The Central Pennsylvania retail market as a whole did not experience much change in market conditions in the third quarter 2014. The vacancy rate stayed constant ending at 5.8% in the previous quarter and 5.9% in the current quarter. Net absorption was negative 26,668 square feet. Quoted rental rates decreased from second quarter 2014 levels, […]
View PostSuccess Story: Pennsylvania Coalition Against Domestic Violence Finds New Space to Transform Work Flow
Every day I work exclusively with different businesses and organizations to help them improve their efficiency and work flow by finding an office space that better meets their needs – and budget. It’s worth taking a moment to reflect on some of the success stories of my clients and the difference their new work environment […]
View Post business, buyer agency, central pa, client, collaboration, commercial, efficiency, exclusive, harrisburg, lease, Mike Kushner, negotiation, nonprofit, Office Space, Omni Realty, pcadv, pennsylvania, pennsylvania coalition against domestic violence, story, success, Tenant Representation, work flowSecond Quarter 2014 Shows Central PA Industrial Market Preparing for Growth
Without a careful eye, you might think that the data for Second Quarter 2014 was simply copied and pasted from the First Quarter. In reality, you wouldn’t be too far off. The Second Quarter for the Industrial Market did not bring about too many changes or advancements. Much like the Office Market, changes were minimal, […]
View Post [Online Resources] Real Estate, central pa, central pennsylvania, co-star, costar, distribution, Economy, growing, growth, industrial, industrial real estate, jobs, market, Omni Realty, report, trend, warehouseTop 5 Growing Industries in Central Pennsylvania
In some way, shape or form, we have all felt the impact of a struggling economy as it tries to heal itself. While data shows that things are heading in the right direction, it will not be a quick or instant fix. Luckily several industries in the Central Pennsylvania region have begun to see a […]
View Post [Online Resources] Real Estate, camp hill, careers, carlisle, central pa, Commercial Real Estate, economic health, Economy, growth, harrisburg, industries, jobs, market report, market trends, mechanicsburg, Mike Kushner, money, new cumberland, news, Omni Realty Group, pennsylvania, trendsMore of the Same: Second Quarter 2014 Shows Stagnant Office Market
The saying is that no news is good news, but in a recovering office real estate market, we would much prefer to see some numbers moving in the right direction. Unfortunately this is not the case for second quarter 2014, as the CoStar report shows us that Central Pennsylvania office space has hit a plateau. […]
View Post [Online Resources] Real Estate, 2014, business, commercial, Commercial Real Estate, costar, Economy, group, growth, market data, market trends, Mike Kushner, office, Omni Realty, Q2. second quarter, stagnant, statistics, submarkets, trendsCentral Pennsylvania Retail Market Sees Burst of Growth in Second Quarter 2014
The Central Pennsylvania Retail Real Estate Submarket, which includes Adams, York, Lancaster, Perry, Dauphin and Cumberland Counties, experienced a surge of growth in second quarter 2014. Where did this growth occur? What was the cause? And what does this mean for the local economy? Let’s first take a closer look at what the numbers are […]
View Post [Online Resources] Real Estate, analysis, cental pa, commercial, costar, economic, Economy, growth, market report, Mike Kushner, news, Omni Realty, pa, pennsylvania, retail, trends