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8 reports
Multifamily developers are building hundreds of units in the Lehigh Valley as the region contends with population growth and a housing shortage.
The region has a large industrial market and available power, but high land prices and community pushback have kept data center development relatively muted.
The completion of Chubb's build-to-suit project means Philly now has no new office underway, and the trend of converting offices to other uses has also slowed.
The post-pandemic industrial boom brought a wave of speculative big-box construction to Philadelphia proper, a market with little precedent for that type of product. Owners are now breaking up those buildings to accommodate the smaller footprints of...
Rising sea levels and falling land elevations have led to restrictive building codes and high construction costs along the Jersey Shore as the region faces an attainable housing shortage. Since Superstorm Sandy rocked the state in 2012, New Jersey has...
The valuation of an underperforming Delaware County mall sank this month after the borrowers missed their payoff date last year. Springfield Mall at 1250 Baltimore Pike was valued at just $30M in a recent appraisal, according to CMBS monitoring platform...
Developers are chasing resurgent economic vitality in Eastern Pennsylvania’s midsized post-industrial cities, and some believe Reading is next in line. The city suffered in the 1980s from deindustrialization and job losses in its once-strong banking...
Property owners and brokers in Philadelphia’s life sciences market remain in a tough spot amid high vacancy and negative absorption, but they say they haven't given up hope.