The fourth quarter 2013 was a big year for the Central Pennsylvania office market. New and existing businesses filled up even more space across the area. As a result, the total vacancy rate saw a substantial decrease from where it was just one year ago and the net absorption totals surged well into the positive […]
View PostWhy All Real Estate is Local
The late Thomas P. (Tip) O’Neill, Jr., former Speaker of the House, once said, “All politics is local.” From campaigning for election to signing a bill into law, the most informed decisions are made when local voices are taken into consideration. The same could be said of real estate. Take a moment to really think about […]
View Post central pennsylvania real estate, Commercial Real Estate, data, harrisburg real estate, local, local market data, local real estate market, market reports, Mike Kushner, Omni Realty, reports, trendsCentral Pennsylvania Industrial Market Ends 2013 with Lowest Vacancy Rate All Year
Vacancy rates for the total industrial market in Central Pennsylvania are the lowest they have been since third quarter 2012 at 7.7 percent. This is a 0.6 percent drop from last quarter’s vacancy rate of 8.3 percent. The Central Pennsylvania flex market finished the year with a 9.7 percent vacancy rate and the warehouse market […]
View Post Central PA Real Estate, commercial lease, Commercial Real Estate, Commercial Realtor, CRE, decline, Harrisburg east market breakdown, industrial, Mike Kushner, office lease, Office Space, office space camp hill, office space Harrisburg, office space in central pa, Omni Realty Group, rent office space, vacancy ratesTax Benefits: Another Central Pennsylvania Specialty
Central Pennsylvania is taking strides to become more accommodating to new businesses and just one example is the Keystone Opportunity Zone (KOZ). Taxes can stifle many new business ventures, but KOZ is providing a once-in-a-lifetime opportunity to develop land with greatly reduced state and local taxes and has been called “the number one economic development […]
View Post Central PA Real Estate, commercial lease, Commercial Real Estate, Commercial Realtor, CRE, Harrisburg east market breakdown, industrial, Mike Kushner, office lease, Office Space, office space camp hill, office space Harrisburg, office space in central pa, Omni Realty Group, rent office spaceCentral Pennsylvania Featured Property: The Murata Business Center
Dedicated to growing an Entrepreneurial Ecosystem in Central PA, the Murata Business Center provides startups with the office space and essential programs needed to help them flourish. This property is owned and operated by the Capital Region Economic Development Corporation (CREDC) and acts as an incubator for aspiring businesses in the area. Operating as a […]
View Post Central PA Real Estate, commercial lease, Commercial Real Estate, Commercial Realtor, CRE, Harrisburg east market breakdown, industrial, Mike Kushner, office lease, Office Space, office space camp hill, office space Harrisburg, office space in central pa, Omni Realty Group, rent office spaceAnother Central Pennsylvania Hot Spot: The Hershey Center for Applied Research
The Hershey Center for Applied Research (HCAR) provides Central Pennsylvania with a state of the art facility for medical research and technology. This booming industry is a valuable part of our community. HCAR helps to give both local and global tenants access to advanced technology and other research resources, immersing them in a climate of […]
View Post Central PA Real Estate, commercial lease, Commercial Real Estate, Commercial Realtor, CRE, Harrisburg east market breakdown, industrial, Mike Kushner, office lease, Office Space, office space camp hill, office space Harrisburg, office space in central pa, Omni Realty Group, rent office spacePeg Dierkers, Executive Director for the Pennsylvania Coalition Against Domestic Violence (PCADV)
We worked with Omni Realty and Mike Kushner to relocate, design and build a new office space for our non-profit organization in order that we might be better able to do our work in the future. Our relocation and working with Omni dramatically and significantly impacted our business because we were able to find the […]
View PostPhil Guarneschelli, Chief Operation Officer for the Pinnacle Health System
Hello, my name is Phil Guarneschelli and I’m the Chief Operating Officer of the Pinnacle Health System. We are an $800 million dollar integrated delivery system located in Harrisburg, Pennsylvania. We have a lot of ancillary property – a lot of which ends up to be residential around our hospitals. We hired Mike Kushner from […]
View PostHarrisburg East Retail Vacancy Rates Decline, Sales Remain Stagnant in the Third Quarter 2012
The Harrisburg East retail market experienced a lower vacancy rate during the third quarter of 2012.The rate ended at 5.9% compared to the previous quarter when vacancy was 6.4%. The third quarter represented the first time in 2012 where the retail vacancy rate was below 6%. So far in 2012, the largest retail lease signing […]
View Post Central PA Real Estate, commercial lease, Commercial Real Estate, Commercial Realtor, CRE, Harrisburg east market breakdown, industrial, Mike Kushner, office lease, Office Space, office space camp hill, office space Harrisburg, office space in central pa, Omni Realty Group, rent office space, warehouseTop 5 CRE Professionals to Follow on Social Media
As we continue to develop our social media communications, we also have the opportunity to learn from others. We’ve followed conversations across platforms to devise a list of some of the folks we keep our eye on. Here’s our list of the top five Commercial Real Estate (CRE) professionals in social media and why we […]
View Post [Online Resources] Real Estate, building, Central PA Real Estate, commercial lease, Commercial Real Estate, Commercial Realtor, Construction, CRE, Going Green, Mike Kushner, office lease, office leasing marketing, Office Space, office space camp hill, office space Harrisburg, office space in central pa, Omni Realty Group, rent office space, Social Media