Easements may cause issues for property owners
8/4/2016 | Real Estate Blog
An easement is a property right that may affect you whether or not you own real property in Pennsylvania. Briefly, an easement is an agreement that allows one party to use, for a particular purpose, the real property of another. While many easements are simple in principle or effect, the agreements creating and enforcing easements should be carefully crafted because they alter real property ownership rights.
E-commerce may be affecting commercial real estate prices
8/2/2016 | Real Estate Blog
Commercial real estate investors in Pennsylvania have probably noticed that prices are beginning to go sideways. After the recent real estate boom caused prices to increase to more than double what they were at in 2009, commercial real estate price increases started to slow down. Some of the factors that may be contributing to the leveling off of real estate prices are decreased job growth, increased supply from new construction and talks of higher interest rates.
Settled dispute leads to more PA game lands
8/2/2016 | Real Estate Blog
Pennsylvania State Game Lands 97 may be seeing a significant increase in acreage soon. The area, which is located in Bedford County, is set to expand by 104 acres through a recently negotiated agreement, to the tune of $235,000.
New tower planned for Philadelphia skyline
7/29/2016 | Real Estate Blog
A local medical company is planning to erect a new tower to house its operations in Philadelphia. The first phase of construction will yield an eight-story, 250,000-square-feet, building for housing business operations, while a second phase will add another 290,000-squre-feet to the complex, expanding Philadelphia’s state of the art medical offerings.
Deciding to lease or purchase company space
7/23/2016 | Real Estate Blog
Pennsylvania entrepreneurs planning on starting a new business or have a lot to think about when it comes to the facilities they operate from. The question of whether to lease or purchase space involves many important considerations. Small business owners should assess their cash flows before making a final decision.