leases

Amazon Plans to Cut Leases and Shrink Office Space

Posted in: Brooklyn Commercial Real Estate, Manhattan Commercial Real Estate

Amazon (AMZN), the renowned tech and e-commerce behemoth, is devising a strategy aimed at saving $1.3 billion through substantial reductions in office space and the early termination of leases. Over […]

Philadelphia Retailers Downsize Store Requirements, Leading to Smaller Average Retail Lease Sizes

Posted in: Featured Blogs, Regional Commercial Real Estate Trends

Average Retail Lease Size Gets Smaller as Philadelphia Retailers Reduce Store Size Requirements

The trend of diminishing retail lease sizes continues in the Philadelphia metropolitan area, spurred by the COVID-19 pandemic’s ongoing impact. In 2023, the average retail lease size shrank by nearly […]

Retailers Continue Favoring Small Store Sizes

Posted in: Featured Blogs, Regional Commercial Real Estate Trends

Retailers Keep Favoring Smaller Store Sizes

The retail landscape continues its profound, enduring transformation in response to evolving consumer behavior. This shift encompasses not only the evolving roster of tenants leasing retail space but also the […]

Bankruptcy Provisions in Commercial Leases

Posted in: Featured Blogs, WCRE Information Library

Let’s examine what you need to know about bankruptcy provisions in commercial leases. Each property is unique and every relationship has its own contours that will drive the path of […]