TD Bank plans to close 38 branches across its footprint, including four in the Philadelphia region, amid massive penalties tied to U.S. anti-money laundering issues. The bank did not confirm whether the closures are part of recent cost-cutting efforts but stated it regularly evaluates its branch network to optimize service through a mix of physical… Read more »
A 10,000 SF retail building across from the King of Prussia Mall is on the market for $13.29M ($1,329 per SF), one of the highest price-per-SF rates in the region. Set for completion by early summer, the property at 129 S. Gulph Road is pre-leased to Cava and First Watch on 10-year terms, with a… Read more »
Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 1717 South Broad Street, Philadelphia, Pennsylvania 19148. The Philadelphia property is available for lease. The property contains +/- 1,580 square feet, which could be utilized by retail and office users. Features of… Read more »
Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for Spring House Plaza located at 901 North Bethlehem Pike, Springhouse, Pennsylvania 19477. The Springhouse property is available for lease. The property contains +/- 2,875 square feet, which could be utilized by retail… Read more »
Rumble Boxing is closing its Center City location after six years, marking a change for the dynamic Walnut Street retail corridor. The Rittenhouse Square location at 1520 Walnut St. will close on March 2, with the company citing “unforeseen circumstances” in an email to customers. The decision, which was not made lightly, has yet to… Read more »
Two prime Fishtown commercial properties with redevelopment potential have sold for a total of $17.2 million, according to property records. The site of Other Half Brewing Co. at 33-51 Laurel St. was sold for $10 million, while an industrial property at 53-67 Laurel St. fetched $7.2 million. The adjacent properties, located between I-95 and Delaware… Read more »
Fulton Financial Corp. has sold 11 local branches to South Philadelphia’s Hightop Development as part of its ongoing real estate review following last year’s acquisition of Republic First Bancorp. Most of the sold locations were acquired through Fulton’s 2022 purchase of Prudential Bancorp. According to bank spokesman Steve Trapnell, the branches will continue operating as… Read more »
Abrams Realty & Development plans to transform Exton Square Mall by demolishing most of the property and introducing over 600 residential units alongside retail, office, fitness, and entertainment spaces. According to plans submitted to West Whiteland Township, the 178,000-square-foot Boscov’s will remain, while the rest of the mall will be replaced with a 376-unit apartment… Read more »
Federal Realty Investment Trust will reduce a 30,000-square-foot section of Andorra Shopping Center as part of its $30 million redevelopment. The project includes a 50,000-square-foot Giant grocery store replacing the former Acme, which has already been demolished. The new Giant is set to open in spring 2026. This development aims to revitalize the 260,000-square-foot center,… Read more »
A prime Rittenhouse Square property on Walnut Street’s shopping corridor is up for sale as a potential conversion opportunity. Located at 1619 Walnut St., the nearly 35,000-square-foot building recently welcomed New Balance as a ground-floor tenant. However, 59% of the space remains vacant, per marketing materials. Owner Nuveen Real Estate is asking about $10 million,… Read more »
