In this Issue
Spring 2024 Real Estate Matters
Download Spring 2024 Real Estate Matters
C&I Council: 2024 Real Estate Outlook...1
Exploring the Strength of Retail Investment Appetite...1
President’s Message...2
Lancaster Market: Key Observations by Asset Class...4
Navigating Construction Trends in Pennsylvania: Challenges and Opportunities...5
PEEPS® Sweet Suite...6
President's Message
Thank you to everyone who attended this year’s Lancaster Commercial and Industrial Real Estate (C&I) Council meeting. For those who were unable to make it or are interested in learning more, please visit https://bit.ly/3UHpAgg to download the slides. In this issue of Real Estate Matters, we cover the essence of my remarks at the meeting and those of our asset class leaders. Together, we explore what lies ahead for the economic recovery and how it specifically impacts each asset class. The last four years have left their mark, but amidst all the change, the real estate markets stand resilient and poised for growth. One other exciting development from 2023 was our December announcement that High Real Estate Group joined High Industries in its ownership transition to High Foundation. This innovative ownership structure will allow us to direct dividends from our real estate holdings directly to High Foundation, supporting important initiatives for social and environmental impact in the Lancaster community. The shift in ownership embodies The High Philosophy, a legacy of trust and innovation spanning three generations. We are proud to be a part of this new structure and look forward to contributing to the betterment of our community. I look forward to seeing what lies ahead for the remainder of 2024.