Note: This article was originally published by the Central Penn Business Journal. Click here to read the original version. How Medical Marijuana Will Impact Real Estate in Pennsylvania Since the legalization of medical marijuana in April, the Pennsylvania Department of Health has placed a lot of focus on developing a program that is expected to be […]
View PostNew Industrial Space Popping Up All Over Central PA While Vacancy and Rental Rates Increase
The Central Pennsylvania industrial real estate market is an active place to be right now! In second quarter 2016, three new properties were delivered with three more under construction. Most interestingly, none of this new space is preleased. Both vacancy and rental rates continue to rise to some of the highest numbers we have seen […]
View Post [Online Resources] Real Estate, analysis, building, camp hill, carlisle, central pa, Construction, costar, data, dauphin, Economy, harrisburg, hershey, highlights, industrial, lancaster, lease, lemoyne, local, market, market report, mechanicsburg, Mike Kushner, new cumberland, numbers, Omni Realty, pennsylvania, properties, property, rate, rental cost, sales, space, statistics, trends, vacancy, york5 Signs You Need New Office Space
It can be difficult to see the signs that you need new office space for your business. Maybe it’s the fear of change or the discomfort of moving all of your files, equipment and employees to a new office. Whatever the hesitation, the consequences of not moving to a better functioning space can be far […]
View Post [Online Resources] Real Estate, advice, business, Commercial Real Estate, dauphin, expert, harrisburg, hershey, lancaster, lease, Leasing, lemoyne, mechanicsburg, Mike Kushner, new, new cumberland, office, Office Space, Omni Realty Group, tips, yorkHundreds of Thousands of Square-Feet of New Office Space Coming to Central PA in 2016
Two new construction projects, located at the intersection of Carlisle Pike and Hogestown Road in Mechanicsburg, will deliver 258,000 square-feet of office space to Central Pennsylvania this year. Silver Spring Township is calling this construction “Class A Office Space Project” and are confident that, by attracting new businesses to the area, this space will benefit […]
View Post [Online Resources] Real Estate, absorption, analysis, buildings, business, camp hill, central pennsylvania, commercial, Construction, costar, data, east shore, Economy, employment, expert, harrisburg, hershey, impact, jobs, lancaster, market report, mechanicsburg, Mike Kushner, office, Omni Realty, pa, pennsylvania, rental rate, report, space, statistics, unemployment, vacancy rate, west shore, york6 Lessons Learned from a Tenant Rep
As the owner of Omni Realty Group, Mike Kushner has been exclusively practicing Tenant Rep/Buyer Agency since 1998, when he first established the company. Now, with almost 20 years of experience under his belt, Mike shares his top six most valuable lessons learned from his career as a tenant representative/buyer agent. Everyone Deserves to be […]
View Post [Online Resources] Real Estate, advice, broker, buyer agent, camp hill, central pa, commercial, dauphin, east shore, exclusive, experience, expert, harrisburg, hershey, industrial, lancaster, landlord, lease, lemoyne, lesson, life, mechanicsburg, Mike Kushner, new cumberland, office, Omni Realty, pennsylvania, professional, rent, renter, retail, space, success, tenant rep, tenant representative, west shore, yorkCentral PA Retail Market Reacts to 7 New Buildings Delivered in First Quarter 2016
2016 has already proven to be an interesting year for Central Pennsylvania’s retail real estate market. A total of seven new buildings were delivered this quarter alone with a combined RBA of nearly 150,000 square-feet of space – only some of which is occupied. As a result, this new space has impacted vacancy and rental […]
View Post [Online Resources] Real Estate, advice, analysis, buildings, camp hill, central pa, city, Construction, costar, cumberland, data, dauphin, expert, facts, harrisburg, hershey, lancaster, lemoyne, local, market, mechanicsburg, Mike Kushner, new cumberland, Omni Realty, opinion, pennsylvania, projects, region, report, retail, trends, yorkABC’s of Commercial Real Estate: What you need to know about each classification of office space
Note: This article was originally published by the Central Penn Business Journal. Click here to read the original version. You are likely aware that there are different classifications of office space, specifically Class A, B and C. But what qualities determine the letter associated with any given commercial property? Is it the location, the layout, […]
View Post [Online Resources] Real Estate, a class, advice, article, b class, blog, c class, camp hill, central pennsylvania, dauphin, harrisburg, help, hershey, lancaster, Leasing, lemoyne, Mike Kushner, new cumberland, office, Omni Realty, pa, property, real estate investment, real estate investor, renting, space, work space, yorkCentral PA Industrial Market Booms with New Construction
Central Pennsylvania is in the midst of a new construction boom when it comes to industrial real estate. Last quarter, eight new buildings were delivered to the market and this quarter, we see another five new properties reach completion. Additionally, five more buildings are under construction and set to be delivered later this year. Combined, […]
View Post [Online Resources] Real Estate, advice, analysis, blog, camp hill, central pa, commercial, cumberland, data, dauphin, expert, harrisburg, industrial, lancaster, market, mechanicsburg, Mike Kushner, new cumberland, news, numbers, Omni Realty, opinion, pennsylvania, report, statistics, trends, yorkTop 10 Most Shared Commercial Real Estate Articles of 2015
Commercial real estate is a hot topic, with authors from all across the globe sharing their expertise and insights in the form of online articles and blogs. Among the white noise of content being shared, there are a few articles that have risen to the top and earned their place on the list of “Top […]
View Post [Online Resources] Real Estate, 2015, 2016, advice, blog, central pa, Commercial Real Estate, expert, Facebook, harrisburg, industrial, information, insights, LinkedIn, list, Mike Kushner, news, office, Omni Realty Group, pennsylvania, popular, professional, retail, Social Media, top 10, twitter, viral, writingCentral PA Welcomes More Office Space, Rising Rental Rates
Overall, 2015 has proven to be an active and eventful year for Central PA office real estate. Six new buildings were delivered into the market with four more under construction. The vacancy rate rose slightly, but remains lower than it has been in recent years. Additionally, net absorption dropped by nearly 175,000 square-feet, though it […]
View Post [Online Resources] Real Estate, 2015, 2016, absorption, analysis, blog, business, camp hill, central pa, costar, demand, development, Economy, facts, fourth quarter, growth, harrisburg, health, hershey, lancaster, lemoyne, market, mechanicsburg, Mike Kushner, new cumberland, numbers, office, Omni Realty, opinion, pennsylvania, rent, rental rate, report, statistics, trends, vacancy, york