Photo: Walden in Mechanicsburg, PA If you’ve been a resident of Central Pennsylvania for more than a few years, you’ve likely seen various live-work-play (LWP) communities – maybe you even live in one. What we’re talking about it mixed-use commercial and residential real estate where people have the opportunity to live, work and play (shop, […]
View Post6 Things in 2018 that Should Have Commercial Real Estate Agents Feeling Grateful
Note: This article was published by the Central Penn Business Journal. Click here to read the original version. It’s about that time when people start to reflect upon the last year, making note of progress that has been made, and milestones that have been achieved. In light of the Thanksgiving holiday, there are certain things that […]
View Post [Online Resources] Real Estate, agent, article, blog, broker, camp hill, central, central pa, central pennsylvania, commercial, Commercial Real Estate, CRE, east, gettysburg, harrisburg, hershey, investor, lancaster, market report, Mike Kushner, Omni Realty, Omni Realty Group, pennsylvania, tenant representative, trends, west, writing, yorkCentral PA Office Submarkets End Quarter with Very Different Outcomes
Lancaster closes Q3 with the strongest market while Harrisburg West shows signs of distress. The submarkets that make up Central Pennsylvania’s office real estate market each have unique advantages and disadvantages that really show through when you examine each individually. With the close of the third-quarter, we took a closer look at how the four […]
View Post [Online Resources] Real Estate, analysis, central pa, Class A, Class B, Class C, Commercial Real Estate, commercial real estate agent, commercial real estate broker, costar, east, harrisburg, lancaster, local, market, Mike Kushner, office, office real estate, Office Space, Omni Realty Group, pennsylvania, real estate agent, real estate broker, realty, report, stats, tenant representative, trends, west, yorkHigh Rental Rates, Low Vacancy Define Central Pennsylvania Industrial Market
Central PA’s submarket clusters for industrial real estate have some of the lowest vacancy rates and highest rental rates we have seen in recent years. It’s the news that every commercial real estate developer and investor want to hear – the industrial real estate market in Central Pennsylvania ended Q2 2018 with some of the […]
View Post [Online Resources] Real Estate, absorption, central pa, Commercial Real Estate, costar, data, developer, industrial, inventory, investor, manufacturing, market, Mike Kushner, Omni Realty Group, pennsylvania, rental rates, report, space, statistic, trends, warehouseCentral PA Retailer Shares Challenges and Strategies for Competing with Online Retailers
Note: This article was published by the Central Penn Business Journal. Click here to read the original version. In June, the Supreme Court ruled that states can begin to collect sales tax on web purchases. Previously, online sellers who did not have a physical presence (or “nexus”) in a given state had a perceived advantage over […]
View Post behavior, brick and mortar, central pa, consumer, customer service, lee gonder, local, Mike Kushner, Omni Realty, online, online sales tax, pennsylvania, retail, retailer, sales tax, shopping, store, supreme court, tax, trends, world cup ski and cycleMajor Trends Impacting Central PA’s Retail Real Estate Market in 2018
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, york