Santander Bank to Close More Branches

Santander Bank Closing More Branches

Santander Bank has filed to close 13 branches in Pennsylvania and New Jersey, including five in the immediate Philadelphia region and five more on the outskirts.

According to the Office of the Comptroller of the Currency, the Boston-based subsidiary of Spain’s Santander Group (NYSE: SAN) has filed to close the following locations:

  • 5022-24 City Ave. in the Wynnefield section of Philadelphia;
  • 1501 E. Erie Ave. in North Philadelphia;
  • 6500-06 Woodland Ave. in Southwest Philadelphia;
  • 144 Lancaster Ave. in Devon;
  • 100 Berlin Road in Clementon, New Jersey.

Santander is also closing sites in Princeton, Robbinsville and Hamilton Township in Mercer County, New Jersey, plus branches in Quarryville and Lititz in Lancaster County, and individual locations in Cumberland, York and Schuylkill counties.

*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.

Sports Bar in Center City Takes Over Closed Sugar Factory

Sports Bar Philadlephia

Less than a year after opening, Sugar Factory Philadelphia has shuttered its doors, and a Hoboken, New Jersey, restaurant and sports bar is preparing to open in its place. 

Wicked Wolf officially took over the 6,700-square-foot space at 1214-1216 Chestnut St. in October and has worked on a tight timeline to bring its concept to the public in time for the Army-Navy game this weekend and a grand opening on Dec. 15. It’s a quick turnaround for the Center City restaurant and bar, but the work done was primarily cosmetic, changing the decor from Sugar Factory’s standard white and gold to Wicked Wolf’s self-described “pub-by-day, sports party bar at night” feel.

Upon opening, Wicked Wolf Philadelphia will feature four bars across its first floor and second-floor mezzanine, more than 28 TVs, a 16-square-foot LED digital screen and a sound system that can play up to four games at one time. It will contain more than 300 hightop, dining table and booth-style seats and employ an estimated 60 people.

*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 is PA’s Largest Private Company

Wawa Closing in Center City

Wawa increased revenue 36% last year to reclaim a spot among the 25 largest private companies in the U.S., according to Forbes.

The Delaware County-based convenience store chain lands at No. 24 on Forbes’ 2022 list of America’s Largest Private Companies, maintaining its standing as the top-ranked private company in Pennsylvania. It had slipped to No. 29 in the 2021 rankings.

Wawa hauled in $14.93 billion in its most recent fiscal year, according to Forbes, up from $11 billion the prior year. It is one of four Pennsylvania firms in the top 100 on this year’s list and the only one headquartered in the Philadelphia area.

*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.

P.J. Whelihan’s Opens New Restaurant in PA

PJ Whelihan's opens new bar restaurant in PA

A South Jersey-based restaurant chain has opened its 21st outlet — and is working on No. 22.

P.J. Whelihan’s is growing in Pennsylvania, where the business has 16 eateries and two ballpark locations.

Whelihan’s opened an 8,000-square-foot, 50-TV pub and sports bar in Broomall, Delaware County, on Nov. 28.

Another is underway in Doylestown, Bucks County. It’s expected to open in winter 2023.

*Article courtesy of Courier Post 

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.

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.