U.S. Return-to-Office Rates Hit Pandemic High as More Employers Get Tougher
Workers are returning to U.S. offices at the highest rate since the pandemic forced most workplaces to temporarily close in 2020,... Continue reading→
How shifting office demand may factor into commercial mortgage market
Remote work that started as a temporary solution at the onset of the Covid-19 pandemic has made one of commercial... Continue reading→
Center City is Seeing More Foot Traffic and Spending, but Also More Office Vacancies
More people were visiting, living and spending in Center City Philadelphia this summer than they have since the start of... Continue reading→
US Industrial Development Finally Catches Up With Tenant Demand
Last year, developers completed a bumper crop of new industrial property tallying 475 million square feet across the U.S. covering... Continue reading→
Worries Over a Slowdown in Lending May Be Premature
Earlier this summer, when gas prices neared $5 per gallon and the United States was dealing with inflation worries, many... Continue reading→
Retailers Still Opening in Malls Despite Potential Recession
The biggest shopping mall owners in the United States say retailers are still forging ahead with plans to open new... Continue reading→
WCRE SECOND QUARTER 2022 REPORT
With Omicron In The Rear-View Mirror, Southern New Jersey & Philly Markets Face New Obstacles Uncertainty Returns to Commercial Real... Continue reading→
Return-to-office is flattening as companies navigate employee pushback, commutes, higher gas prices
Following the Omicron variant peak this past winter, a moment was seized upon by many U.S. companies. After many fits... Continue reading→
REITs likely to see slowdown amid changing economy but positive growth still expected
Revenue growth for U.S. REITs is likely to slow over the next two years because of inflation and rising interest... Continue reading→
NJDEP Announces New Emergency Flood Hazard Area Regs
The New Jersey Department of Environmental Protection hosted a limited stakeholder meeting on Wednesday to announce new emergency Flood Hazard... Continue reading→
How Office Use Is Evolving the Urban Core
The pandemic has catalyzed an undeniable change in office use, but many companies still have questions and uncertainties about how... Continue reading→
CRE Confidence Is Up in DLA Piper’s Annual Sentiment Survey
Despite geopolitical uncertainty, rising interest rates and soaring inflation, DLA Piper’s annual sentiment survey finds real estate executives as confident as they... Continue reading→
A Snapshot of An Unprecedented Industrial Market in Southern New Jersey
Navigating the New Jersey industrial market since the COVID Pandemic in 2020 has created an ultra-competitive and fierce landscape for... Continue reading→
New Jersey Readies Warehouse Development Guidance As ‘Sprawl’ Concerns Spread Nationally
New Jersey is drafting guidelines to help its more than 500 municipalities make decisions about the development of warehouses within... Continue reading→
Office demand in major US markets rises in March but ‘too early to tell’ long-term
At least one tracker of office-market demand in major U.S. markets shows an improvement in March, after five months of... Continue reading→
Consumer Prices Break Another Record
Persistent supply constraints paired with the effect that the war in Europe is having on commodity markets — of both... Continue reading→
WCRE FIRST QUARTER 2022 REPORT
After a Pause, Southern New Jersey & Philly Markets Appear to have Overcome Omicron Commercial real estate brokerage WCRE reported... Continue reading→
Ex-Google CEO Eric Schmidt on why in-office work is better
After more than two years of remote work and multiple return-to-office delays, most Google employees are heading back to the office at least... Continue reading→
Backed by private equity, car wash operators scour Philadelphia market for locations
Scott Caplan turned his sights on the car wash business six years ago, raising a total of $11 millionin two investment rounds... Continue reading→
Target Rolls Out Its First Net-Zero Energy Store
Rooftop solar panels are old news, but solar panels in the parking lot have one of the most ubiquitous big-box retailers thinking... Continue reading→