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WCRE ADDS TRIO OF NEW HIRES TO PHILADELPHIA/NEW JERSEY TEAM AND RELOCATES TO LOGAN SQUARE

New Assignments and High Volume of Transactions Lead Commercial Real Estate Firm to Expand Further

Wolf Commercial Real Estate (WCRE) is pleased to announce the expansion and relocation of its Center City Philadelphia office, which includes the addition of three new team members serving southeastern Pennsylvania and Southern New Jersey. WCRE quickly outgrew its original Philadelphia office at 1601 Market Street, and has moved to 3 Logan Square, at 1717 Arch Street.

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The new team members are Kevin Coleman, who joins as chief sales officer and executive vice president, and new sales associates Tyler Martin and Mike Scanzano. They join a team that includes several well-known business leaders with deep roots in the city. Among them are Brian Propp, director of strategic relationships, Tony Banks, vice president, Anthony Mannino, senior consultant, and sales associates Mitchell Russell and Joseph Nassib. Each brings a unique skill set, along with energy, passion, and the signature WCRE commitment to the community. Managing principal Jason Wolf and vice president and principal Chris Henderson, also assist the Philadelphia team.

“We’ve been serving numerous clients in and around Center City for the past few years, and we have fully committed to expanding our presence here,” said Henderson. “This move will create more opportunities for our Philly team to network and collaborate with clients and partners, and to deepen our commitment to community initiatives.”

More About WCRE’s New Hires:

Kevin Coleman is a 15-year industry veteran. His role will include sales management and leadership, and business development throughout the region, with a heavy focus on central New Jersey. Coleman will also play an active part in the recruitment of all new team members.

Previously, Coleman served as a vice president of advisory services with Transwestern. During this time, he had the opportunity to work on behalf of office and industrial tenants, investors, and developers. From 2010-2016, Coleman served as director with Colliers International, working out of the Princeton, New Jersey office. He represented national, regional, and local companies with office, industrial, and healthcare requirements. Among many accomplishments, he was instrumental in helping to grow the Princeton office with the addition of a team of brokers.  On joining WCRE, Coleman said,

“Jason has worked very hard to build a strong brand in the region, and I am excited for the opportunity to leverage my diverse background to help the team grow to the next level of performance.”

Tyler Martin is one of the firm’s two new sales associates. Martin is a former new business development representative in the fleet management industry who will be a valuable partner to clients seeking expertise in development and understanding the potential of a space. He will work closely with WCRE’s sales professionals to generate new business relationships and create opportunities for clients in Philadelphia and the suburbs.

Before graduating a year early from Lynn University in Boca Raton, Florida, Martin was a member of the NCAA lacrosse team. He has continued his education by pursuing his MBA with a concentration in Finance at Saint Joseph’s University. His anticipated graduation is in May 2019.

In addition to his professional activities, Martin is an attackman for the Hungarian National Lacrosse Team. He competed with the team in the 2018 World Lacrosse Championships in Israel.

 

Mike Scanzano also joins WCRE as a sales associate. He will focus on the Southern New Jersey market. Scanzano will specialize in sales and leasing, tenant and landlord representation, investment sales, and multi-family dwellings.

Scanzano is an entrepreneur and former professional athlete. He played six years of professional baseball, ending his career in 2010 with the Camden Riversharks. After baseball, he took a sales position with the Southern Illinois Miners, an independent minor league team. Since 2015 Scanzano is also the co-owner of Scanzano Sports in Cherry Hill, a baseball training center. He is responsible for marketing and business development, building relationships in the community, and overall management.

Mike is excited about the opportunity to join the team at WCRE and looks forward to utilizing his sales experience and professional relationships to expand the firm’s client base.

Since its founding in 2012, WCRE has grown into a market leader in Southern New Jersey and southeastern Pennsylvania. The team has set a new standard in serving the needs of owners, tenants, and investors. The firm currently has more than 175 properties comprising 4.2 million square feet of office, retail, medical, industrial, flex, and investment property in the region under exclusive watch. Jason Wolf said,

“I’m excited to have such talented new team members servicing our clients in the Philadelphia and South Jersey regions. Our people have always been our biggest asset and our biggest advantage in the marketplace.”

About WCRE

WCRE is a full-service commercial real estate brokerage and advisory firm specializing in office, retail, medical, industrial and investment properties in Southern New Jersey and the Philadelphia region. We provide a complete range of real estate services to commercial property owners, companies, banks, commercial loan servicers, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, WCRE is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long-term growth and success.

Learn more about WCRE on Twitter & Instagram @WCRE1, and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at www.southjerseyofficespace.com, www.southjerseyindustrialspace.com, www.southjerseymedicalspace.com, www.southjerseyretailspace.com, www.phillyofficespace.com, www.phillyindustrialspace.com, www.phillymedicalspace.com and www.phillyretailspace.com.

What Port Development Means for Industrial Real Estate

Gateway Port Development

There was a special focus on how port-related issues are driving real estate development at last week’s Bisnow National Industrial and Logistics Summit Northeast held in New York. Bisnow’s Miriam Hall did a great report on the experts’ view of commercial real estate market trends. Beyond the supply and demand of the current market, there were a few longer-term trends and issues that recurred throughout the day.

It’s all about the trucks

Trucking is the key mode of transport for moving goods in and out of ports, and it is increasingly the link in the supply chain driving the nature of industrial real estate development. Depending on who you ask, there’s either a shortage or truckers or a terribly inefficient allocation of existing resources. Either way, it’s creating a growing burden on logistics: the average age of truck drivers is now is 57, costs are up as much as 35%, and the American Trucking Association ATA estimates there is a shortage of nearly 69,000 truckers.

ELDs

Another hot topic of discussion throughout the day was the state of the trucking industry and the effect of mandated Electronic Logging Devices (ELDs). ELDs bring the traditional DOT-required driver logs into the 21st century by automatically tracking hours of service. While the system could lead to greater safety, there are significant costs for initial investment, especially for smaller owner/operators. The new system also means that a few minutes delay here and there cannot be fudged as many acknowledge has been done in the past, making efficiency even more important.

Gateway Ports

Going forward, experts see the maritime industry coalescing around a limited number of “gateway” ports capable of providing the infrastructure and service needed to compete for container traffic. With an expanded Panama Canal and larger ships, channel depth and air draft are two of the most obvious attributes that will define gateway ports.

Equally important is what you do with cargo once it’s offloaded. Larger ships and fewer steamship lines create the risk that gateway ports will become choke points unless they can achieve the velocity needed to move goods quickly through the port. Many ports have established truck appointment systems, and ELD requirements are only putting greater pressure on scheduling. Facilities need to be configured to handle this volume, and having a sufficient number of Customs agents on hand when cargo is moving through is vital.

Site Selection

Low supply and high demand means that warehousing properties situated near ports are commanding a premium right now. Long-term, experts expect distribution points to move closer to markets as land become more scare at ports.

That need in part prompted the Port of Virginia to create inland intermodal facilities to which containers are transported by rail and barge for distribution. Not only does this solve the landside storage problem, it avoids the need for added truck traffic at the port. The future will likely bring strategic alliances between private developers and public ports (especially landlord ports) to solve these warehousing and transportation issues.

Site Design

The changing nature of logistics activity is driving changes in the physical configurations and attributes of warehousing as well:

  • E-commerce fulfillment centers require more parking (and more land) than traditional distribution facilities.
  • The configuration of dropyards will need to be more efficient to minimize ingating and outgating times.
  • Next-day delivery will drive more multistory warehouse/industrial uses in urban areas. These are expensive build, and older building stock may not have required clearances and engineering.
  • Expect to see vacant big box start to fill last-mile needs.

Technology

As with many industries, technology is affecting logistics in the present and not-too-distant-future:

  • Electric trucks: Can save 25 cents/mile, helping to offset ELD compliance costs and dampen effect of low supply.
  • Load-Matching Apps: Sometimes called Uber for trucks, linking truckers with loads to improve utilization of trucking resources. Two of the most prominent are Convoy and Transfix.
  • Blockchain: Encrypted transactions of products more attractive.\
  • Drone delivery: FAA clearance could one day be a factor in site selection.

 

Anthony V. Mannino

Chief Operating Officer, Wolf Commercial Real Estate (WCRE)

Sr. Consultant, Triad Strategies
Board Member, PhilaPort

Greater Philadelphia Area Commercial Real Estate

WCRE Appointed Exclusive Agent for Lions Gate Land Site in Voorhees

lions gate

Lions Gate, Voorhees, NJ

Wolf Commercial Real Estate (WCRE) is pleased to announce that it has been retained by SJF CCRC, Inc., trading as Lions Gate, an affiliate of Jewish Federation of Southern New Jersey, as exclusive agent for the future development of 801 Haddonfield-Berlin Road, Voorhees, NJ. The assignment includes exclusive listing and advisory duties for the site, which is adjacent to the Lions Gate Continuing Care Retirement Community, and is currently home to Golf Land.

The development parcel is located directly across from both Eagle Plaza and The Ritz retail centers and within walking distance of the newly constructed Patient First Urgent Care. The triangle shaped +/-12.348 Acre parcel sits on heavily trafficked Haddonfield-Berlin Road and includes more than 1,000 feet of frontage. This site benefits from superior demographics, prominent visibility, and ease of access via a traffic light and turning lanes from either direction.

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Lions Gate is considering all options, including a ground lease or a joint venture with a developer. “For us, this is about community. We will work to ensure that the entity that lands on this site will be a great addition to the neighborhood and a partner to Lions Gate,” said Jason Wolf, founding principal of WCRE.

This assignment adds to WCRE’s growing number of partnerships with institutional and healthcare clients in Philadelphia and Southern New Jersey. It is the firm’s second engagement with the Jewish Federation, having facilitated its 2014 purchase of the building now known as the Annex, a 21,325 square-foot school building situated on 18+/- acres on Springdale Road in Cherry Hill.

“We look forward to working with an organization whose values align so closely with ours,” said Susan Love, CEO of Lions Gate.

WCRE’s Anthony Mannino, Esq., Vice President of Corporate Strategies said, “WCRE is proud to partner with Lions Gate as our latest institutional relationship in Southern New Jersey. We look forward to applying our WCRE 360 marketing approach to find the right user for this highly-desirable property.”

WCRE’s institutional specialist team of Chris Henderson, Anthony Mannino, John Mozzillo and Jason Wolf will be working closely together with Lions Gate on this property initiative.

A marketing brochure is available upon request.

Learn more about Wolf Commercial Real Estate at www.wolfcre.com and Lions Gate at www.lionsgateccrc.org.

About WCRE

WCRE is a full-service commercial real estate brokerage and advisory firm specializing in office, retail, medical, industrial and investment properties in Southern New Jersey and the Philadelphia region. We provide a complete range of real estate services to commercial property owners, companies, banks, commercial loan servicers, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, WCRE is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long term growth and success.

Learn more about WCRE at www.wolfcre.com, on Twitter & Instagram @WCRE1, and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at www.southjerseyofficespace.com, www.southjerseyindustrialspace.com, www.southjerseymedicalspace.com, www.southjerseyretailspace.com, www.phillyofficespace.com, www.phillyindustrialspace.com, www.phillymedicalspace.com and www.phillyretailspace.com.

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Balashine Properties Appoints WCRE Exclusive Leasing Agent For 930 Harvest Drive in Blue Bell, PA

FOR IMMEDIATE RELEASE

Contact: Andrew Becker

Phone: 856.449.5220

Email: andrew.becker@wolfcre.com 

 

 

 

930 Harvest Drive Press Release PDF

Balashine Properties Appoints WCRE Exclusive Leasing Agent For 

930 Harvest Drive in Blue Bell, PA

 

January 3, 2017 – Marlton, NJ – WCRE is pleased to announce that it has been appointed exclusive leasing agent by Balashine Properties for its office location at 930 Harvest Drive in Blue Bell, Pennsylvania.

930 Harvest Drive, located in the Union Meeting Corporate Center, is a 118,004 square foot, four-story, elevator served office building located in the Plymouth Meeting/Blue Bell submarket. The property is minutes from the Pennsylvania Turnpike, with ample parking and SEPTA service to Plymouth Meeting and the Norristown Transportation Center.

Balashine Properties renovated this building in 2015 and maintains its headquarters there. The ownership is committed to best-in-class customer service and is seeking to make aggressive deals. Among many desirable attributes, the building features highly efficient suite layouts, a full-service café, a tenant only conference center, and an on-site day porter and building engineer. Several available suites range in size from 2,000 to 24,742 square feet. Having ownership and management on-site will be a great feature for tenants looking for their new business home.

“We’re excited to be working with WCRE’s leasing team. I am impressed with WCRE’s marketing platform and confident they will help us maximize occupancy at this highly desirable property,” said Garett Shiner of Balashine.

WCRE’s leasing team of Andrew Maristch and Anthony Mannino added, “WCRE is proud to add Balashine Properties to its growing list of clients in Pennsylvania. We look forward to applying our WCRE 360 marketing approach to bring in new tenants and establish another successful relationship in the Philadelphia region.”

A marketing brochure and tenant information package is available upon request.

 

About WCRE 

WCRE is a full-service commercial real estate brokerage and advisory firm specializing in office, retail, medical, industrial and investment properties in Southern New Jersey and the Philadelphia region. We provide a complete range of real estate services to commercial property owners, companies, banks, commercial loan servicers, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, WCRE is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long term growth and success. 

Learn more about WCRE online at www.wolfcre.com, on Twitter & Instagram @WCRE1, and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at www.bluebellofficespace.com, www.bluebellmedicalspace.com, www.phillyofficespace.com, www.phillyindustrialspace.com, www.phillymedicalspace.com, www.phillyretailspace.com, ww.southjerseyofficespace.com, www.southjerseyindustrialspace.com, www.southjerseymedicalspace.com, and www.southjerseyretailspace.com.

 

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Rail Park Construction Continues Transformation of Callowhill Neighborhood

rail park

Construction of the Reading Viaduct Rail Park

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Construction of the Reading Viaduct rail park began this month with the receipt of $3.5 million in state grants to round out initial fundraising efforts. Spearheaded by the Center City District, the first phase of construction is taking place on a stretch of the old rail bed near 13th and Noble. Proponents hope the park could eventually replicate the success of the High Line, a repurposed elevated railroad right-of-way in lower Manhattan, and spur greater development in the area.

The viaduct winds through a former industrial neighborhood that has been slowly transforming into a residential and creative community over the last decade (earlier this year, the City completed a rezoning of the area from industrial to mixed-use). Officially known as Callowhill, the neighborhood is roughly bounded by 9th and Broad to the east and west, and Spring Garden and Vine to the north and south. The area also goes by many other names, including Loft District, Chinatown North, Eraserhood, and Spring Arts.

Developer Craig Grossman has purchased a number of properties in the vicinity of the viaduct, including 990 Spring Garden. The 990 building is a 7-story, 160,000-square-foot industrial loft building repurposed as flexible office space for creative individuals and businesses. Many residential conversions have taken place along the periphery, including larger scale projects such as the Old Shoe Factory condos and Goldtex apartments on 12th Street, as well as Bart Blatstein’s Tower Place apartments in the old state office building at Broad and Spring Garden.

In testament to the evolving nature of the neighborhood, the Roy Pitz brewing company is planning a 4,000 square foot brewpub in the 990 Spring Garden building to open early next year. The brewery will join other nearby restaurant and entertainment venues such as Union Transfer, Prohibition Taproom and the soon-to-be relocated Yards Brewing Co. in the 500 block of Spring Garden. Other restaurants are nearby on the Avenue of the Arts North corridor.

The rail park is not the only public works project with the potential to transform the area. The East Coast Greenway, a developing trail system intended to link major cities on the Eastern Seaboard, runs right down Spring Garden Street. Infrastructure improvements are in the works to make the thoroughfare more inviting to bicyclists and pedestrians.

Future phases of the rail park could take it all the way to its northern end near 9th and Fairmount. Unlike the portion under development, which is owned by SEPTA, the remainder of the viaduct east of Broad is still privately owned by the successors to Reading Company. While development could take many years, it still has the potential to transform Callowhill into one of the City’s most desired neighborhoods.

For more information see: www.therailpark.org.

Anthony V. Mannino, Esq.
Vice President of Corporate Strategies
Wolf Commercial Real Estate
630 Freedom Business Center Drive l 3rd Floor l King of Prussia, PA 19046
P 215 799 6900 | D 215 799 6140 | F 856 283 3950 | M 215 470 6084

WCRE Regional Investment Market Update

Those of you that have been tracking the Southern New Jersey commercial real estate leasing market are well aware that we are approaching our 3rd consecutive quarter of decreasing office leasing activity. There are a few factors directly responsible for this, none of which include the word Brexit. 

Even with the slow-down in leasing activity, a flurry of active investors are looking to South Jersey and greater Philadelphia for better returns.  We’ve recently seen one investor that was not previously active in this market purchase multiple assets from major REITS, making it one of the top 5 owners (by square footage) of Class A Office properties.  This previously New York-focused investor completed at least 8 South Jersey acquisitions in 18 months – and may not have satisfied their appetite for investment properties in this market just yet! 

The example of this single investor/owner highlights a broader trend.  The continued demand for income-producing assets in and around Philadelphia is driven by the easy access to cheap capital, combined with better returns of 150+ basis points being achieved in South Jersey, offering a much more favorable risk profile when compared to markets such as NYC.  Many REITS are also exiting suburban properties to redeploy cash, thereby opening up opportunities for new-to-market investors. 

Right now, everyone is focused on the impact that Brexit and the upcoming U.S. Presidential Election could have on the markets.  From an investment standpoint, the real focus should be on volatility and uncertainty within a specific asset class.  Investors want to be certain, right?  Always.  

While we don’t all have a crystal ball, investors can still pay attention to research-based analytics to identify the appropriate risk/return profile.  At Wolf Commercial Real Estate (WCRE), that is what we do, all day, every day.  The ease of access to capital at historically low interest rates is greater than any time in the past 10 years.  At the same time, there are greater opportunities to purchase quality properties in a stable market.  The returns have never been greater for commercial real estate assets in Southern New Jersey and Philadelphia.   

WCRE can help you take advantage of this unique set of market conditions.  Our investment team has years of experience with a variety of asset classes in the region.  They can help you find just the right property to create better certainty, increased returns, and greater diversification to your real estate investment portfolio. 

If you are considering the sale or purchase of property as an investment vehicle, the professionals at WCRE can provide the right guidance and analysis to help generate the maximum return on your assets.

Please visit our website at www.wolfcre.com for a full listing of South Jersey and Philadelphia commercial properties for lease or sale through our New Jersey and Pennsylvania commercial real estate brokerage firm.

For More Information Contact:

transfer-taxesAnthony V. Mannino, Esq.

P: 215 799 6900

D: 215 799 6140

F: 856 283 3950

M: 215 470 6084

Email Me>>>

 

For More Information Contact:

johntJohn T. Mozzillo

P: 856 857 6300

D: 856 857 6304

F: 856 283 3950

M: 856 816 6973

Email Me>>>

Breathless over Brexit: What will it mean for U.S. Commercial Real Estate?

Breathless over Brexit: What will it mean for U.S. Commercial Real Estate?

As the world markets reacted to last week’s decision by U.K. voters to leave the European Union, one of the many potential economic impacts is the effect on U.S. commercial real estate.

For the foreseeable future, the only thing certain is uncertainty – which traditionally drives investors to seek out stability.  U.S. commercial real estate will continue to be an attractive and stable investment for many sources of capital.  In fact, as the fallout from the Brexit vote was driving down markets last Friday, many REITs were actually trading higher.  Market volatility and the stronger dollar also mean that a long-anticipated increase in interest rates will likely be on hold until the dust settles, ensuring continued access to money at current levels.

The possible negative impacts on the commercial real estate industry are less certain.  The comparatively stronger dollar could mean an increased cost of capital for some foreign investors, particularly from Europe and the U.K., potentially reducing some sources of investment.  New trade barriers – real or anticipated – could also lead to diminished exports, adversely impacting export-dependent businesses and related asset classes.

Any negative effects may take some time to materialize, if at all, especially when considering that the process of withdrawal could take a number of years.  Overall, interest rates will remain low in the near term, and investors from Asia and the Middle East will continue to find U.S. real estate attractive.  Increased demand for investment properties could also open up new opportunities outside of high-profile areas such as New York.

Real estate aside, U.S. investors might take one small comfort in the Brexit fallout:  with the pound trading at 31-year lows, traveling to the U.K. has not been this cheap in decades.

If you are considering the sale or purchase of property as an investment vehicle, the professionals at WCRE can provide the right guidance and analysis to help generate the maximum return on your assets.

Please visit our website at www.wolfcre.com for a full listing of South Jersey and Philadelphia commercial properties for lease or sale through our New Jersey and Pennsylvania commercial real estate brokerage firm.

For More Information Contact:

transfer-taxesAnthony V. Mannino, Esq.

P: 215 799 6900

D: 215 799 6140

F: 856 283 3950

M: 215 470 6084

Email Me>>>

 

For More Information Contact:

johntJohn T. Mozzillo

P: 856 857 6300

D: 856 857 6304

F: 856 283 3950

M: 856 816 6973

Email Me>>>

 

 

Realty Transfer Taxes: Understand the Costs and Plan Ahead

Transfer taxes are increasingly a major consideration when closing a real estate deal. As government budgets have become tighter over the years, the need for revenue has led to new transfer fees and legislation closing long-standing ‘loopholes” that allowed parties to legally avoid transfer taxes. The amount and type of tax owed varies widely based on the location of the property, its value, and the structure of the deal.

Transfer Taxes in Pennsylvania and New Jersey

In Pennsylvania, the state Realty Transfer Tax is 1% of the sale consideration. Local realty transfer taxes bring the overall rate to anywhere from 2% (most counties) to 5% (transfers within the City of Reading). There are exemptions from the transfer tax; examples include certain intra-familial transactions, transactions involving religious organizations, and property passed under wills or intestate succession. Properties within Keystone Opportunity Zones are not exempt from the realty transfer tax.

In New Jersey, the tax is called a Realty Transfer Fee and rates are uniform statewide. There is one schedule of rates for properties less than $350,000 in value, and a different set of rates for properties greater than $350,000 in value. For properties under $350,000 in value, there may be partial exemptions for seniors, the blind or disabled, or low and moderate income housing.

New Jersey also imposes an additional 1% fee on any property transfer in excess of $1 million. Commonly called the “Mansion Tax,” this fee originally applied only to residential properties; it was expanded in 2006 to apply to the transfer of most commercial properties.

The ability to structure transactions to avoid paying transfer tax has been significantly curtailed over the last decade. Parties often avoided transfer taxes by transferring a controlling interest in an entity owning real estate rather than the real estate itself. One example of this was the “89/11” rule; if less than 90 percent of a property-owning partnership was sold, the remaining 11 percent could be transferred three years later to avoid paying the tax.

In Pennsylvania, a series of legislative measures enacted in 2012 and 2013 largely closed the “89/11” loophole and imposed closer scrutiny on transactions that transferred an interest in entities owning real estate, particularly if more than one level of entity was involved. New Jersey instituted a Controlling Interest Tax (CIT) in 2008, which imposed a 1% tax on transfers of controlling interests in entities that directly or indirectly own real property. The CIT applies to most types of commercial property.

There may be ways to structure a transaction to avoid transfer taxes – such as long-term leases – but the deal usually needs to be sufficiently large enough to justify the cost and complexity. If you are facing a commercial real estate transaction where transfer taxes may be a consideration, WCRE and its team of experts can help guide you through the process.

Wolf Commercial Real Estate is a Philadelphia commercial real estate brokerage firm that provides a full range of Philadelphia commercial real estate listings and services, marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors and sellers.

Wolf Commercial Real Estate, a Philadelphia commercial real estate broker with expertise in Philadelphia commercial real estate listings, provides unparalleled expertise in matching companies and individuals seeking new Philly office space or Philly retail space with the Philadelphia commercial properties that best meets their needs.  As experts in Philadelphia commercial real estate listings and services, the team at our Philadelphia commercial real estate brokerage firm provides ongoing detailed information about Philadelphia commercial properties to our clients and prospects to help them achieve their real estate goals.  If you are looking for Philly office space or Philly retail space for sale or lease, Wolf Commercial Real Estate is the Philadelphia commercial real estate broker you need — a strategic partner who is fully invested in your long-term growth and success.

Please visit our websites for a full listing of South Jersey and Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

For More Information Contact:

transfer-taxesAnthony V. Mannino, Esq.

P: 215 799 6900

D: 215 799 6140

F: 856 283 3950

M: 215 470 6084

WCRE ADDS VP OF CORPORATE STRATEGIES

Anthony Mannino to Aid Steadily Growing South Jersey Firm’s Efforts in Pennsylvania (PDF)

Anthony_Mannino_web2October 14, 2015 – Marlton, NJ – Wolf Commercial Real Estate (WCRE) is pleased to announce the hiring of Anthony V. Mannino, Esq., who will serve as Vice President of Corporate Strategies. In this newly created position Mannino will work closely with WCRE’s sales professionals to spearhead the growth of the WCRE brand in southeastern Pennsylvania. He brings more than twenty years of experience in the legal and political arenas, as well as a unique, multidisciplinary perspective that will help WCRE clients identify potential obstacles and capture new opportunities.

Mannino comes to WCRE after nearly ten years serving as chief of staff to two members of Pennsylvania’s General Assembly. Prior to his years of public service, he was a litigation attorney in the private sector for more than a decade, practicing in Pennsylvania and New Jersey.

“Tony Mannino has a deep understanding of the issues and key players that influence the real estate landscape in the region, having built numerous trust-based relationships with government and private sector leaders in both Harrisburg and Philadelphia,” said Jason Wolf, founder and managing principal of WCRE. “He will be instrumental in forging new relationships on behalf of our clients and our sales force.”

Mannino is WCRE’s third hire in its effort to grow in Pennsylvania. One year ago the company hired senior vice president Lee Fein to open a King of Prussia office and establish an industrial practice. In the spring former Philadelphia Flyers star Brian Propp joined the firm as director of strategic relationships, with a special focus on supporting the office and retail practice areas.

Like his new colleagues at WCRE, Mannino has been an active supporter of many civic institutions in Philadelphia, from community associations to advocacy non-profits. He is currently a board member of the Philadelphia Regional Port Authority, and has served several other area boards.

About WCRE

WCRE is a full-service commercial real estate brokerage and advisory firm specializing in office, retail, medical, industrial and investment properties in Southern New Jersey and the Philadelphia region. We provide a complete range of real estate services to commercial property owners, companies, banks, commercial loan servicers, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, WCRE is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long term growth and success.

Learn more about WCRE online at www.wolfcre.com, on Twitter & Instagram @WCRE1, and on Facebook at Wolf Commercial Real Estate, LLC. Visit our blog pages at ww.southjerseyofficespace.com, www.southjerseyindustrialspace.com, www.southjerseymedicalspace.com, www.southjerseyretailspace.com, www.phillyofficespace.com, www.phillyindustrialspace.com , www.phillymedicalspace.com and www.phillyretailspace.com.

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