Chapter Chatter
August 28, 2018

This monthly newsletter features news and information on the Commercial Chapter, including courses and events.  It also features state and national REALTOR association news items and select news impacting the local commercial real estate market.

Learn the Latest on the Reshaping of Malls in Suburban Philadelphia on October 4th


The Commercial Chapter is excited to welcome representatives from BET Investments and PREIT for the unique joint presentation "To De-Mall, Re-Mall or Get Mauled - Reshaping Malls in Suburban Philadelphia" on October 4th (2:30 pm Registration/Appetizers/Networking; 3pm-4:30pm Program) at SWRA, Malvern.
BET and PREIT are involved with many high profile retail/mixed use projects throughout the region. As the changing landscape of retail impacts the metropolitan area, this session will present first-hand accounts of projects like the Promenade at Granite Run and the Promenade at Upper Dublin from BET Investments. And PREIT will discuss how they are transforming and changing existing malls like Exton Mall and Plymouth Meeting Mall.

In addition to their knoweldagle presentations, Dan Greeley, Director of Acquisitions for BET Investments and Joe Aristone, Executive Vice President - Head of Leasing for PREIT will answer many of your questions.
Cost is FREE to Suburban West members and $25 for non-members.
Click here to register online (once logged in, access the Events tab and then "Upcoming Meetings") or email Steve Farace.

New Date Added! "Commercial Chapter-Only" Suburban West Required Training is Scheduled for October 17th


Suburban West is excited to announce it will host another special "Commercial Chapter-only" session of its required member training class "Putting Clients First" on October 17th (1:30pm-5pm) at the Suburban West office in Malvern. There is no cost to attend the 3 1/2 hour program
Note that all REALTOR members (including commercial) of Suburban West are required to complete this class before December 31st in order to meet both the SWRA 2017-2018 Continuing Member Training requirement AND NAR's 2017-2018 Code of Ethics training requirement. Both of these education requirements are necessary to maintain membership in the Suburban West REALTORS Association.
After the success of our August 23rd program, we've organized another special session so that Commercial Chapter members can both network as well as ask like-minded questions during the class. Note that other standard class dates are also available throughout the fall should the October 17th date not meet your schedule.
Register Today
Because the October 17th session is exclusive for Commercial Chapter members, please email Steve Farace if you are interested in registering - online registration is NOT available for this special class.
To register for the other general member sessions, click here to register online (once logged in, access the Events tab and then "Upcoming Classes").

Philadelphia Business Journal and Philadelphia Real Estate Council Release Quarterly Real Estate Sentiment Index


The Mid-Atlantic Real Estate Sentiment Index, a quarterly snapshot of how commercial real estate executives are feeling about current and future conditions, shows that crime and safety concerns are at the top of issues hindering the region from attracting new businesses.
Of those who responded to a question on the survey inquiring how the region could draw new companies, 56 percent said that "addressing crime and safety was the most important," according to the index. Concern over crime ranked higher than tax incentives, of which 37 percent indicated were important, and lowering taxes as measures that could be used to attract more businesses. Just 29 percent of those who took the survey said lowering taxes would help bring in new businesses.
However, when combining the responses of tax incentives and lowering taxes, those outpaced the combine crime and safety numbers. Conversely, when it came to the regions best assets for attracting companies, nearly 90 percent said its proximity colleges, universities and other corporations.
The Mid-Atlantic Real Estate Sentiment Index is a joint project by the Philadelphia Real Estate Council and the Philadelphia Business Journal, powered by Econsult Solutions. To access the full story with additional data, subscribers to the Philadelphia Business Journal can click here.
If you are a real estate professional who would like to particpate in the next survey, please click here.
Source: Philadelphia Business Journal, August 21, 2018

Reminder - Avoid Delays Because of Technology with the FREE Tech Helpline Benefit


The Tech Helpline offers members unlimited support for hardware, software, networking and digital devices. Available six days a week (Monday-Friday, 9am to 8pm, Saturday 9am to 5pm), the US-based, REALTOR-friendly tech support can troubleshoot problems at the office or at home and offer solutions, often by remotely accessing your computer.
Call the Tech Helpline if:
  • Your computer is running slow,
  • Your computer is possibly infected by a virus or spyware,
  • You're having difficulty installing software,
  • You need help hooking up a peripheral (i.e. printer, scanner),
  • Need suggestions fon the best smartphone for your business, and
  • much, much more
Don't lose productivity at the office or get frustrated at home, the Tech Helpline is the benefit you need to stay online and moving forward. Simply call 1-800-897-0873 when you need assistance or click here for more information.
Not a Commercial Chapter Member? Click here to learn more about the Chapter or call 610-560-4800
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