Although we are still waiting for the full impacts of the COVID-19 outbreak to become apparent, it is obvious that it will have far-reaching implications for our industry. Quarantines and social distancing have already caused much pain to the hospitality and retail sectors and the lasting effects will linger long after COVID-19 subsides. On the flip side, the short-term impacts to the industrial sector have been less dire but changes to supply chains and consumer habits broug
ASHINGTON, DC — The Society of Industrial and Office Realtors (SIOR), one of the world’s premier organizations for office and industrial real estate professionals, is stepping up to support communities nationwide during the COVID-19 crisis. SIOR is announcing the Community Assistance and Relief in Emergencies (CARE) program to provide immediate support for nonprofit and philanthropic services across the country. Many organizations such as food banks, shelters, school food dis
Delaware County, PA — The Flynn Company announced the sale of a 170,000 s/f, five-building, industrial portfolio in Delaware County. The properties are located in the Ridley Business Center in Holmes, PA (four buildings) and 620 Parkway in Broomall, PA, which are located in direct proximity to I-95 & I-476, respectively. The properties were 100% leased at the time of the sale. The buildings offer very functional space in a variety of suite sizes, which meet the industrial dem
It’s hard to deny the recent boom we’ve seen in commercial real estate. As the economy has changed, so too has the role of the broker—the traditional agent role has morphed into that of a counselor. Owners, operators, and investors alike are looking for brokers who are highly intelligent and can do more than just close the deal.
As clients are seeking more robust, trusted advisors, it’s become critical for agencies to develop a network of brokers with unique, specialized cor
WASHINGTON, DC — The Society of Industrial and Office Realtors (SIOR) recently published the First Quarter 2018 SIOR Commercial Real Estate Index, compiling results of the U.S.-based member-wide survey. Boasting upon broad economic activity, the index rose to its highest value since its creation in 2005. With gains in business investments, consumer spending, exports, and government spending, results of the CRE Index detailed many positive findings.
“The gains in every aspect