Retail vacancies are rising across South Jersey as ripple effects of Covid-19 continue to grow nearly a year after the pandemic first hit the region. A new report from Wolf Commercial Real Estate on the South Jersey market found that Burlington County’s retail vacancy rate jumped to 10% in the fourth quarter, up from 7.6%… Read more »
How to Find the Best Property for Your Business. Here are five key decision factors to consider when searching for your business’s first or next office location. 1. Identify the Needs of Your Employees Think about how many jobs you, your friends, colleagues and family members haven’t applied for due to office location? Completing a… Read more »
Landlords hope to reap benefits from the major marketing missteps taken by the Papa John’s pizza chain as the company faces the prospect of closing 250 restaurants across the country. Throughout the U.S. commercial real estate market, including South Jersey retail space, landlords are concerned the chain’s highly publicized missteps by its former chief executive,… Read more »
Efforts are underway in the New Jersey state Legislature to eliminate the blight of vacant and half-empty malls and office complexes, properties that have fallen victim both to e-commerce and a new preference in corporate America for urban settings. “Buildings used, or previously used, as a shopping mall, shopping plaza, or professional office park,” that… Read more »
The vacancy rate in the nationwide retail market increased by 10 basis points for the second-consecutive quarter to reach 5.2 percent in the just-ended third quarter as retail leasing and net absorption slowed despite continued improvement in the broader economy and growing consumer spending power, according to CoStar analysts. A slowdown in third-quarter leasing performance… Read more »
WCRE (Wolf Commercial Real Estate), a South Jersey Commercial Real Estate Brokerage Firm, is offering this premier South Jersey retail space for lease in the Allison Shopping Center at 27 North Maple Avenue Marlton NJ. This Southern New Jersey retail space has 1,425 to 3,600 square feet available for lease. In addition, the Allison Shopping… Read more »
WCRE (Wolf Commercial Real Estate), a South Jersey Commercial Real Estate Broker, is offering Southern New Jersey retail space for rent at 600 North Kings Highway Cherry Hill New Jersey Camden County 08034. The premier South Jersey retail space for rent is available for immediate lease. This Southern New Jersey retail space for lease in… Read more »
WCRE (Wolf Commercial Real Estate) reports that the South Jersey commercial real estate market exceeded several of its third quarter benchmarks, despite uncertainty caused by a natural disaster and other major news events. The latest quarterly analysis from WCRE, a premier South Jersey Commercial Real Estate Broker, found that while the third quarter was marked… Read more »
