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PHILADELPHIA-Year-to-date office leasing activity in the CBD was approximately 50% below first-half 2002, according to Trammell Crow data. Net absorption for the first half dropped to negative 27,568 sf, down from more than a million sf in first-half 2002.
WEST CHESTER, PA-The company will occupy 100% of the 102,360-sf office/lab/warehouse facility at 200 Lawrence Drive here, owned by Berwind Property Group, for
CONSHOHOCKEN, PA-In four separate transactions, the King of Prussia, PA-based
PHILADELPHIA-Pete Ciarrocchi, the locally based restaurateur, sets up his fourth area seafood restaurant in the former 24,000-sf Super Fresh building on Packer Avenue in the stadium district. Land acquisition and renovation into a 750-seat eatery cost an estimated $2.2 million.
PHILADELPHIA-A slight drop in overall vacancy from 14% to 13.5% in second quarter combines with a dramatic improvement in net absorption this year to signal an "extremely positive" outlook, according to research from Cushman & Wakefield of Pennsylvania.
PHILADELPHIA-Loan facilities of the locally based automotive chain, secured
PHILADELPHIA-The 910,000-sf, two-story processing and distribution center will rise on 70 acres in the Eastwick section of south Philly and replace the existing center across from Amtrak's 30th Street Station. The University of Pennsylvania has its eye on that property.
PHILADELPHIA-The hitch is: PIDC's plan for the vacant, nearly 100-year-old mental institution that has become a popular Halloween haunt, must be community approved by mid-January or the state gets it back. Cleanup and building demolition will cost $15 million.
CONCORDVILLE, PA-Locally based NCH sells the 39,844-sf property at 98 Lacrue
ALLENTOWN, PA-The grant, awarded by Gov. Ed Rendell, bolsters Sacred Heart
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