Blog
Key differences in which office markets are seeing growth in sublease inventory
Nationally, the amount of sublease space increased by almost 24% between Q1 2022 and Q1 2023 among 50 metro areas examined by Moody's Analytics Inc. Office sublease space is growing across the United States, but there are key trends that dictate which cities are...
November 18—COVID-19 UPDATE: Philadelphia shutting down indoor dining, gyms and more
Philadelphia announces new “Safer at Home” restrictions to fight rising COVID-19 cases from City of Philadelphia Read the complete article here:...
Functional Office Furniture for the Coronavirus-Era Workplace
14 Flexible Desks, Panel Screen, Pods and More for Employee Protection and Distancing ... Investing in quality furniture pieces for your space can be expensive, so choosing products that will serve your office for the long haul is important. Adaptable and flexible...
Office Workers Plan to Make Professional and Lifestyle Changes
Sixty-one percent of U.S. workers are contemplating professional or lifestyle changes that will impact the workplace going forward. In addition, some form of remote work will be a permanent solution for nearly half of American employees. That’s according to a national...
Commercial Property Q3 2020 summary for King of Prussia
Commercial property in King of Prussia remains buoyant in a turbulent market. While the Philadelphia-area commercial vacancy rate lingers near a 20-year low, Adrian Ponsen, Director of Market Analytics for CoStar’s Philly region, points out that new leasing has...
October 26—COVID-19 UPDATE: How commercial real estate is responding to COVID
While sectors start to reopen with caution, questions remain. By BB&T and SunTrust, now Truist As the majority of offices shuttered for the spring to allow employees to work from home and safely socially distance, the commercial real estate market came under...
September 24—COVID-19 UPDATE: Lease Provisions To Consider in the Age of COVID-19
As landlords and tenants try to adapt to the “new normal” of the COVID-19 world, they are discovering that in many instances their existing lease documents are inadequate to address the unique concerns raised by the coronavirus. For parties that may be entering into...
Tenant Reps: More Important Than Ever Before
Now, more than ever, you need a tenant rep. All of the services they provide -- negotiations, market expertise, coordination, and strategic advice -- remain. However, given the complexity of the during- and post-COVID economy and all of the changes that keep coming...
August 21—COVID-19 UPDATE: Suburban Philly offices feel the brunt of COVID-19’s economic toll
Long before Keystone Property Group was a big Center City commercial landlord with historic properties such as the Curtis Center, it was a scrappy suburban upstart, snapping up buildings in office parks and rehabbing them to command higher rents. That past has come...
Tactics to Try in Tenant-Landlord Negotiations
Rent abatement and deferrals, full promissory notes and holding a security deposit are the viable options for landlords. In this environment, office and retail landlords should probably work with tenants when they need a break with rent. But Jeff Lerman, co-founder of...
July 31—COVID-19 UPDATE: Accommodating “Vulnerable Employees” and Others in the COVID-19 Workplace
COVID-19 Deep Dive Series Engaging in the ADA-required interactive process has long challenged employers in all industries and will continue to do so through the lens of COVID-19. This week’s deep dive will cover everything employers need to know about evaluating...
