commercial real estate

Business

New Aldi Grocery Store to Open Just Off North Broad Next Year

By the end of 2019, The North Broad Corridor will be home to a brand new grocery store, one that’s known for its cheap but […]

Property

JLL’s Roger Staubach Calls It for the Patriots; Local Office Disagrees

So how will Sunday’s Super Bowl proceed? If it performs like the commercial real estate market in Philadelphia has performed, the New England Patriots will […]

Business

Philly’s Market East Is Now the Country’s Top Destination for Retailers, Report Says

It’s clear the buzz about Market East won’t let up anytime soon. We still haven’t come down from the news that the area is getting […]

Business

5 Takeaways from the 2017 “State of Center City” Report

The release of the 2017 “State of Center City” report at this morning’s quarterly meeting of the Central Philadelphia Development Corporation was a “Yes, but…” […]

Business

Report: Educational and Medical Jobs Help Stabilize Rents and Retail Market

It’s no secret that Philadelphia is a powerhouse in educational and health services – just a quick glance around our thriving metropolis will make this more […]

Business

How the Sharing Economy Is Changing Office Space

Two booms taken together turned Center City Philadelphia from a somewhat sleepy place at night with a buzz-cut of a skyline to a vibrant, round-the-clock […]

Business

New Navy Yard Construction Means 190 New Jobs

Axalta Coating Systems is constructing a 175,000-square-foot facility at the Philadelphia Navy Yard — and bringing at least 190 jobs to Philadelphia. Called the Global Innovation Center, the new […]

Business

$1 Billion Virtua Hospital Plan Approved But Still Far From Done Deal

Virtua Health unveiled a $1 billion, 20-year plan to build a medical care campus in South Jersey. The health system has plans to construct a nine-story […]

Business

Nearly $1 Billion in Philly Office Transactions in 2015 So Far

When it comes to Philadelphia’s office market, rents are up, availability is down and purchases have nearly hit $1 billion in the first two quarters of […]

Property

Comcast Could Be Eyeing Third Tower in Center City

Construction has just begun on Comcast’s second skyline-piercing building in Center City, but company officials may already be thinking ahead to the third. The Inquirer […]

Property

Morning Headlines: Commercial Real Estate Is “Turning a Corner”

Philadelphia office space may be among the most affordable in comparison to other major cities, but a recent observation from Jones, Lang, LaSalle, a financial and […]

Property

Morning Headlines: Center City Saw $1 Billion in Retail and Office Space Deals Last Year

This past year appears to have been a kind one for commercial real estate investors in Center City. According to the Philadelphia Business Journal’s Natalie […]