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30-Unit Development Site in Philadelphia Brokered for $3 Million

30-Unit Development Site in Philadelphia Brokered for $3 Million

by Phil Hall | Jul 6, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate sales firm Agent PHL announced the sale and settlement of 2400 East Venango St. in Philadelphia for $3 million. The 38,000 square-foot site will provide 30 new townhome residences, to be delivered in two phases of 15 units each. The units will feature...
John P. Barron Named Chief Operating Officer at Trinity Group Construction

John P. Barron Named Chief Operating Officer at Trinity Group Construction

by Phil Hall | Jul 6, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Trinity Group Construction Inc., a Herndon, Virginia-based firm focused on the commercial property market, has appointed John P. Barron as chief operating officer. Barron has more than 40 years of experience in the construction industry and was previously president...
Attorney/Broker Bill Bubniak Joins Real Estate Faculty at University of Michigan

Attorney/Broker Bill Bubniak Joins Real Estate Faculty at University of Michigan

by Phil Hall | Jul 5, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

The University of Michigan announced attorney and real estate executive Bill Bubniak was named real estate director for the Weiser Center at the Ross School of Business and was also appointed associate professor of practice in urban and regional planning and director...
7,428 Acres of Wisconsin Farmland to be Auctioned in August

7,428 Acres of Wisconsin Farmland to be Auctioned in August

by Phil Hall | Jul 5, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Approximately 7,428 acres of Wisconsin farmland will be offered in a two-session auction from Aug. 23-24. Schrader Real Estate and Auction Co. is marketing the land, which will span six counties – Barron, Dunn, Polk, Chippewa, Marathon and Clark. “The land is owned by...
Russians Are Buying Up Lithuanian Residential Real Estate

Russians Are Buying Up Lithuanian Residential Real Estate

by Phil Hall | Jul 5, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Russian citizens are on a real estate shopping spree – not in their own country, but in neighboring Lithuania. According to the Lithuanian national broadcaster LRT, Russians have purchased 297 properties in Lithuania during the first half of this year. Most of the...
Manhattan’s Office Vacancy Level at New Record High

Manhattan’s Office Vacancy Level at New Record High

by Phil Hall | Jul 5, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Manhattan’s office property market broke a record in the second quarter, with a new high of 70 million square feet of available space. According to a data report by Savillis, the availability rate rose by 20 basis points in the second quarter to 19.7%, the highest...
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