Omni Realty Group

Omni Realty Group Exclusively Representing Buyers and Tenants of Commercial Real Estate. For the landlord, it may determine the property’s long-run financial viability.

Since our first day of business, our objective has been to offer highly personalized service to our clients through research, skill and experience. After carefully determining our clients’ needs and analyzing all possible solutions, we secure the most effective space at the most favorable terms. Our motivation is to obtain the best outcome for our clients - we negotiate much more than rate per squ

are foot. The long-term office lease represents one of the most complex relationships in modern commerce. It spins an intricate web of mutual obligations between tenant and landlord, which can endure up to a quarter century or even longer. It survives a succession of real estate and business cycles, employees and other relationships. For the corporate or institutional tenant, the lease is often its largest single financial commitment. Entering into such a commitment demands technical expertise of the highest caliber. In the current real estate climate – where the non-rent variable has emerged as the most significant factor in leasing economics – demonstrated effectiveness is required. A tenant must consider an almost endless list of variables, such as negotiating tax and operating expense escalations, work letters, electrical charges, sublease and assignment rights, alterations, and options to expand or renew. Generally speaking, the rent being charged by landlords includes a brokerage fee whether they have to pay one or not. Moreover, most tenancies are brought to building owners by agents and landlords will not, as a rule offer one rental rate to a tenant dealing direct, versus a rental rate when the tenant is represented. Not a good idea either from existing tenant relations or from a local brokerage relationship point of view. Learn more about commercial real estate in your area: http://omnirealtygroup.com/

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In the span of a week, both Rite Aid and Harsco made the major announcement that they would be transitioning their headq...
09/27/2021

In the span of a week, both Rite Aid and Harsco made the major announcement that they would be transitioning their headquarters from Central Pennsylvania to Philadelphia. Here’s what we know about the plans for the transition, what fueled the decision, and how this stands to impact local jobs immediately and into the future:

This article explores the causes and impact of the Central PA market losing both Rite Aid and Harsco headquarters in a small amount of time.

In case Part I left you hanging, here are 5 more issues that stand to have a big impact on commercial real estate nation...
09/21/2021

In case Part I left you hanging, here are 5 more issues that stand to have a big impact on commercial real estate nationally and across the US. These include housing supply and affordability, political polarization and more. Learn what the next 5 top issues are here:

Read issues #6- #10 in part II of the top issues affecting real estate locally and nationally across the United States in various sectors.

Real estate professionals are predicting a new kind of “crash” on the horizon for the real estate market, but caution it...
08/31/2021

Real estate professionals are predicting a new kind of “crash” on the horizon for the real estate market, but caution it will be quite different from what we experienced back in 2008. Here’s what’s expected – and how to prepare:

Given the current real estate market boom of 2021, will there will be another crash like in 2008? Here's what buyers, sellers, and builder should expect.

For businesses that were fortunate enough to be able to adapt and survive during COVID-19, some major changes had to tak...
08/23/2021

For businesses that were fortunate enough to be able to adapt and survive during COVID-19, some major changes had to take place. Looking at commercial real estate, these most significant changes can be grouped into 10 core issues. Here’s a high-level look at the first five issues that have already and will continue to affect the real estate market for years to come.

These issues will have the biggest impact on commercial real estate in 2021 and beyond. Some of the emerging trends are due to COVID-19 while others have been a long time coming.

Comparing pricing for pretty much anything can be challenging. How do you know if you’re really looking at things apples...
08/23/2021

Comparing pricing for pretty much anything can be challenging. How do you know if you’re really looking at things apples-to-apples? Tools and technology can do a lot of the work, but at the end of the day it takes outside experience to help compare costs and benefits of major investments, such as commercial real estate space for a business. From the perspective of a Tenant Representative, here’s the process I follow for finding, comparing, and negotiating commercial real estate leases for tenants:

These issues will have the biggest impact on commercial real estate in 2021 and beyond. Some of the emerging trends are due to COVID-19 while others have been a long time coming.

Commercial real estate is so entwined with how the United States receives, moves, and distributes its goods that it is e...
07/21/2021

Commercial real estate is so entwined with how the United States receives, moves, and distributes its goods that it is easy to overlook how the smallest shifts in trends and policies can have a profound and lasting impact on our nation’s logistics.

Logistics move essential items across land, sea, and air cargo to the end-user every day, and commercial real estate is the field on which it all plays out.

Whether you’re a commercial real estate builder/developer or simply a business owner who relies on CRE space to function...
07/14/2021

Whether you’re a commercial real estate builder/developer or simply a business owner who relies on CRE space to function, the economic impact of rising commercial construction costs is something we need to be paying attention to right now. Check out this great read for insight into what’s taking place now and what’s predicted for the future: http://ow.ly/WM5h50FvT5M

Coming out of COVID-19, learn how rising commercial costs stand to impact the local and national economy now and into the future.

Spring is the most common time of year for commercial real estate tenants to receive their reconciliation from their lan...
04/30/2021

Spring is the most common time of year for commercial real estate tenants to receive their reconciliation from their landlords or property managers for the past year as well as estimate statements for the current year for the operational costs for their office building. Learn more about operating expenses, CAMs, and how they are woven into your commercial real estate lease here:

Businesses renting commercial real estate space should be aware of these unexpected costs that could blow their office, retail, or industrial budget

Many of the largest commercial real estate leases that took place in 2020 are beginning their terms in Q1 of 2021. This ...
02/22/2021

Many of the largest commercial real estate leases that took place in 2020 are beginning their terms in Q1 of 2021. This means a boom of new businesses are opening their doors in the Central PA region, bringing with them jobs, more distribution space, and new retail locations. View the top 5 leases from 2020 for office, retail, industrial, and flex space here:

Listing of Central Pennsylvania's top 5 commercial real estate leases in 2020 for office, retail, industrial, and flex properties.

For business owners, you may have considered whether your business insurance could assist with any of your COVID-19 rela...
02/10/2021

For business owners, you may have considered whether your business insurance could assist with any of your COVID-19 related losses or damages. To help shine light on this topic, local insurance professional, Alan Hostetler answered several key questions for the Omni Realty blog that you can read here:

In the wake of COVID-19 many businesses are lefting wondering whether their commercial insurance policy can help offset some of the losses.

Thank you Central Penn Business Journal for sharing my opinion piece on "How the 2020 Election Impacted Commercial Real ...
01/20/2021

Thank you Central Penn Business Journal for sharing my opinion piece on "How the 2020 Election Impacted Commercial Real Estate" Check it out here:

On November 3, the U.S. experienced a major divide when one of the most contentious elections in history took place between President Donald Trump and President Joe Biden. This is not to get into politics or election outcomes, but rather to focus on how President Biden’s changes will impact how co...

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Harrisburg, PA
17109

Opening Hours

Monday 7am - 4pm
Tuesday 7am - 4pm
Wednesday 7am - 4pm
Thursday 7am - 4pm
Friday 7am - 4pm

Telephone

+17176575833

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