Two new Sprouts Farmers Markets are opening this month in Philadelphia, expanding the grocer’s regional presence. A 24,000-square-foot store will open at the Roosevelt Mall, 2327 Cottman Ave., in Northeast Philadelphia on June 14. Another store, occupying 25,200 square feet, will open at the Quartermaster Plaza, 2370 Oregon Ave., in South Philadelphia on June 21…. 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 1250 Haddonfield-Berlin Road, Voorhees, NJ 08043. The Voorhees property is available for lease. The property holds +/- 6,640 square feet on +/- .5 acres, that could be utilized by retail users. Features… 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 Route 70 & Union Ave, Cherry Hill, NJ 08002. The Cherry Hill property is available for sale. The property holds 1.79 acres, that could be utilized by land and industrial users. Features of… Read more »
Plans for a mid-rise apartment building on the western edge of Center City have been abandoned, and the property owner is now seeking a retail tenant for the existing single-story building. Following the closure of Rite Aid at 2301 Walnut St. in 2022, Dallas-based Trammell Crow Co. had entered into an agreement to buy the… 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 9-11 Black Horse Pike, Blackwood, NJ 08012. The Blackwood property is available for sale. The property holds +/- 3,387 square feet with 1,693 square feet being the first floor restaurant, that could… Read more »
Chase Bank plans to open a branch in the former Wawa flagship store located at the southeast corner of Broad and Walnut streets in Center City. The prominent site has remained vacant since Wawa decided not to reopen it in 2020 due to ongoing impacts from the Covid-19 pandemic. According to a Chase spokesman, the… Read more »
The pharmacies at several locations are slated to shut down by the month’s end. The closure includes the Rite Aid at 3000 Reed St. in Grays Ferry, which shut its doors on November 2, 2023. Additionally, three more Rite Aid stores in the city are on track to close soon as part of the company’s… Read more »
PREIT successfully emerges from bankruptcy protection for the second time since 2020 and undergoes a transition to private ownership. The Philadelphia-based company confronted over $1 billion in looming debt when it filed for bankruptcy in December. Nonetheless, through a pre-packaged reorganization plan, the debt has been eliminated, accompanied by the establishment of a new ownership… Read more »
Next month, six Family Dollar stores in Philadelphia will shutter their doors. This local closure follows the recent announcement by Dollar Tree, the parent company of Family Dollar, revealing plans to close nearly 1,000 stores, with approximately 600 Family Dollar locations slated for closure in the first half of this year. Michael Atcovitz, vice president… Read more »
Netflix, the renowned streaming platform, is embarking on a novel endeavor to revitalize a vacant Lord & Taylor store, marking one of its initial ventures into physical entertainment venues. This initiative reflects a growing trend of repurposing obsolete department store mall locations across the nation. Headquartered in Los Gatos, California, Netflix intends to convert the… Read more »
