Year End Market Watch Report 2017
Landmark’s Senior Vice President, Thomas Posavec, SIOR has released the Year End 2017 Market Watch Report. In 2016 the Greater Harrisburg Office Market made significant gains as absorption totaled over 250,000 sq. ft. In the First Quarter of 2017 we witnessed advances of over 55,000 sq. ft. and absorption totaled 305,000 sq. ft. for this […]
Third Quarter Market Watch Report 2017
Landmark’s Senior Vice President, Thomas Posavec, SIOR has released the Third Quarter 2017 Market Watch Report. Absorption totaled negative 10,480 Sq. Ft. in the Third Quarter of 2017, retreating slightly after a dramatic rise in the previous six (6) quarters saw absorption total nearly 325,000 Sq. Ft. We anticipate the uptick should expansions to continue […]
Second Quarter Market Watch Report 2017
Absorption totaled 18,745 sq. ft. in the Second Quarter 2017. Solid figures considering the run this market has enjoyed over the past several quarters. Going forward we are encouraged with the lack of speculative construction and are pleased with the increased number of acquisitions marketwide. We feel steady absorption of existing product is healthy for […]
2017 First Quarter Market Watch Report
The Greater Harrisburg Market made significant gains in the First Quarter of 2017 as absorption totaled 55,196 sq. ft. As we enter the Second Quarter the suburban markets boast occupancy rates between 92% and 96%. We are encouraged by the increase in activity from our small business users and remain impressed with the outlook for […]
2016 Year End Market Watch Report
Landmark’s Senior Vice President, Thomas Posavec, SIOR has released the 2016 Year End Market Watch Report. Markets continued their advance in 2016 as absorption totaled 250,333 sq. ft., its highest total in over 20 years. Since the First Quarter of 2010 the market has gained over 948,000 sq. ft. Rental rates have stabilized and market […]
Third Quarter Market Watch 2016
Markets advanced in the Third Quarter of 2016 as absorption totaled 71,652 sq. ft. fueled by solid demand from the West Shore and Downtown Business Districts. Over 160,000 sq. ft. has been absorbed over the past three Quarters. During this period occupancy and rental rates have continued to firm and tenants have had fewer and […]
Staff Focus – Thomas Posavec
Tom Posavec has been specializing in office and business park property leasing and tenant representation since 1988. He currently serves as Senior Vice President and Senior Partner of the Office Services Group for Landmark Commercial Realty, Inc., “When I was 18 years old, I worked at the Cedar Cliff Texaco and I met Dave Remmel […]
Roy Brenner Closes On Several Deals Totaling Nearly $6 Million Since First Quarter of Year
HARRISBURG, PA (June 14, 2016) – Roy Brenner, a commercial real estate agent with Landmark Commercial Realty, Inc., closed on multiple deals since January 1st of this year, with the estimated value of transactions reaching $5,699,138 and encompassing a total of 241,207 square feet of space. Of the nearly 30 deals Roy has closed on, […]