Philadelphia
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 slowdown are on the horizon. The survey, released every May […]
Read More....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 of two of the country’s most important commercial real estate […]
Read More....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 much work-from-home has increased since the Covid-19 pandemic. It found, […]
Read More....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, as infection rates continue to fall and more companies intensify efforts to bring […]
Read More....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 the pandemic, but the city’s economic recovery is still a […]
Read More....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 stores in spite of growing recession fears and decades-high inflation […]
Read More....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 Estate in Q2 After a Strong First Quarter Commercial real […]
Read More....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 and starts, it was time for their employees to return […]
Read More....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 rates, say Standard & Poor’s Financial Services LLC analysts. Michael […]
Read More....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 these changes will take shape and how to plan workplace […]
Read More....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 stagnation. VTS Inc.’s VTS Office Demand Index, or VODI, grew […]
Read More....WCRE FIRST QUARTER 2022 REPORT
After a Pause, Southern New Jersey & Philly Markets Appear to have Overcome Omicron Commercial real estate brokerage WCRE reported in its analysis of the first quarter that the post-pandemic […]
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