Is a new kind of “crash” on the horizon for real estate?
It 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 PostTop 10 Issues Affecting Real Estate – Part I
We 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 PostCommercial Real Estate’s Impact on Last Mile Logistics
Logistics is the relay race that materials and goods compete in every day moving across land, sea, and air cargo to the end-user, and commercial real estate is the field on which it all plays out. The ability for the items we need to make it from the place in which they are created to […]
View PostEconomic Impact of Rising Commercial Construction Costs
When 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 PostOperating Expenses and Your Commercial Office Lease: What you need to know
Spring is the most common time of year for commercial real estate tenants to receive their reconciliation from their landlords or property managers for the past year as well as estimates for the current year for the operational costs for their office building. This can be an unexpected sum due, especially for small to medium-sized […]
View PostCentral PA’s Top Commercial Real Estate Leases in 2020
In 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 […]
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