Posts by McGowan Corporate Real Estate Advisors
Kevin McGowan speaks at the NAIOP I.CON East Conference
Insights from the I.CON East Panel on Regional Labor Market Trends Date: June 6, 2024 Event: I.CON East in Jersey City, New Jersey Last week, I had the opportunity to speak at the I.CON East conference in Jersey City. This event brought together industry experts to dissect the labor market trends impacting the Eastern Pennsylvania…
Read MoreMcGowan quoted on front page of Lehigh Valley Business Journal: The boom in online shopping is driving the rising demand for industrial real estate in the Lehigh Valley.
By: Paula WolfNovember 15, 2021 10:21 am Thanks to the boom in e-commerce, the Lehigh Valley industrial market is even busier than it was prior to the pandemic. That’s the verdict of Kevin McGowan, president of McGowan Corporate Real Estate Advisors, who just released an update on industrial sales activity in the region. The report, using data from CoStar, revealed that sales volume in the…
Read MoreMcGowan Corporate Real Estate Advisors is now licensed in Ohio
McGowan quoted on the redevelopment of former Easton, PA Pfizer plant
Demolition continues at the old Pfizer Plant Demolition work continues at the old Pfizer plant Tuesday in Wilson. For decades, the property was known as Pfizer Corp. and later Harcross Pigments. It was most recently home to Venator Materials, a corporate spin off of Texas giant Huntsman Corp. (Rick Kintzel/The Morning Call)1 / 27The sights and…
Read MoreMcGowan quoted in Philly Inquirer: U.S. Steel’s once-mighty Fairless Works gets epic makeover to become e-commerce warehouses
by Katie Park and Jacob Adelman, Posted: November 7, 2020 NorthPoint Development wants to redevelop the expansive, environmentally degraded Bucks County steel plant site once known as Fairless Works into a massive warehouse-and-distribution campus, making it the region’s latest obsolete industrial property to be eyed for a makeover for the e-commerce age. The Kansas City, Mo.-based developer plans to complete its…
Read MoreMcGowan represents Maine International Cold Storage Facility (“MISCF”)
McGowan Corporate Real Estate Advisors is exclusively representing Amber Infrastructure and Treadwell Franklin Infrastructure Capital to seek a Lessee for the planned Maine International Cold Storage Facility. McGowan is also working in close partnership with Sterling Solutions (Nick Pacitti) to find customers and/or an operator for the planned MISCF on Commercial Street in Portland, Maine.…
Read MoreMcGowan quoted in today’s Philadelphia Inquirer
Philly-area industrial leases approach pre-pandemic levels on e-commerce demand: Report by Jacob Adelman, Updated: May 29, 2020 – 5:30 AM But demand for space around population centers like the Philadelphia area isn’t being driven only by online grocers, said Kevin McGowan of McGowan Corporate Real Estate Advisors in Allentown. Distributors of all sorts of merchandise…
Read MoreMcGowan quoted in Multi-Briefs “How COVID-19 might impact the commercial real estate market?”
From the article by @Territoryone http://exclusive.multibriefs.com/content/how-covid-19-might-affect-the-commercial-real-estate-market/business-management-services-risk-management “Office is likely to be hit hard with the work from home trend that is likely to persist beyond any shutdown,” says Kevin McGowan, president of McGowan Corporate Real Estate Advisors. And it doesn’t help that a lot of office buildings embraced the open-concept floor plan. “We think the offices…
Read MoreMcGowan quoted in Multibriefs “Can pandemic-surviving shopping malls actually thrive?”
From the article by @Territoryone https://exclusive.multibriefs.com/content/can-pandemic-surviving-shopping-malls-actually-thrive/retail ….Kevin McGowan is the president of McGowan Corporate Real Estate Advisors in Allentown, Pennsylvania. He predicts that there will continue to be grocery-anchored retail centers — but drive-thru pickup might become the norm instead of the exception. “For the other retail centers that are not grocery-anchored but are anchored by retailers…
Read MoreMcGowan quoted in Philadelphia Business Journal about emerging Northeast Philadelphia logistics market
McGowan quoted in Philadelphia Business Journal about emerging Northeast Philadelphia logistics market. One of the challenges of the market is that it’s emerging and there isn’t much historical data to benchmark rents and other metrics that go into lease deals especially with new buildings. That has meant that institutional buyers or tenants haven’t flooded the…
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