Over the past several years, the investment market within the Philadelphia and Southern New Jersey region has grown extremely competitive. Market trends show a majority of investors are looking within the Philadelphia region seeking higher upside values and returns. These investors are typically searching for 8% + returns on investments. This has become increasingly challenging… Read more »
Posts Tagged: Philadelphia commercial real estate brokerage firm
Philly Office Space
Wolf Commercial Real Estate (WCRE), a full-service Philadelphia commercial real estate brokerage firm, specializes in representing Philly office space for buyers, tenants, investors and sellers throughout the Greater Philadelphia region. Strategically located between New York City and Washington, D.C., and easily accessible via a major international airport, Amtrak’s north-south corridor and several major highways, Philadelphia… Read more »
A Closer Look at Center City Philadelphia’s Tightest Office Micro Markets
Most Philadelphia office space brokers and investors consider Market Street West – the portion of Market Street running from City Hall to 21st Street – as Center City’s premier office district, and with good reason. Public transit access is exceptional along that corridor, which is home to more than 12 million square feet of Philly… Read more »
U.S., Philly Office Markets Expected to Grow Throughout 2018
The U.S. office market, including Philly office space property, continued to benefit from strong fundamentals going into 2018, despite continued deceleration in net absorption, occupancy, and rental rate growth. With robust corporate profits and continued office-using job growth, that trend is expected to hold through the year as the recently approved tax cuts and expected… Read more »
Centre Square – Philly’s “Clothespin” Building – Sold for $328 Million
Centre Square, the 1500 Market Street Philly office space complex best known for Claes Oldenburg’s giant “Clothespin” art sculpture in its front plaza, was sold for $328 million this month to New York-based Nightingale Properties, according to Philly.com. The website called the deal the largest office transaction based on square footage in Philadelphia office space… Read more »
Philly Office Space Vacancy Rate Drops Below 9 Percent
The Philadelphia office space market ended the first quarter 2017 with a vacancy rate of 8.7%. The vacancy rate across all Philly office space properties was down over the previous quarter, with net absorption totaling positive 173,096 square feet in the first quarter. That compares to positive 1,080,044 square feet in the fourth quarter 2016…. Read more »
Well-Located Philly Office Space for Lease in the Monroe Office Center
Wolf Commercial Real Estate, the foremost Philadelphia commercial real estate brokerage firm with experience in Philadelphia commercial real estate listings and services, now has available leasing opportunities at well-located Philly office space for lease in the Monroe Office Center at 1 Winding Drive Philadelphia PA. Suites at this Philadelphia office building for lease are available… Read more »
U.S. and Philly Office Space Experience Phenomenal Sales Year in 2015
The year 2015 was a phenomenal year for sales in the U.S. office space market, including the Philly office space market. The U.S. office market, in fact, registered its best year since 2007, thanks in part to increased demand and constrained levels of construction that led to tightening space availability in metro areas nationwide. U.S…. Read more »
Philly Office Space and Overall Philadelphia Commercial Real Estate Market Remain Strong in 2015
The Philadelphia commercial real estate market enjoyed an overall strong year in 2015, with the Philadelphia office space, Philadelphia retail space and Philadelphia industrial space sectors all turning in solid performances, according to the latest quarterly market report from Wolf Commercial Real Estate, a leading Philadelphia commercial real estate brokerage firm with expertise in Philly… Read more »
Premier Philly Office Space for Lease at 1 Winding Drive
Wolf Commercial Real Estate, a leading Philadelphia commercial real estate broker that specializes in Philadelphia commercial real estate listings and services, is now offering premier Philly office space for lease at 1 Winding Drive Philadelphia PA. Located in the Monroe Office Center, this Philadelphia office space for lease features suites in various sizes that are… Read more »
