Philly Retail Space

Philly Retail SpaceWolf Commercial Real Estate is a premier Philadelphia commercial real estate broker that represents Philly retail space for lease and sale.

We are experts in the Philadelphia retail space market, with a team of seasoned and knowledgeable real estate advisors ready to help you achieve your real estate goals. At Wolf Commercial Real Estate, we go well beyond simply handling property transactions. As an unparalleled Philadelphia commercial real estate broker, we are a strategic partner whose number-one priority is our client’s long-term growth and success in the Philadelphia retail space market.

Retail businesses looking to buy or lease retail space in Philly can be assured that the professionals at our Philadelphia commercial real estate brokerage firm have the expertise to help you find the Philly retail space that best suits your needs. At Wolf Commercial Real Estate, we make certain that the sale or lease terms for your new Philadelphia retail space work to advance your commercial real estate goals. We’re the Philadelphia commercial real estate broker that is with you from the beginning of the transaction to the end, making the transition to your new retail space in Philly smooth and seamless.

Do You Own Philly Retail Space?

Retail property owners looking to sell or lease retail space in Philadelphia will appreciate the defined marketing strategy that the team at our Philadelphia commercial real estate brokerage firm creates and customizes for each property and sub-market. This process works to effectively and efficiently match buyers and tenants with retail space in Philly.

Retail space in Philadelphia is aggressively priced, and market trends show that the retail business in the region is poised for a massive rebound. For more information, please contact the team at Wolf Commercial Real Estate, a leading Philadelphia commercial real estate brokerage firm.

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Factory Donuts Relaunches in Philadelphia

Factory Donuts Relaunches in Philly

A Bucks County-based donut brand is relaunching under new ownership and with a new concept after being rocked by the Covid-19 pandemic.

Factory Donuts, rebranded as Factory Donuts Coffee’N Chicken, has reopened its flagship store in the Mayfair section of Philadelphia and has plans to add locations throughout Pennsylvania, New Jersey and New York. 

Factory Donuts, founded in 2017 by David and Heather Restituto, was hit hard by the pandemic just six months after announcing in late 2019 that it planned to open five new locations in Doylestown; Turnersville, New Jersey; and three cities in South Florida.

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Lidl and Raising Cane’s to Replace Inolex Factory Area

The century-old industrial plant that sits across the street from John’s Roast Pork in South Philadelphia will be demolished to add another shopping center to an area filled with retail destinations.

The 6.2-acre space at 16 Snyder Ave. is owned by Inolex, which manufacturers ingredients for cosmetic products, but the company transitioned its operations to North Carolina in 2019. Last week, the city issued zoning permits to demolish the factory and construct new retail space, Rising Real-Estate reported.

The 52,000-square-foot shopping center will contain a Lidl, Raising Cane’s, Shake Shack, Chase Bank and an Advance Auto Parts store, the Philadelphia Business Journal reported. An occupant for the sixth unit has not been determined. The center’s parking lot will include 269 spaces.

*Article courtesy of Philly Voice

For more information about Philadelphia retail space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Honeygrow Plans to Open a Dozen New Locations including Philadelphia

Honeygrow opening new stores in 2023

Philadelphia fast-casual chain honeygrow is shooting to open a dozen new locations in 2023, with five planned in this region. 

Honeygrow will open outposts at 2715 N. Meridian Blvd. in Wyomissing, 500 W. Germantown Pike in Plymouth Meeting and 12000 Roosevelt Boulevard in Philadelphia this winter. Hanover, Maryland, will also get a location in early 2023 at 76-48 Arundel Mills Blvd.

Honeygrow is still finalizing leases for six other locations in 2023. Of those leases, two are in the Philadelphia area in Langhorne and Broomall. The other four are located in Maryland in Owings Mills, Columbia, Annapolis and Timonium.

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

15 Retailers Coming Soon to Center City

Philly Retailers Coming to Center City

With the holiday season looming, Philadelphia shoppers flocking to Center City’s retail corridors will see some new store fronts along them. 

Walnut and Chestnut Streets continue to be a hotbed for new retail outposts, with a number of new fashion brands set to take space along the two streets. There’s also a few spots that have opened in the past few weeks that are already generating buzz. 

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

California Burger Chain Targets Philadelphia Market for Expansion

The Habit Philadelphia Opening

The Habit Burger Grill is looking to open more franchise locations in Greater Philadelphia as part of the Southern California chain’s nationwide expansion plan.

The company said it aims to reach multi-unit development agreements with franchisees who have a track record of successfully operating restaurants. 

John Phillips, chief global partnerships officer for the Habit Burger Grill, said in an email that the burger chain hopes to have new restaurants up and running in the next two to three years. The brand does not currently have any new deals lined up in the Philadelphia area but is actively searching for potential real estate sites for future sites.

*Article courtesy of Philadelphia Business Journal 

For more information about Philadelphia retail space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Wawa to Close Two Philadelphia Stores in Center City

Wawa Closing in Center City

Wawa is closing two Center City stores, citing “continued safety and security challenges and business factors.”

The Delaware County-based company will shutter its stores at 12th and Market streets and 19th and Market streets over the next few weeks. The announcement comes a day after the Business Journal reported that Wawa is “seriously considering” taking Philadelphia out of its expansion plans due to increased crime in the city that has resulted in several incidents at its stores. 

In September, several Wawa locations in Center City closed early when groups of young people ransacked convenience stores in the area. The ransacking of a Mayfair store at Roosevelt Boulevard and Tyson Avenue on Sept. 24 was the most recent incident for Wawa, with about 100 young people swarming the store.

The two Market Street stores have reduced their hours of operation and invested in additional security, Wawa said, but the company ultimately decided it wasn’t enough. Wawa said the closures “do not necessarily impact or limit potential for future stores in Philadelphia County.”

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

PrimoHoagies Plans for 500 New Locations in Coming Years

PrimoHoagies Expansion

PrimoHoagies, the popular South Philadelphia-born sandwich chain, plans to open 10 locations in the Albany, New York, region as part of its ongoing expansion. 

Rocky Patel, owner of Philly Bar & Lounge in Latham, roughly eight miles north of Albany, is the franchisee for all of the incoming stores. 

The 30-year-old company is still determining where the shops will go. One or two should open by the second quarter next year. 

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Shopping Center to Bring Shake Shack, Raising Cane’s and Lidl to South Philly

Industrial Turned Shopping Center in South Philly

A South Philadelphia industrial building is slated for demolition to make way for a proposed shopping center. 

Under plans filed with the city, 16 Snyder Ave. will be razed and replaced with six detached structures for retail tenants including Lidl, Shake Shack, Raising Cane’s Chicken Fingers, Advanced Auto Parts and Chase Bank. The industrial building, located just off of I-95, is owned by Inolex Chemical Company, according to property records. The personal care and cosmetics manufacturer holds the zoning permit granted by the Department of Licenses and Inspections last week. 

The company, which was founded in 1876 and is headquartered in Philadelphia, could not be reached for comment. 

One building spanning 31,000 square feet would house the Lidl, documents filed with the zoning permit show. A second building, at about 3,300 square feet, would be a Raising Cane’s and another would be a 3,200-square-foot Shake Shack. An Advanced Auto Parts in the corner of the lot would span about 6,900 square feet, and a Chase Bank would be 3,300 square feet, according to the proposal. Lidl and Raising Cane’s have previously outlined plans for expansion in the Philadelphia area. 

The remaining 4,500-square-foot structure does not currently have a tenant, the plans show.

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Airport Square Shopping Center Acquired by New York Firm

The Airport Square shopping center in Montgomeryville has been sold for $82.5 million, according to a source familiar with the deal, becoming the latest retail property in the area to change hands over the last few months.

The 298,719-square-foot retail center at 801 Bethlehem Pike was bought by a fund advised by Wafra Inc., a New York investment firm. The retail center is 98% occupied and is anchored by T.J. Maxx, Marshalls, Best Buy, Home Goods, HomeSense and Golf Galaxy. Other tenants at Airport Square include Chipotle, Shake Shack, Michaels, Old Navy and the Pour House. 

The seller, according to the source, was an entity affiliated with DWS Real Estate, a global investment firm whose parent company is Deutsche Bank.

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.

Quartermaster Plaza in South Philadelphia sells to New York Joint Venture

The Quartermaster Plaza in South Philadelphia has been sold to a joint venture of two New York firms for $100.1 million as part of a larger portfolio acquisition. 

Property records show DRA Advisors acquired the 456,000-square-foot shopping center from Massapequa, New York-based Cedar Realty Trust. The latter purchased the property in 2014 from Cleveland-based Forest City Ratner Cos. for $92.3 million.

The recent sale is part of 33 grocery-anchored shopping centers DRA Advisors and KPR Centers acquired from Cedar Realty Trust for $879 million. 

Built in 2004, Quartermaster Plaza sits along West Oregon Avenue near Interstate 76. The 24-acre property is anchored by a BJ’s Wholesale Club and Home Depot. Other tenants include Staples, Planet Fitness and PetSmart. Sprouts Farmers Market has signed a lease for a 25,200-square-foot store, according to a marketing brochure from Metro Commercial Real Estate, a brokerage representing the property. Up to 90,000 square feet of additional retail space is also proposed, the brochure shows. 

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space for sale or lease in Philadelphia or about any other Philadelphia properties for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors, and sellers.

Please visit our websites for a full listing of Philadelphia commercial properties for lease or sale through our Philadelphia commercial real estate brokerage firm.