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PHILADELPHIA-Downtown's share of area office jobs dropped from 41% in 1993 to 30% last year, while the retail and residential sectors have grown, according to Center City District's "State of Center City" report.
PHILADELPHIA-Septa puts the management and leasing of its 660,000-sf corporate headquarters in the hands of the local office of Chicago-based US Equities Realty, which also manages the transit company's MetroMarket at Suburban Station.
WYOMISSING, PA-Arrow International inks a five-year, six-month lease for 19,000 sf at 2001 State Hill Rd. here for an aggregate $1.5 million. It will open an off-site manufacturing and administration center next month.
PHILADELPHIA-The study, commissioned by Liberty Property Trust, shows gains of up to $42 million in state tax revenues if One Pennsylvania Plaza gains KOIZ status and disputes its potential disruption of the Center City office market.
WAYNE, PA-The provider of healthcare management software relocates to the entire, two-story building at 601 Lee Rd. at an undisclosed rental rate. The average asking rate in the area ranges from $24 to $27 per sf.
HARRISBURG, PA-In partnership with the state, Citizens Bank offers $100 million in loans at a fixed rate of 2.5% to manufacturers that create one job for each $25,000 borrowed. Loans for real estate have a 10-year term.
NEWTOWN SQUARE, PA-The Navy names GMH a partner for the privatization of family housing at eight military installations in five northeastern states. The development component of the contract is expected to exceed $600 million.
LINWOOD, PA-The country's largest independent online toy retailer relocates its warehousing and distribution operations from Aston, PA to 168 Ridge Road here under a five-year lease with an aggregate value in excess of $465,000.
PHILADELPHIA-The 123,000-sf life sciences research facility calls for the adaptive redevelopment of a former electricity warehouse, which was built in the 1940s and is located on the eastern edge of the Penn campus.
WYOMISSING, PA-With the acquisition of 1.6 acres near Reserve at Springton, Diamond Credit Union plans to expand beyond the Pottstown and Reading, PA markets. Meanwhile, a Paoli property sells for $150 per sf.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource