Philadelphia
REITs likely to see slowdown amid changing economy but positive growth still expected
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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
![Most Desirable Features In An Office Space](https://wolfcre.com/wp-content/uploads/2022/04/GettyImages-904595316-150x150.jpg)
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
![office design](https://wolfcre.com/wp-content/uploads/2016/11/office-design-150x150.jpg)
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
![WCRE FIRST QUARTER 2022 REPORT](https://wolfcre.com/wp-content/uploads/2022/04/WCRE-FIRST-QUARTER-2022-REPORT-150x150.png)
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 […]
Read More....Backed by private equity, car wash operators scour Philadelphia market for locations
![Car Wash Philadelphia](https://wolfcre.com/wp-content/uploads/2022/03/Untitled-design-4-150x150.png)
Scott Caplan turned his sights on the car wash business six years ago, raising a total of $11 millionin two investment rounds that has helped fund the rapid expansion of EverWash with […]
Read More....Target Rolls Out Its First Net-Zero Energy Store
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Rooftop solar panels are old news, but solar panels in the parking lot have one of the most ubiquitous big-box retailers thinking net-zero. Target Corp. has retrofitted a store in Vista, California, […]
Read More....Retail sales will grow this year, but at a slower rate than in 2021
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Retail sales in the U.S. are expected to grow between 6% and 8% this year, as Americans shift more of their spending to restaurants and trips and cope with sticker […]
Read More....What Higher Interest Rates and Inflation Mean for Commercial Real Estate
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The era of near zero interest rates appears to be nearing an end. Despite emergent geopolitical risks stemming from Russia’s invasion of Ukraine, mounting inflation now has the Fed’s full […]
Read More....Costs to develop, lease industrial keep soaring as demand for warehouses remains historically high
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It’s now more expensive than ever to source, build and rent warehouse space — but that hasn’t tempered demand. The market has reached a point where industrial landlords are sometimes […]
Read More....Economic Momentum Weakens as US Enters the New Year
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As the Federal Reserve signals its intention to raise interest rates soon to battle rising inflation, it’s been easy to overlook how well the economy performed over the past year […]
Read More....Bank Branch Closings Hit Another Record High
![Chase Bank Continues Expansion Into South Jersey](https://wolfcre.com/wp-content/uploads/2020/08/Chase-Bank-Continues-Expansion-Into-South-Jersey-150x150.jpg)
Last year produced another record-high number of bank branch closings with 3,601 locations shutting their doors, according to Federal Deposit Insurance Corp. data. The trimming of bank branches has been […]
Read More....Why Companies Aren’t Cutting Back on Office Space
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In our monthly surveys of 5,000 American workers and 500 U.S. employers, and in our numerous conversations with managers, a huge shift to hybrid work is abundantly clear for office and […]
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