Central PA’s Office Real Estate Market Hangs on to Low Vacancy, Slows Down on Net Absorption New office space continues to enter the Central Pennsylvania commercial real estate market. One new building was delivered in the first quarter of 2017, and four more are soon to come. Some of the biggest trends worth noting are […]
View PostCentral Pennsylvania Industrial Real Estate Report for Q1 2017
Region gains more than two million square feet of new industrial space in first quarter 2017 is on track to becoming one of the best years yet for industrial real estate in Central Pennsylvania – and we’ve only just wrapped up the first quarter! The market absorbed more than 2 million square feet of new […]
View Post [Online Resources] Real Estate, central pennsylvania, Commercial Real Estate, Construction, costar, CRE, demand, expert, facts, first quarter, industrial, market report, Mike Kushner, more space, new space, Omni Realty Group, pennsylvania, space, statistics, supply, trends, vacancyCumberland County Focuses on Commercial Real Estate Redevelopment Projects to Sustain Growth
Cumberland County Focuses on Commercial Real Estate Redevelopment Projects to Sustain Growth Cumberland County continues to be the fastest growing county in Pennsylvania. For the most part, this is a great thing for the County and the businesses and residents who reside in its borders. However, the impact of this growth brings with it the […]
View Post [Online Resources] Real Estate, brownfield, CAEDC, central pa, CRE, cumberland area exconomic development Corp, cumberland county, economic, Economy, greenfield, growth, industrial, jonathan bowser, Mike Kushner, mixed use, office, onmi realty group, pennsylvania, redevelopment, retail, spaceCentral PA Experiences Highest Number of Retail Store Closings Since Recession
After retailers come off the holiday boost, the first quarter of the year is a common time for stores to announce closures. Between January and March, retailers assess their portfolios and make decisions to shed underperforming stores. Central Pennsylvania is no exception. In recent months, several anchor retail spaces have made the decision to close […]
View Post [Online Resources] Real Estate, businesses, central penn business journal, central pennsylvania, closings, coming soon, Commercial Real Estate, cpbj, Economy, growth, homegoods, kmart, malls, marshalls, Mike Kushner, new, Omni Realty Group, opening, redevelopment, retail, sears, stein mart, stores, trendsCentral Pennsylvania CRE Market Reports Q4 2016
The Cost of Commercial Real Estate in Central PA Rises Across All Sectors: Office, Retail and Industrial 2016 wrapped up with quite an interesting quarter for Central PA’s commercial real estate market. Out of all the sectors, office space was the weakest performer. However, even though it dropped to a negative net absorption, its rental […]
View Post [Online Resources] Real Estate, 2016, central pennsylvania, Commercial Real Estate, costar, expert, fourth quarter, industrial, investment, investor, local market, Mike Kushner, office, Omni Realty Group, q4, report, retail, trendsThe 12 Days of Christmas in Central PA’s Commercial Real Estate
The 12 Days of Christmas in Central PA’s Commercial Real Estate We’re all familiar with the classic holiday song, “The 12 Days of Christmas.” But did you know that each of the 12 presents also relates to something currently taking place in Central Pennsylvania’s commercial real estate market? With a little creativity, we’ve found these […]
View Post [Online Resources] Real Estate, 12 days of christmas, camp hill, christmas, Commercial Real Estate, Economy, expert, harrisburg, hershey, holiday, industrial, lancaster, local, market, mechanicsburg, Mike Kushner, news, office, Omni Realty, pennsylvania, retail, space, trends, york