Big-box retail growth has hit a pause in the Philadelphia metro area this year, as national retailers scale back expansion plans in response to economic pressures and shifting consumer habits.
So far in 2025, just one lease over 50,000 square feet has been executed in the region. That transaction came in March, when Giant committed to a 60,000-square-foot space at Sadsbury Commons — a 360,000-square-foot retail development underway in Parkesburg, PA. The grocer will join Target, which secured a 111,000-square-foot lease at the center in 2024 through a deal with The Provco Group.
While fitness brands and entertainment concepts like Club Studio Fitness, Apple Cinemas, and Parky’s drove big-box leasing activity last year, demand from these sectors has notably tapered off, mirroring a broader national trend of cautious expansion and store closures.
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