Trade Article (11)

Read more from GlobeSt.com at: http://www.globest.com/news/12_1137/philadelphia/development/Seven-PA-Projects-Get-ULI-Rouse-Awards-359097-1.html

 

PHILADELPHIA, PA—Urban Land Institute Philadelphia named seven Pennsylvania real estate projects, including five in Philadelphia, as winners of its 2015 Willard G. “Bill” Rouse III Awards for Excellence.

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The New Era of the Advisory Profession

Del Markward, current Global Vice President of SIOR* and Principal of Markward Group, discusses his thoughts on the New Era of the Advisory profession in Commercial Property Executive interview.

March 2016

Below are excerpts from the original article, which can be read in its entirety at: (more…)

Lehigh Valley GDP Outpacing Other PA Regions

“Since the national recession ended, the Lehigh Valley has been on an unprecedented burst of growth,” said Don Cunningham, LVEDC president and CEO. “No other metropolitan area of Pennsylvania has grown at the rate of the Lehigh Valley.”

 

LEHIGH VALLEY, PA—Lehigh Valley GDP Grows to $35.4B, Continues Pattern of Growth

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Growth Opportunities Abound in Eastern PA

 

It wasn’t long ago that Billy Joel penned a song that described an area out of time and beyond use. “We’re livin’ here in Allentown,” he wrote, and though the words are still the same, the context today is totally different. The sense of abandonment has been replaced with opportunity.

The Lehigh Valley is centrally located, possesses a well-trained labor force and enjoys a lower cost of business than nearby cities like Philadelphia and New York.

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Read more from WFMZ.com at: http://www.wfmz.com/news/news-regional-lehighvalley/allentowns-niz-attracting-developers-businesses-to-the-waterfront/33209670#.VWS-fjHW16k.email

First it was the hockey arena and City Center.

Next up: The Waterfront.

Allentown’s Neighborhood Improvement Zone, or NIZ, is bringing a lot of new businesses to the city but what’s in it for them?

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NEW YORK CITY—Here is an interesting factoid about the commercial real estate bank lending market: Currently bank lending for construction and development is growing faster than lending for completed buildings, according to a soon-to-be released independent analysis by Chandan Economics of call reports filed by banks with the Federal Deposit Insurance Corp.

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Read more from Globestreet.com at: http://www.globest.com/news/12_1119/newjersey/retail/Robust-Northeast-Retail-Real-Estate-Market-Spurs-Increased-Construction-358289-1.html?ET=globest:e46519:857892a:&st=email&s=&cmp=gst:New_Jersey_AM_20150526:editorial-

NORTH PLAINFIELD, NJ—The Northeast retail real estate market is robust heading into the heart of 2015. Matthew K. Harding, president of Levin Management, sees higher pricing in the near future as most of the prime real estate has been gobbled up. He gave us his views on the retail market in New Jersey in this exclusive Q&A.

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