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→
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→
