Lancaster PA Commercial Real Estate

• 04Dec

  John Thiry, Commercial Real Estate Advisor

  CRE Blog, Industrial, Investment, Office, Retail, Universal No Comments

  Hello and welcome to Lancaster Commercial. My name is John Thiry and I am a Commercial Real Estate Advisor in Lancaster PA with NAI Commercial Partners, Inc. As a Transaction Manager, I facilitate a wide variety of commercial real estate transactions, but focus on commercial/industrial brokerage, leasing and investment properties.

  Transaction Manager

  My role as a Transaction Manager is to assist investors and users in the acquisition, development and disposition of real estate. In practice this role can manifest in four different ways:

  

  Transaction Management Roles

  No matter which phase of a commercial real estate transaction you may be in, you can, and should be represented by a Realtor©. Our team has the training and local market experience to ensure that not only will you achieve your immediate requirements, but that you will optimize your real estate assets.

  Mission Statement

  I help companies and investors align their real estate assets with their business goals. From acquisition to leasing to disposition, I provide an effective mix of market knowledge and analytics to help optimize the real estate component of my client’s business.

  Next Steps

  Click here to try out my free property report service.

  Click here to get the details on my listings.

  

  John Thiry, NAI Commercial Partners

  John F. Thiry
  Commercial Real Estate Advisor

  NAI Commercial Partners, Inc.
  930 Red Rose Court, Suite 200
  Lancaster, PA 17601

  Office: 717-283-0600 x108
  Mobile: 717-413-1457
  Fax: 866-354-1923 (toll free)

  Email Me

  Showcase Properties
  NAI Profile
  LinkedIn Profile

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  Tags: Broker, John Thiry, Lancaster PA, NAI Commercial Partners, NAI CPI

• 14Jul

  Commercial Real Estate Acquisitions Expected to Increase through 2012

  CRE Blog, Industrial, Investment, Office No Comments

  Morningstar analyst Todd Lukasik expects a flurry of purchase activity in the commercial real estate space, starting now and then intensifying in 2011 and 2012.

  It’s not so much that the commercial real estate market is healthy, but rather that there will be massive amounts of distressed properties as many property owners’ untenable debt burdens come debt.

  Click here to read the entire article.

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  Tags: commercial real estate, investors, Purchases

• 01Jul

  New Homebuilding in Central PA Defies National Trends

  CRE Blog, Uncategorized, Universal No Comments

  Central PA Business Journal reports that new homebuilding in Central Pennsylvania is defying the rest of the nation’s fallout, said Dave Thompson, president of the Homebuilders Association of Metropolitan Harrisburg.

  The number of new house sales dropped 33 percent in May compared with April, the U.S. Commerce Department said Wednesday. Economists pointed fingers at the end of the federal first-time and second-time homebuyer tax credit program that stopped April 30 for the decline.

  Click here to read the full article.

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  Tags: homebuilding, new construction

• 01Jul

  Texas Investors Survey Central PA for Warehouse Space

  CRE Blog, Industrial, Investment No Comments

  Central Pennsylvania Business Journal reports that a Texas real estate management and development company has its sights set on more Central Pennsylvania warehouse acquisitions, an executive said today.
  Dallas-based Hillwood Investment Properties is actively surveying the market to add smaller vacant warehouses to its midstate portfolio, Senior Vice President Gary Frederick said. “It’s a very stable and consistent distribution market because of its proximity to most of the northeast population,” he said.

  Click here to read the full article

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  Tags: commercial real estate, investors, warehouse

• 08Jun

  Quarryville Retirement Community Announces Expansion Plans

  Universal No Comments

  A southern Lancaster County retirement community plans to break ground Friday on an expansion that will nearly triple its footprint and add independent-living options.

  Quarryville Presbyterian Retirement Community is beginning Great Rock, a $42 million, 36-acre project that is likely to stretch over the coming decade, said President and CEO Robert Hayward.

  Click here to read entire article.

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• 21May

  Harrisburg Ranks #5 – Most Livable City by Forbes!

  Universal No Comments

  Business and civic leaders in the Harrisburg-Carlisle metropolitan area are delighted it was recently named the fifth most livable region in the nation, and all said the region must keep striving to enhance its attractiveness to businesses, residents and visitors.

  Source: Central Penn Business Journal
  

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  Tags: Central PA, Harrisburg, quality of life

• 21May

  April Jobs Report Show Best Gain in Four Years!

  Universal No Comments

  CNNMoney.com reports another sign that the recovery in the U.S. economy is taking hold, employers added significantly more jobs to payrolls in April, according to a government report released Friday.

  There was a gain of 290,000 jobs in the month, up from a revised 230,000 jobs added in March. It was the largest number of jobs added to the labor force since March 2006.

  Click here to read full article.

  The results were much better than expected. Economists surveyed by Briefing.com had forecast a gain of 187,000 jobs.

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  Tags: economy, Jobs

• 19May

  Local REIT Invests Big in Area Retail Center

  Investment, Retail, Universal No Comments

  Cedar Shopping Centers Inc. said on Tuesday it has entered a joint-venture agreement to purchase a shopping center in Berks County for $53 million.

  The 361,000-square-foot Exeter Commons occupies 37 acres in Exeter Township. Construction was completed in 2009.

  The agreement is a joint venture between Cedar and RioCan Real Estate Investment Trust, a Canadian firm. The deal, which is expected to close by Aug. 1, involves New York-based Cedar as the manager of the property.

  Click here to read full article.

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  Tags: commercial real estate, Retail, retail shopping center

• 08May

  NAI Global Expands Loan Restructuring Capability to Assist Clients

  CRE Blog, Industrial, Investment, Office, Retail, Universal No Comments

  NAI Global, the world’s premier managed network of commercial real estate firms and one of the largest real estate services providers worldwide, and Chesterfield Faring Ltd., a leading real estate restructuring group, today announced a joint venture to assist clients in need of financial restructurings.

  Click here to read the full article:

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  Tags: commercial, Lending, nai global

• 29Apr

  The NEW Spring 2010 Commercial Listing Report – Lancaster, PA

  CRE Blog, Industrial, Investment, Office, Retail, Universal No Comments

  John Thiry provides the Lancaster, PA commercial listing brochure as a courtesy to his clients:

  Lancaster PA commercial listings – 2010 Spring

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  Tags: commercial real estate

• 29Apr

  Tantalizing Hints of a Lending Thaw

  CRE Blog, Investment, Universal No Comments

  CoStar reports that large scale commercial property foreclosure meltdown appears unlikely:

  First Quarter Bank Results: Potential for CRE Armageddon Fading

  Weakness, Trouble Remain but Healthy Lenders Could Carry CRE Markets to Better Days

  By Mark Heschmeyer

  April 28, 2010

  Although first quarter results of U.S. bank holding companies across the country are unmistakably downbeat about the short-term outlook for commercial real estate in general, and their portfolios in particular, they also hint at a growing sense that the problems are working themselves out.

  For starters, banks generally reported that troubled loan assets were systematically moving through their books. For example, older construction loans on commercial developments and owner-occupied properties were being shifted to term loans, giving borrowers a chance to work through slow cash flow periods.

  Read the full article: First Quarter Bank Results: Potential for CRE Armageddon Fading – CoStar Group.

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