WCRE March 2024 Newsletter

In the WCRE March 2024 Newsletter, we cover a variety events impacting Philadelphia, South Jersey, New York and U.S. Commercial Real Estate. This month we cover major developments in Philadelphia retail vacancies, lender seized commercial real estate assets, declines property values, inflationary property management indicators, retail store closures and new development projects. In South Jersey Commercial Real Estate News, we turned our attention to the slowdown in industrial space leasing, residential projects and restaurant openings. In the New York Commercial Real Estate Market we examine zoning changes, medical space leading and Amazon’s cost cutting reductions to office space.


WCRE March 2024 Newsletter

March 2024 – Philadelphia Commercial Real Estate News

  • Industrial Development Shift
  • Retail Vacancy Is Declining
  • Hotel To Replace Family Court Building
  • 4 Buildings Returned To Lender
  • Another Wawa Location Closing
  • Equus Buys Industrial Portfolio
  • Netflix House Coming To Kop
  • Office Building Value Decline In Philly
  • Philly’s Inflation Remains Sticky
  • Family Dollar Shutting Some Doors
  • Navy Yard Office Faces Foreclosure

March 2024 – South Jersey Commercial Real Estate News

  • Industrial Space Being Unleased
    Ca Restaurant Chain Coming
    Townhouse Project Clears Hurdle
    Printing Plans In Cherry Hill
    Lazy Dog Replaces Don Pablo’s
    Stockton President Shapes Campus

March 2024 – New York Commercial Real Estate News

  • Commission Sends Zoning Changes
  • NY Building Sales Come Together
  • Whole Foods Tries Small Stores
  • Federal Grants Speeding Up Projects
  • Increase Of Medical Office Leases
  • Healthcare REIT Surge
  • Office Features Affect Premiums
  • Amazon Reducing Office Space