most prominent office developers in the U.S. are shifting gears, looking to buy or build real estate... Continue reading→
WCRE FOURTH QUARTER 2022 REPORT
Southern New Jersey & Philly Markets Buffeted By Rapid Interest Rate Hikes, Inflation Leasing and Sales are Down, and Some... Continue reading→
US Industrial Development Starts the Plunge in the Fourth Quarter
Inflation and the higher interest rates accompanying it have finally begun to curtail the largest commercial real estate construction boom... Continue reading→
Interest Rates and Economy Will Affect building Industry in 2023
Especially on the for-sale housing side, the construction market is slowing in the wake of higher interest rates and concerns... Continue reading→
Royal Farms Plans for North Carolina Expansion
Royal Farms is the latest convenience store chain plotting a course to expand in the Southeast. Baltimore-based Royal Farms will... Continue reading→
Five Below Store Openings are Slow but Moving Forward
Discount retailer Five Below’s store expansion slowed a bit this year, but the retailer still expects to be just about... Continue reading→
Inflation Puts Cost of Living in Spotlight, Philly Ranking Affordability
The cost of living in the Philadelphia metro area is slightly higher than in the average U.S. market, with local... Continue reading→
Retailers Cautiously Optimistic About Holiday Shopping
Covid-19 concerns are diminished, inflation worries are high. But consumers are ready to celebrate what’s for many the first so-called... Continue reading→
Amazon’s Strategy for Big Industrial Space Cuts
Retail behemoth Amazon is generally tight-lipped about its real estate strategy, and it didn’t say much about its decision to... Continue reading→
ULI Survey Predicts Modest Slowdown, Quick Economic Recovery
The Urban Land Institute’s semi-annual survey of 40-plus economists and real estate industry analysts suggest an economic and real estate... Continue reading→
World Series Matchup Between Astros and Phillies: A Costar Look
A World Series between the Houston Astros and Philadelphia Phillies, set to start Friday in Texas, also is a matchup... Continue reading→
Warehouse Demand Shows Signs of Cooling for First Time Since Pandemic’s Onset
The softening economy is finally catching up with the nation’s industrial real estate as a pandemic-fueled boom in warehouse demand... Continue reading→
Fundamental Change Coming to Office Sector
As the CEO of a company that produces one of proptech’s leading data visualization tools—offering advanced predictive analytics—Navigator’s Taylor Odegard... Continue reading→
WCRE THIRD QUARTER 2022 REPORT
Southern New Jersey & Philly Markets Rebound Slightly, But Face New Challenges Potentially Difficult Obstacles On the Horizon, Though Silver... Continue reading→
What Geographic Increases in Remote Work from Census Survey May Mean for Office Markets
The U.S. Census Bureau released data from its 2021 American Community Survey earlier this month, including metrics that show how... Continue reading→
