Posts by McGowan Corporate Real Estate Advisors

McGowan Corporate Real Estate Advisors represented an undisclosed 3PL in the leasing of 611,320 SF at One Costco Way, Monroe, NJ. The property is a multi-tenant 983,320 SF reinforced concrete building. Kevin McGowan, CCIM, SIOR, completed the transaction on behalf of the tenant, one of the largest 3PL companies in the world. The space offered the tenant 36 foot…

We attended an Industrial Panel earlier this week in Philadelphia where we heard some interesting tidbits. Some highlights were: All pricing (rents, land, sales PSF) in the PA/NJ market are at an all time high. Digital Natives (those born after 1990) are driving the warehouse market demand. The average person consumes 50 sf per person or warehouse…

As a leader in the industrial space, McGowan Advisors (“MCREA”) stays abreast of the ever changing logistics market whether it is rail, shipping, or trucking to better serve its clients. With the emergence of e-commerce, the entire logistics supply chain is reevaluating how to do business going forward. Corporate users are focused on increasing sales…

This past week McGowan Corporate Real Estate Advisors became an official member of IAMC, the Industrial Asset Management Council. IAMC is the leading association of industrial asset management and corporate real estate executives, their suppliers and service providers, and economic developers. This is not McGowan’s first association with IAMC. In fact, McGowan has been the…

It is time to plan on attending the Golf and Dinner Outing for the benefit of the The Miracle League of Lehigh Valley and the WERC Education fund. When: September 12, 2014 Time: 12:00 check in and networking 1:00 PM Shotgun Where: Shepherd Hills Golf Course, 1160 S. Krocks Rd., Wescosville, Pa 18106 Cost: $350.00 for a foursome – $100,00 individual…

For the second year in a row, McGowan will moderate a panel on September 23, 2014 at the Maritime Parc in Jersey City, NJ. The title of the panel will be: Pennsylvania’s Red-Hot Lehigh Valley and the Shift West: Will Lower Costs of Construction, Operations and Tax Incentives Continue to Spark Industrial Development in the…

McGowan Corporate Real Estate Advisors is now an active Broker of Record in Pennsylvania, New Jersey, Delaware and West Virginia.

MCREA can improve your operating margins through more efficient and effective administration and management of your real estate portfolio!  Our Corporate Real Estate Portfolio Diagnostic Review was created to evaluate the real estate portfolio of a multi-national company. We have now expanded this model for use by other clients with multiple locations, nationally and internationally. The Savings Roadmap was developed to execute…

If you are a tenant and plan to renew your lease and remain in your current space, there are many benefits to engaging a tenant rep broker. Many happy tenants believe there is no need to hire a broker and just negotiate a renewal deal directly with their landlord. 1) Your Tenant Representation won’t cost…

When thinking about moving tenants must remember to think about the following tasks: Purpose of this move? Grow, Reduce costs, increase operational efficiencies? Location, building size, lease term, number of buildings. Type of building needed? Cross-dock, high-clear, outside storage, parking. Timeline – Critical planning budgets Identify and/or create ideal facility candidates and opportunities (Include possible incentives)…