More than half of all Bryn Mawr Bank Corp. branches will close after it merges into WSFS Financial Corp. Wilmington-based WSFS (NASDAQ: WSFS) identified the 34 locations in a recent regulatory filing, including 22 of 41 branches from Bryn Mawr subsidiary Bryn Mawr Tust and 12 of the 89 WSFS Bank locations. The shuttered branches… Read more »
Wells Fargo & Co. will close 24 more branches, including locations in Montgomery and Delaware counties, as part of its broader plan to cut billions of dollars in costs to keep pace with its rivals. The impacted branches include its location in front of the King of Prussia Mall at 694 W. Dekalb Pike and… Read more »
PHILADELPHIA — Locally based multifamily developer Post Brothers is underway on construction of Piazza Terminal, a three-building, 1,144-unit multifamily project in the Northern Liberties neighborhood of Philadelphia. The transit-oriented development, which is slated for completion in December 2022, will also include retail and open green space. Piazza Terminal will offer amenities such as a fitness… Read more »
Amazon’s plans to open grocery stores in the Philadelphia region have been rumored for nearly a year, and the tech giant has now confirmed at least one of those locations will be in Warrington Township, Bucks County. The company revealed this week that it will open its first grocery stores on the East Coast in the near future,… Read more »
The development of a new Topgolf in Northeast Philadelphia is expected to begin April 19 and another facility in King of Prussia is anticipated to get underway this summer. The Topgolf in Northeast Philadelphia will be constructed on 27 acres at the former Nabisco and Mondelēz International factory at 12000 Roosevelt Blvd. The King of… Read more »
Giant Co. opened its new $27 million, 65,000-square-foot flagship store at Riverwalk, a newly developed apartment complex fronting the Schuylkill River on North 23rd Street in Center City to a crowd of eager and curious shoppers. For Giant Co., a Carlisle-based company, the two-story location is the culmination of exploring other respected grocers to gather… Read more »
An international real estate investment firm that’s based in Cyprus and trades on the Tel Aviv Stock Exchange, is ramping up its Philadelphia-area presence and is poised to buy six grocery-anchored shopping centers for an estimated $115 million, according to sources familiar with the transaction. The company has under agreement properties put up for sale last… Read more »
Grocery Outlet Bargain Market has opened in East Norriton, becoming the newest supermarket to enter the Philadelphia area and adds to the growing competition throughout the region. The Emeryville, California, chain, which is part of Grocery Outlet Holding Corp., joins other discount grocers that have expanded in the region including Lidl and Aldi in addition… Read more »
JPMorgan Chase & Co. opened its 34th local branch in Newtown Square on Tuesday and has three more planned for later in the month. That will bring the New York banking giant to 37 Philadelphia-area locations as it nears the halfway point of a five-year plan to open 50 sites in the region. The bank… Read more »
Wolf Commercial Real Estate, a Philly commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, now has available Philly retail space for lease at 925-927 South Ninth Street Philadelphia PA. This well-located Philly retail space has 2,388 square feet available at 925-927 South Ninth Street Philadelphia PA. This Philly… Read more »
