Quick Links to Chapter Member Benefits

County economic development organizations have a significant impact on commercial real estate throughout our region. You can learn the latest on local economic conditions and initiatives in 2020 and beyond as the Suburban West Commercial Chapter welcomes representatives from Chester, Delaware and Montgomery counties for this special forum discussion and cocktail hour on February 13th (3:30p-6p) at the Workhorse Brewing Co. Taproom in King of Prussia. 

Panelists include:

Each county representative will provide a short presentation and address questions from the audience.

Cocktail Hour (Featuring Open Bar and Appetizers)

After the program, network with other commercial practitioners and enjoy a wide array of appetizers and an open bar at the fun and festive Workhorse Brewing Co. Taproom.

Don't miss this opportunity to gain important economic knowledge about the region and enjoy networking with fellow commercial real estate practitioners.

Register online today (once logged in, access the Events tab and then click on Upcoming Meetings) or call 610-560-4800.

Did you know there are at least 13 other commercial real estate organizations throughout the Philadelphia region? These organizations provide their members with very specific benefits and services. However, there are also a number of events they conduct throughout the year that are open to non-members.

To provide commercial practitioners an easy way to keep up with these event offerings, the Suburban West Commercial Chapter has been joined by a few of these commercial organizations to aggregate these events onto a centralize Joint Commercial Organization Calendar. The current list of participating organizations are CCIM PA/NJ/DE Chapter, SIOR Philadelphia Chapter, IREM Delaware Valley Chapter, IREM Southern NJ Chapter, NAIOP Greater Philadelphia Chapter and CII Council of Chester County.

Click here to access the Joint Commercial Organization Calendar and bookmark the link to easily access in the future. Note that to see more events later in the year, click on the "Look for more" link at the bottom of the calendar.

Suburban West is excited to host CCIM's popular 2-day Foundations of Commercial Real Estate on March 19th and 20th (8am-5pm each day).

This two-day, case study-driven course provides agents, brokers, students and allied professionals with an understanding of the skills, resources and business practices that pave the way for success in commercial real estate. Learn how to analyze leases and investment value while developing a plan to kick-start your career.

Click here for more information on the class, including continuing education credits and registration information.  NOTE: Suburban West is only hosting this course and it does not qualify for the MCE Pass.

In mid-December, the U.S. Senate reauthorized the 179D Energy Efficient Commercial Building Deduction through 2020 (and two retroactively to include 2018-2019) as part of H.R. 1865, a year-end federal spending bill to fund the federal government. This keeps this important deduction available for commercial property owners through 2020, and allows them to claim it for 2018 and 2019 as well (the provision had previously lapsed at the end of 2017).

The 179D deduction allows commercial building owners who improve the building's energy-efficiency to receive a deduction of as much as $1.80/sq ft in the year the upgrade goes into service, after receiving proper third-part certification. It is available for both new construction and retrofits, and does not favor any particular method of conserving/reducing energy use. It encourages commercial building owners to make energy-efficient improvements, but importantly gives them flexibility to make their own choices as to how to best accomplish that.

NAR is a member of several coalitions which advocate for 179D's long-term reauthorization and will continue pushing that in 2020 ahead of its expiration.