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 […]
Read More....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 […]
Read More....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 […]
Read More....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 […]
Read More....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 […]
Read More....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 […]
Read More....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 […]
Read More....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 […]
Read More....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 […]
Read More....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 […]
Read More....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 […]
Read More....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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