Posts by McGowan Corporate Real Estate Advisors
McGowan 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…
Read MoreMcGowan in the WSJ today
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…
Read MoreSupply Chain Restructuing in the Corana Virus Era
In this unprecendented era, corporates are dealing with liquidity issues which directly impact solvency. One of the key considerations is the durability and reliability of the supply chain. It is imperative that corporations have a reliable chain that includes alternatives. We are working closely with our clients to look at their network of warehouses. On…
Read MoreCorona Virus Update
First and foremost, we hope your family, friends, and businesses are healthy. These are challenging times for everyone on a variety of fronts. McGowan continues to stay focused on closing out transactions in progress for our clients. We are thankful to be healthy as well at the moment. We’ve been in business since the 1970’s…
Read MoreMcGowan reps Misfits Market in 140,800 SF lease of Warehouse, Pennsauken, NJ
Misfits Market Inc., a direct-to-customer delivery service of produce, signed a long-term lease on 140,800 square feet at 500 Griffith Morgan Lane in Pennsauken, N.J., and will relocate from Philadelphia to use the building as a new headquarters and cold-storage distribution facility. This location will serve as the new headquarters and distribution center for Misfits…
Read MoreSite Selection Panel from Pittsburgh NE Petrochemical Conference
Last June we were on a panel in Pittsburgh regarding the site selection and construction of petrochemical facilities. Apologies for the late posting of the audio but it is a good panel that highlights our site selection capabilities. A Step-by-Step Guide to Site Availability in the North East Northeast Petrochemical Construction Conference Gas Power Plant…
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