Insomnia Cookies Unveils Flagship Store and Headquarters in Center City

Insomnia Cookies Unveils Flagship Store and Headquarters in Center City.

Insomnia Cookies is set to unveil its largest flagship store in Center City this weekend, captivating visitors with a Willy Wonka-inspired experience at Broad and Chestnut streets. The store, located on the first floor of the new three-story headquarters, offers a range of baked delights, customizable toppings, and a vibrant ambiance. Noteworthy features include a seating area facing a wall of LED lights paying homage to Insomnia’s Philly roots, and a merchandise section with “Philadoughphia” apparel. With over 270 U.S. locations and expansion into Canada and the UK, Insomnia Cookies continues its rapid growth.

*Article courtesy Philly Voice

For more information about Philadelphia retail space 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 commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Prominent Mixed-Use Space For Lease

1719 Chestnut Street, Philadelphia, Pennsylvania

Wolf Commercial Real Estate has been appointed as the leasing agent to market 1719 Chestnut Street, Philadelphia, Pennsylvania. The property has +/- 3,300 sqaure feet available for lease.

1719 Chestnut Street is ideal for retail or office users. The property has an open floor layout with three private offices, a conference room, and elevator access. In additon, there are floor to ceiling windows at the front of the space and high ceilings through out.

The property is easily accessible to PATCO station at 16th & Locust situated near various prominent retailers, resturants, and hotels.

For more information and to schedule a tour, please contact WCRE’s John Mazurie, Senior Advisor, at (856) 857 6386 or john.mazurie@wolfcre.com.

WCRE is a full-service commercial real estate brokerage and advisory firm specializing in office, retail, medical, industrial and investment properties in Southern New Jersey and the Philadelphia region. We provide a complete range of real estate services to commercial property owners, companies, banks, commercial loan servicers, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, WCRE is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long-term growth and success. For more information, visit our website.

Nike’s Jordan World of Flight Store is Landing in Philadelphia

Nike's Jordan World of Flight store is landing in Philadelphia

Nike Inc. is set to open a Michael Jordan-branded store, Jordan World of Flight, at 1617 Walnut St. in Rittenhouse Square, Philadelphia. Spanning 7,000 square feet, this retail concept debuted in Milan in December 2022, aiming to be the future destination for celebrating the legacy and future of basketball culture.

*Article courtesy Philadelphia Business Journal

For more information about Philadelphia retail space 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 commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Bonner’s Irish Pub Building in Center City: $6M Listing, Seeks Development Partner

Bonner's Irish Pub building in Center City lists for $6M, owner seeks development partner

The building housing Bonner’s Irish Pub, a beloved landmark in the Center City West area for over 30 years, is now on the market. Located at 116, 118, and 120 S. 23rd St. and 2306 Sansom St., this 124-year-old structure spans 6,185 square feet across two and three stories in different sections, according to owner Daniel Bonner. The property is listed for $6 million. Daniel Bonner has decided to sell the property with hopes of finding a redevelopment partner. The lot’s zoning permits up to five stories by-right, but developers may seek approval for taller structures depending on the proposed use.

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space 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 commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

White Dog Cafe Owner to Launch New Concept in Former Bertucci’s Space on the Main Line

White Dog Cafe owner will open new concept in former Main Line Bertucci's space

Fearless Restaurants, renowned for its beloved White Dog Cafe establishments, is set to expand its repertoire with a new casual Italian-American concept. The second location of this venture, currently under development in Glen Mills, will find its home on the Main Line. Occupying the former space of a Bertucci’s restaurant at 523 W. Lancaster Ave. in Wayne, the new Testa Rossa promises to bring a fresh dining experience to the area. While an official opening date has yet to be announced, anticipation is building for this exciting addition to the culinary scene.

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space 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 commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Neshaminy Mall with Vacant Spaces Hits the Market, Posing Redevelopment Potential

Half-empty Neshaminy Mall comes up for sale, offers redevelopment opportunity

The Neshaminy Mall, with Vacancies, Hits the Market Amidst Declining Mall Values and Growing Interest in Redevelopment Opportunities. The Neshaminy Mall, a sprawling 1 million-square-foot property owned by Brookfield Properties, has been listed for sale, signaling a pivotal moment for malls grappling with decreasing foot traffic and changing consumer preferences. Industry insiders suggest the property could fetch around $25 million. Situated at a prominent location in Bucks County, near the intersection of I-276 and Route 1, the mall currently operates at approximately 50% occupancy. Spanning 91 acres in Bensalem, the site presents significant redevelopment potential, mirroring a trend seen among mall owners nationwide who seek to revitalize aging retail centers.

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space 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 commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Twin Peaks Secures Franchise Deal for 10 Locations in Greater Philadelphia

Twin Peaks, the Lodge-Style Sports Bar Chain, Secures Franchise Deal for 10 Locations in Greater Philadelphia

Twin Peaks Restaurant has recently entered into an area development agreement with local entrepreneur Joe Nolan, marking its foray into the Philadelphia market. The agreement outlines plans to open 10 restaurants in the region over the coming years, although specific details about signed leases were not disclosed, as announced by Twin Peaks on Monday.

Renowned for its lodge-style ambiance, draft beers served at 29 degrees in frosted 22-ounce mugs, and its distinctive female waitstaff known as Twin Peaks Girls, the Dallas-based chain has a predominant presence in the South and Midwest. The closest existing Twin Peaks Restaurant to Philadelphia is currently situated in Pittsburgh.

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space 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 commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

French Bakery Plans to Enter Philly Market

La Madeleine, a french bakery, looking in Philly to expand

A French bakery and café chain is actively seeking franchisees to spearhead its expansion into Greater Philadelphia. La Madeleine has pinpointed 25 trade areas across downtown Philadelphia and its suburbs, identifying opportunities for at least one location in each area. While no deals are currently in progress, the chain aims to establish an initial 25 restaurants within the next three to five years, as stated by Mark Ramage, the brand’s Senior Director of Franchise Development. Ramage expressed confidence in exceeding this target, considering it a robust number for this fast-casual concept.

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space 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 commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Famous 4th Street Deli Sold to Connecticut Group

Famous 4th Street Deli Sold

The historic Famous 4th Street Delicatessen in Queen Village, which has stood for a century, is now under the ownership of the Locals 8 Hospitality Group based in Connecticut. The acquisition of this cherished Philadelphia establishment, along with its 7,263-square-foot building at 700 S. 4th St., was finalized on Jan. 8, as confirmed by founder and CEO Al Gamble in an interview with the Business Journal on Friday. However, Gamble opted not to disclose the specific purchase price.

Established in 1923 at the corner of 4th and Bainbridge streets, Famous 4th Street Deli is renowned for its generous portions of corned beef and pastrami sandwiches. Beyond its culinary offerings, the deli has earned a reputation as a gathering place for Philadelphia politicians on Election Day. Notably, the Jewish deli has left its mark on the big screen, appearing in films like the 1993 drama “Philadelphia” and the 2005 romance “In Her Shoes.” Additionally, it has been featured on Food Network’s “The Rachel Ray Show.”

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space 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 commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Philly Retail is Looking Upward Despite Remaining Challenges

2023 in Review: Philadelphia retail on the upswing, but challenges remain

Following the resurgence of leasing activities and pedestrian flow in Center City after the Covid-19 pandemic’s impact in 2022, this positive trend continued to propel retailers in Philadelphia throughout the past year.

As of September, retail occupancy in the Center City District stood at 84.5%, steadily regaining ground toward the pre-pandemic 89% mark observed in 2019. By October, daily foot traffic within the core of Center City—spanning from Pine to Vine streets between the Delaware River and the Schuylkill—reached 82% of the levels seen in 2019.

Simultaneously, comparisons with 2019 figures for pedestrian levels on weekday evenings (87%) and weekends (95%) indicate a downtown rebound as a bustling hub for retail, dining, and entertainment, according to the Center City District’s report.

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space 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 commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.