Philly retail space


Big Retailers Shrink Stores to Boost Sales

Plans by fast-food chain Taco Bell to open 300 new small-format restaurants across the country in the next four years are the latest being undertaken by a slew of major […]

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Commercial Construction Spending Headed to Record High

Spending on hotel, office, distribution, and other commercial and public buildings likely will expand for an unprecedented ninth-consecutive year in 2019, according to a consensus forecast by the country’s top […]

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Industrial Real Estate Sales Lead All Property Sectors

Industrial property sales outperformed other major commercial sectors across the country in the second quarter, driven by the popularity of online retailer Amazon and the migration of brick and mortar […]

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Commercial Construction Surges as Demand Counters Higher Labor, Materials Costs

Robust commercial construction is projected to carry through the second half of 2018 and into next year, overcoming a shortage of skilled workers and any effects of tariffs on the […]

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Zeroing in on Center City Philadelphia’s Tightest Office Micro Markets

Market Street West – the portion of Market Street running from City Hall to 21st Street – is seen by most Philadelphia office space brokers and investors as Center City’s […]

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Bala Cynwyd Office Market Appears to be on the Rebound

Bala Cynwyd’s office market, while not currently experiencing five percent rent growth, currently is experiencing its highest occupancy rate in 15 years – 92 percent – and has seen gradual […]

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Banks Ease Lending Standards for CRE Loans

For the first time in nearly three years, U.S. banks report they have loosened their lending requirements for some types of commercial real estate loans. The latest Federal Reserve survey […]

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Shopping Center Closures Near 100 Million Square Feet

Retailers are focusing on their top-performing locations and shedding marginal stores with announced closures so far in 2018 totaling nearly 100 million square feet as demand for mall and shopping […]

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CRE Loan Prices Compress as Lending Competition Increases

Despite record liquidity, demand for commercial real estate loans softened in recent months, leaving eager lenders chasing fewer borrowers. As a result, competition among lenders has ratcheted up noticeably with […]

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Outlet Center CRE Market Will Weather Nine West Closures

The recent Chapter 11 bankruptcy reorganization filing of shoe and apparel wholesaler Nine West Holdings Inc. focused the retail spotlight on the outlet center segment of the commercial real estate […]

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New Fed Chair Expects Inflation Rate to Move Higher

In a widely expected but still worrisome move for commercial real estate investors and financial markets, the Federal Reserve Bank recently raised the federal funds rate a quarter point from […]

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Playtime Is Over; Toys R Us Closes Its Remaining 735 Stores Nationwide

Beloved by kids and landlords, but largely shunned by consumers this past holiday shopping season, Toys R Us has officially announced it is winding down operations and closing 735 stores, […]

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