For Central Pennsylvania’s retail real estate market, things are off to a, well, interesting start. The market has seen its fair share of ups and downs in recent quarters, and 2018 is no exception. On one hand, major retailers continue to shutter brick and mortar locations across the Susquehanna Valley. At the same time, other […]
View Post [Online Resources] Real Estate, 2018, central pa, central pennsylvania, challenges, changes, chris lebarton, Commercial Real Estate, costar, east, gettysburg, harrisburg, lancaster, market report, Mike Kushner, Omni Realty, pennsylvania, retail, retailers, trends, west, yorkTo younger generations who are making up more and more of our work force every day, work is no longer a physical space, but rather an activity that, for better or worse, can be taken nearly everywhere we go. For this reason, the movement toward co-working spaces has emerged in virtually every city that has […]
View Post [Online Resources] Real Estate, blog, camp hill, carlisle, central pa, co-working, Commercial Real Estate, company culture, coworking, CRE, harrisburg, hershey, lancaster, mechanicsburg, Mike Kushner, office, Office Space, Omni Realty, pennsylvania, real estate investor, real estate owner, shared work space, virtual office, work environment, work space, workspace, york10 Facts Any Commercial Real Estate Investor Should Know about Central PA’s Industrial Market Central PA’s industrial real estate market is unique for a variety of different reasons. Taking into consideration its geographic, demographic and economic factors, we’ve compiled a list of what we feel are the most important facts worth knowing about our local […]
View Post [Online Resources] Real Estate, camp hill, carlisle, central pa, central pennsylvania, commercial, Commercial Real Estate, costar, CRE, data, distribution, harrisburg, hershey, hummelstown, industrial, information, investment, investor, lemoyne, list, mechanicsburg, Mike Kushner, msa, Omni Realty, pennsylvania, research, statistics, top 10, trends, trucking, warehouseMajor changes are taking place in America’s health systems and we are starting to see the impact of some of these changes right here in Central Pennsylvania. Hospitals are no longer the desired “hub” for healthcare, rather free-standing emergency rooms, 24-hour emergency care centers and walk-in clinics are helping to keep people out of the […]
View Post [Online Resources] Real Estate, central pa, challenges, change, christian caicedo, Commercial Real Estate, CRE, emergency care, harrisburg, health care systems, healthcare, healthcare real estate, hershey, hospital, lancaster, Mike Kushner, news, Omni Realty, outpatient, paul toburen, pennsylvania, pinnacle, strategies, trends, upmc, yorkThere is a lot of different commercial construction activity taking place in Central Pennsylvania. Looking at the top commercial real estate projects to be delivered in 2018, there are two retail projects and 4 Class A industrial projects that will enter the market, bringing with them new businesses, jobs and consumers. Let’s take a closer […]
View Post [Online Resources] Real Estate, ace hardware, business, carlisle, central pennsylvania, Class A, Commercial Real Estate, Construction, CRE, distribution, Economy, expansion, growth, harrisburg, industrial, jobs, lancaster, lebanon, new space, pennsylvania, retail, shipping, space, supermarket, trucking, warehouse, wegmans, whole foodsVacancy rates in the local office market remained mostly stagnant moving into the New Year. If the saying “no news is good news” can be applied to Central Pennsylvania’s office real estate market, then 2017 was a good year indeed! We closed out 2017 with few noticeable gains and mostly stagnant vacancy and rental rates. […]
View Post [Online Resources] Real Estate, 2017, 2018, carlisle, central pa, cluster, Commercial Real Estate, Economy, first quarter, fourth quarter, hanover, harrisburg, lancaster, mike kusher, office, Omni Realty, pennsylvania, rental rates, second quarter, submarkets, tenant representative, third quarter, trends, york