Commercial real estate continues to be a hot commodity, and now where is that more the case than right here in Montgomery County, where Fort Washington led the region last year in commercial real estate leasing.

In fact, according to a recent CBRE survey, commercial property investors are bullish about the industry’s performance this year due in part to the passing of President Donald Trump’s new tax law and this prolonged period of economic expansion, writes Champaign Williams for biznow.com. 

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Forty-five percent of those surveyed plan to ramp up their commercial real estate acquisitions in the Americas this year, and roughly 88 percent of respondents plan to keep pace with or increase their CRE spending in 2018, up from 83 percent last year.

Only 12 percent of those surveyed plan to reduce their real estate holdings this year, down from 17 percent in 2017. Investors predict the following trends will have the greatest impact on real estate investment opportunities in the commercial space this year: last-mile logistics, flexible space and a pullback in investor dependence on traditional office and retail assets to boost the performance of one’s portfolio.

To read the complete story click here.

It was more than 50 years ago that Philip and Nathan Seltzer, broke ground at what was one of the first office parks in the country. The stretch of land was located in Fort Washington, just off the PA Turnpike, and was considered revolutionary in its premise.

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