The Most Comprehensive Source for Commercial Real Estate News in the Region 

By Andrew Koller, WCRE/CORFAC International Philadelphia’s commercial real estate market is entering a more disciplined phase in 2026. Two of the clearest trends are the slowdown in new industrial construction and continued improvement in retail leasing and investment sales. While these trends affect different property sectors, they reflect the same broader shift: Capital is moving toward properties with established demand and dependable near-term income. Industrial Demand St

Betesh completes multifamily and mixed-use transactions in Bayonne, Clifton & Jersey City CLIFTON/BAYONNE/Jersey City Heights, NJ — ICON Real Estate Advisors has arranged three Northern New Jersey investment sales totaling $8.975 million. David Betesh, director of multifamily at ICON, arranged the $4.1 million off-market sale of a 25-unit apartment building at 5-7 Kelly Pkwy. in Bayonne. Betesh represented both the Brancatella family, which sold the property after more than 5

Transactions total 69,310 s/f at 711 First Ave. and 421 Feheley Dr. KING OF PRUSSIA, PA — Industrial Investments, Inc. has completed three lease transactions at two King of Prussia light industrial properties. At 711 First Ave., a 54,225 s/f light industrial property within the Moore Park industrial and business campus, Sherwin-Williams expanded by 14,375 s/f, bringing its total occupancy to 28,375 s/f. The company also executed a long-term lease renewal, extending a tenancy

In partnership with Seabury Resources for Aging Silver Spring, MD — Enterprise Community Development, in partnership with Seabury Resources for Aging, announced the redevelopment of Springvale Terrace, an existing senior housing community in Silver Spring. The redevelopment will replace the current aging property with a new, modern, mixed-income community designed to better serve low- and moderate-income seniors and support aging in place. Originally built in the 1960s, Sprin

New owners plan 70,000 s/f expansion of triple-net lease property in Easton Easton, PA — A partnership between Benchmark Real Estate and Regal Ventures has acquired an 85,053 s/f industrial building in Easton, PA that is fully occupied by a designer and manufacturer of ergonomic workspace solutions. Easton -- part of the growing Lehigh Valley region -- is located about 18 miles northeast of Allentown. It is about 75 miles northwest of Philadelphia and about 75 miles west of M

$15.4M loan advances 113,000 s/f industrial development Purveyor Kuser HAMILTON & ROBBINSVILLE, NJ — MORVAY, announced two significant milestones that reinforce its long-term investment strategy: continued construction on two class A industrial developments totaling nearly 113,000 s/f in Central New Jersey and the closing of a $15.4 million construction loan with ConnectOne Bank. “The shallow-bay industrial market remains one of the most resilient and sought-after asset class

Columbia Bank provides construction financing for new six-story development DOVER, NJ — A joint venture between Crossroads Companies and CrownPoint Group Inc. has now completed 80East, a brand-new luxury apartment community in the heart of downtown Dover, NJ. The six-story development represents the long-awaited transformation of a vacant property at the corner of East McFarlan and Passaic streets to expand housing options in this growing Morris County hub. Featuring a mix of

Core Enterprises completes comprehensive capital improvement project at Greenwich Commons Stewartsville, NJ — Larken Associates, a full-service commercial and residential real estate firm, announces that Core Enterprises, the firm’s in-house construction division, has completed a comprehensive capital improvement project at Greenwich Commons, located at 1 Greenwich St. in Stewartsville. Located just off Route 22 and about a quarter mile from I-78, Greenwich Commons is a two-s