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…

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US Steel Site

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…

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navigation channel

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.…

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parking area

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…

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corporate building

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…

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interior of a corporate building

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…

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industrial property under construction

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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bulks of tissue paper and other products

Industrial real-estate operators expect the disruption of consumer supply chains caused by the coronavirus pandemic to drive a new surge in warehousing demand. Warehouse developers now helping some retail and logistics customers secure additional storage space as lockdowns trigger an upheaval in consumer buying patterns believe the rapid adjustments will give way to longer-term changes…

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