The Capital Region Economic Development Corporation (CREDC) has a variety of programs available to help area businesses purchase real estate.These programs can be used by businesses to purchase property or equipment for their operations. CREDC’s Business Finance staff works directly with the applicant to guide him/her through the application process, while working hand-in-hand with the […]
View PostHow CREDC Aids in Site Selection
By Shaun Donovan, CREDC Economic Development Specialist The Capital Region Economic Development Corporation (CREDC) serves as a catalyst for business development within Cumberland, Dauphin and Perry Counties by offering services such as loans, economic development incentives and business location support. Many of the programs are aimed at helping existing businesses within the region grow and […]
View Post [Online Resources] Real Estate, building, Central PA Real Estate, commercial lease, Commercial Real Estate, Commercial Realtor, Construction, CRE, CREDC, 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, site selectionShopping Centers Leverage Vacant Space to Help Start-Ups
Tough economic times have led to an increase in vacant space among retail centers and malls across the country. When vacancy rates are high, some scramble to fill the space and generate income by offering temporary rentals or seeking out nontraditional tenants or even government agencies. A practice that has been gaining momentum is to […]
View Post [Online Resources] Real Estate, building, business incubators, Central PA Real Estate, co-working, commercial buying, commercial lease, Commercial Real Estate, Commercial Realtor, Construction, CRE, futureland, Going Green, Harrisburg mall, 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, retail spaceAs Office Property Nears Completion, Builder and Buyer Chime In
Two months ago, we published an interview from the perspectives of both the builder and the owner of an office construction project in Harrisburg. The project is nearing completion and we thought it would be a good time to check in on their progress. Here’s a follow-up interview with David Martin of Michael L. Martin, […]
View Post [Online Resources] Real Estate, Bob Beachy, building, Central PA Real Estate, commercial buying, commercial lease, Commercial Real Estate, Commercial Realtor, Construction, CRE, David Martin, Going Green, landlord, leasing rates, Michael martin builder, Mike Kushner, NAR, office lease, Office Leasing, office leasing marketing, Office Space, office space camp hill, office space Harrisburg, office space in central pa, Omni Realty Group, planning and developing, rent office space, tenant advocateNavigating One of the Most Complex Relationships in Modern Commerce
We’ve been following a discussion on a commercial real estate group on LinkedIn. Recently, someone started a discussion which read: The Tenant’s Advocate – we represent tenants only with negotiating commercial office leases only. Our fees are paid the by the landlord, not the tenant. A few comments ensued, mostly around the follow-up question from […]
View Post [Online Resources] Real Estate, building, Central PA Real Estate, commercial buying, commercial lease, Commercial Real Estate, Commercial Realtor, Construction, CRE, Going Green, landlord, leasing rates, Mike Kushner, NAR, office lease, Office Leasing, office leasing marketing, Office Space, office space camp hill, office space Harrisburg, office space in central pa, Omni Realty Group, planning and developing, rent office space, tenant advocateHarrisburg West Office Rental Rates Also Decrease in First Quarter 2012
Last week, we shared the first quarter 2012 office segment breakdown for the Harrisburg East submarket. This week, we reveal the first quarter 2012 office segment breakdown for the Harrisburg West submarket. Overall rental rates ended the first quarter at $18.02, a decrease of 15 cents per square foot over the previous quarter. Meanwhile, the Harrisburg […]
View Post [Online Resources] Real Estate, building, Central PA market breakdown, Central PA Real Estate, commercial buying, commercial lease, Commercial Real Estate, Commercial Realtor, Construction, CRE, Going Green, Harrisburg East, leasing rates, Market Breakdown, Mike Kushner, NAR, office lease, office leasing marketing, Office Space, office space camp hill, office space Harrisburg, office space in central pa, Omni Realty Group, planning and developing, rent office space, retail segmentHarrisburg West Office Rental Rates Also Decrease in First Quarter 2012
Last week, we shared the first quarter 2012 office segment breakdown for the Harrisburg East submarket. This week, we reveal the first quarter 2012 office segment breakdown for the Harrisburg West submarket. Overall rental rates ended the first quarter at $18.02, a decrease of 15 cents per square foot over the previous quarter. Meanwhile, the […]
View Post [Online Resources] Real Estate, building, Central PA Real Estate, Class A, Class B, Class C, commercial buying, commercial lease, Commercial Real Estate, Commercial Realtor, Construction, CRE, Going Green, Harrisburg west submarket, leasing rates, Mike Kushner, NAR, office lease, Office Leasing Market, office leasing marketing, Office Space, office space camp hill, office space Harrisburg, office space in centralpa, Omni Realty Group, planning and developing, rent office spaceHarrisburg East Office Rental Rates Decrease Slightly in First Quarter 2012
Overall rental rates ended the first quarter at $16.86, a decrease of 16 cents per square foot over the previous quarter. Meanwhile, the Harrisburg East office market ended the first quarter of 2012 with an overall vacancy rate of 9.1%, a decrease of 0.3% from the previous quarter. There were no new deliveries or new […]
View Post [Online Resources] Real Estate, building, Central PA market breakdown, Central PA Real Estate, commercial buying, commercial lease, Commercial Real Estate, Commercial Realtor, Construction, CRE, Going Green, Harrisburg East, leasing rates, Market Breakdown, Mike Kushner, NAR, office lease, office leasing marketing, Office Space, office space camp hill, office space Harrisburg, office space in central pa, Omni Realty Group, planning and developing, rent office space, retail segmentHarrisburg East Office Rental Rates Decrease Slightly in First Quarter 2012
Overall rental rates ended the first quarter at $16.86, a decrease of 16 cents per square foot over the previous quarter. Meanwhile, the Harrisburg East office market ended the first quarter of 2012 with an overall vacancy rate of 9.1%, a decrease of 0.3% from the previous quarter. There were no new deliveries or new […]
View Post [Online Resources] Real Estate, building, Central PA Real Estate, Class A, Class B, Class C, commercial buying, commercial lease, Commercial Real Estate, Commercial Realtor, Construction, CRE, Going Green, Harrisburg east submarket, leasing rates, Mike Kushner, NAR, office lease, Office Leasing Market, office leasing marketing, Office Space, office space camp hill, office space Harrisburg, office space in central pa, Omni Realty Group, planning and developing, rent office spaceCCIM Members Slightly More Optimistic Regarding Economy, Commercial Real Estate Investments
CCIM, which stands for Certified Commercial Investment Member, is a designation requiring more than 200 hours of classroom training and other professional experiential requirements. There are more than 9,000 CCIMs in the U.S. (I earned the designation this past fall). Each quarter, the CCIM Institute teams with the Real Estate Research Council (RERC) to survey […]
View Post [Online Resources] Real Estate, building, CCIM, Central PA Real Estate, commercial buying, commercial lease, Commercial Real Estate, Commercial Realtor, Construction, CRE, Economy, Investments, leasing rates, Mike Kushner, NAR, office lease, office leasing marketing, Office Space, office space camp hill, office space Harrisburg, office space in central pa, Omni Realty Group, planning and developing, rent office space