Central PA Loses Rite Aid and Harsco HQs – A Look at Causes & Impact
In the span of about one week, both Rite Aid and Harsco made the major announcement that they would be transitioning their headquarters out of Central Pennsylvania and into Philadelphia. These major companies account for significant commercial office space and even more local jobs that now hang in the balance. The physical space is the […]
View PostTop 10 Issues Affecting Real Estate – Part II
In Part I of the “Top 10 Issues Affecting Real Estate” we covered topics 1-5 of the top issues we expect to have a lasting and immediate impact on real estate here in Central Pennsylvania and across the United States. If you missed it, start here! Keep reading if you’re ready to dive deeper into […]
View PostIs 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 […]
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