Retail real estate investors and consumers alike should be excited about the market trends we experienced in fourth quarter 2015! There are several strong indicators that the local market is healthy, growing and catching the eye of some major retailers like Field and Stream. The highlights from the most recent quarter include the lowest vacancy […]
View PostHow Federal Interest Rate Hikes Will Impact the Commercial Real Estate Market
Note: This article was originally published by the Central Penn Business Journal. Click here to read the original version. By now you have likely heard about the Federal Open Market Committee (FOMC) voting in December to raise the federal funds rate for the first time in almost 10 years. And if you haven’t, well, it’s […]
View Post 2016, article, bank, blog, central pa, central penn business journal, Commercial Real Estate, cpbj, data, Economy, federal, finances, guest column, hike, increase, industrial, interest rates, market, Mike Kushner, money, news, office, Omni Realty Group, pennsylvania, prediction, report, retail, statistics, treasury, trends, united states, writingNew Sales, Construction and High Rental Rates Keep Industrial Market Active in Q3 2015
2015 continued to be a prosperous year for industrial real estate. Locally here in Central Pennsylvania, the market maintained the burst of growth it received in the second quarter and the quoted rental rates even increased yet again to a recent record high. New sales and construction projects have also kept the market quite busy, […]
View Post [Online Resources] Real Estate, advice, blog, camp hill, central pa, central pennsylvania, commercial, data, dauphin, derry, expert, harrisburg, hershey, industrial, insight, lancaster, lemoyne, market, mechanicsburg, Mike Kushner, new cumberland, news, Omni Realty Group, pennsylvania, report, statistics, submarket, trends, yorkRobust Growth Predicted in 2016 for Central PA Industrial Real Estate Market
Are you ready to start off 2016 with some good news? The industrial real estate market in Central Pennsylvania is riding a wave of robust economic growth and all signs point to a continuing boom that could be the greatest in the sector’s history! Looking at the fourth quarter data, our latest research confirms that […]
View Post [Online Resources] Real Estate, 2015, 2016, article, blog, business, camp hill, carlisle, central pa, change, CRE, cumberland, data, dauphin, Economy, employment, future, growing, growth, harrisburg, hershey, impact, industrial, industry, information, jobs, land, manufacturing, market, mechanicsburg, Mike Kushner, money, msa, new year, news, numbers, oil, Omni Realty Group, pennsylvania, positive, prediction, recap, report, space, statistics, trendsHow Will New Office Space Construction in Central PA Impact the Market?
Note: This article was originally published by the Central Penn Business Journal. Click here to read the original version. 2015 has brought a boost in office space construction to Central Pennsylvania and there is even more space to come! While this may be exciting news for businesses looking to expand into the local market, we […]
View Post [Online Resources] Real Estate, advice, building, central pa, central penn business journal, co-star, Construction, cpbj, development, Economy, expert, future, growth, local market, market report, Mike Kushner, new, news, Office Space, Omni Realty Group, pennsylvania, predictions, region, space, third quarter, trendsManufacturing Continues to Grow in Central Pennsylvania: What’s Going On and Why It Matters
This article has been featured by the Capital Region Economic Development Corporation (CREDC) and can be also viewed on their website. According to the PA Manufacturers Association, manufacturing and its affiliated businesses contribute $11 Billion to the economy in south-central Pennsylvania alone, providing our community with an estimated 110,000 jobs. This industry is a huge part […]
View Post [Online Resources] Real Estate, blog, camp hill, Capital Region Economic Development Corporation, central pennsylvania, commercial, CREDC, cumberland, dauphin, demand, Economy, growth, harrisburg, industrial, industry, lancaster, local, manufacturing, market, mechanicsburg, Mike Kushner, Omni Realty, pa, region, trends, writing, york