In the span of about one week, both Rite Aid and Harsco made the major announcement that they would be transitioning their headquarters out of Central Pennsylvania and into Philadelphia. These major companies account for significant commercial office space and even more local jobs that now hang in the balance. The physical space is the […]
View Post [Online Resources] Real Estate, camp hill, central pennsylvania, Commercial Real Estate, Economy, harriburg, harsco, headquarters, hq, impact, jobs, local, Mike Kushner, moving, news, offices, Omni Realty Group, pa, pennsylvania, philadelphia, regional, remote work, rite aid, trends, virtual work, virtual workspaceIt doesn’t take more than a quick glance through the news to read something about the fast and wild real estate market that has risen from the chaos of a global pandemic. Listings are selling within days of hitting the market, well above asking price, and construction can hardly keep up with the demand for […]
View Post [Online Resources] Real Estate, 2008, 2021, agent, analytics, boom, broker, bubble, burst, buyer, buyers agent, central pa, Commercial Real Estate, costs, CRE, data, expenses, harrisburg, interest ratings, land, landlord, local, market, Mike Kushner, national, Omni Realty Group, pennsylvania, pricing, professional, property, property value, regional, renter, report, seller, tenant, tenant representative, trends, united statesWe live in a rapidly changing world, and such changes impact every person, place, and industry either directly or indirectly. First, this was due to rapidly changing technology, which still has a profound impact on our daily lives. We live in a time where technology is changing more in a few months than it previously […]
View Post [Online Resources] Real Estate, advice, agent, blog, broker, businesses, buy, central pa, Commercial Real Estate, CRE, employees, expert, factors, funding, government, harrisburg, home office, industrial, infrastructure, insight, issues, landlord, laws, lease, logistics, Mike Kushner, office, office environment, Omni Realty Group, pa, pennsylvania, professional, property, remote working, retail, sell, taxes, top 10, trends, virtual officeWhen a global pandemic first hit, the main concern was rightfully on the health and wellbeing of our population. As we slowly gained knowledge and tools to bring the spread of this virus under control, something equally as powerful and disruptive was already burning through the economy like wildfire. Ongoing pandemic-related disruptions in the supply […]
View Post [Online Resources] Real Estate, agent, blog, broker, buyers agent, central pa, Commercial Real Estate, Construction, construction industry, CRE, data, economic, Economy, finances, harrisburg, impact, industrial, local, Mike Kushner, money, national, new build, office, omni real estate, Omni Realty Group, regional pennsylvania, retail, space, tenant represenative, trends, united statesIn spite of 2020’s black swan event (COVID-19), leasing activity in Central Pennsylvania continued with mixed results. Normally insulated from strong economic downturns, the coronavirus tested the Central Pennsylvania Region and there are reasons for both concern and optimism. On the negative side: massive job losses in retail and a significant manufacturing base could […]
View Post [Online Resources] Real Estate, business, carlisle, Commercial Real Estate, costar, CRE, data, deal, development, Economy, gettysburg, growth, hanover, hershey, jobs, lancaster, lease, Leasing, lebanon, mechanicsburg, Omni Realty Group, pennsylvania, property management, retailers, tenant representative, trends, warehouse, yorkThe world is still responding and adjusting to the ripple effects that the COVID-19 impact had on every business, industry, and person. Where will it stop? No one knows, but we do know that where impact occurred, so did change. This rings true for the commercial insurance industry which suddenly found itself faced with a […]
View Post [Online Resources] Real Estate, alan hostetler, business, business insurance, central pennsylvania, commercial, commercial insurance, Commercial Real Estate, COVID-19, CRE, harrisburg, insurance, insurance agent, insurance broker, insurance policy, Mike Kushner, Omni Realty Group, pennsylvania, real estate agent, real estate broker, retail