Barring any unforeseen events, and as long as interest rates stay close to where they are now, New Jersey’s office and industrial real estate markets in 2018 should be somewhat similar to 2017. I think it's going to be another robust year for the industrial sector, but not as record breaking. The office market will be active, yet overall absorption rates will stay about the same.
Industrial rents are the highest I have ever seen in my 35 plus years of serving this marketpla
Every new year presents opportunities to reflect on successes, establish goals, and anticipate coming trends. At AKF, we believe there has never been a more exciting time for our profession.
Technology is impacting how we live, work and play, and engineering is providing the backbone for these advancements. Cities are getting smarter, buildings more efficient, and in 2018 we’ve only just arrived at the edge of what’s possible.
Smart Buildings and
the Internet of Things
Commercial real estate has seen a whirlwind of excitement in 2017, from major closed deals and redevelopments to our revolutionary new mortgage product, there’s much to reflect upon and look forward to in the new year.
The debut of our competitive mortgage loan, UC GO, was a huge highlight for UC Funds in 2017. Early this year we noticed commercial banks pulling back on commercial real estate financing due to increased regulations, and saw an opportunity for innovation. Thi
For small and medium investors in commercial real estate, 2017 was another solid year; 2018 is looking promising as well but the demand mix is changing.
In the past year, vacancy rates fell in the Philly suburban office market, according to data from Cushman & Wakefield dropping to 11.1% in the third quarter of 2017 from 12.5% a year earlier. No surprise that
JLL Philadelphia Research reports office rents hit cyclical highs in the third quarter, the most recent period with
For several decades, experts on societal and retail trends have predicted the demise of the shopping mall. I reject this gloomy vision – in fact, I believe malls will be part of a very significant commercial real estate trends during 2018. But, certainly not in the traditional way many people still envision shopping malls.
Without a doubt, most of the sprawling retail palaces erected during the 1970s and 1980s are dying … many are already quite dead. Some projections indica