Phoenixville Shopping Center Sells for $7.35M

Fully Leased Phoenixville Shopping Center Trades for $7.35M

A fully occupied shopping center in Phoenixville has sold for $7.35 million, according to Chester County property records. The 33,093-square-foot retail property is located at 785 Starr Street.

The center features a diverse tenant mix, including Labcorp, NovaCare Rehabilitation, State Farm, and Benchmark Federal Credit Union. Additional tenants include Habitat for Humanity and Fresenius Kidney Care.

Starr Street Partners, a Pennsylvania-based private investor, sold the property to 785 Starr Street LLC. The buyer is associated with a residential address in Glen Mills.

Built in 2007, the shopping center sits on approximately 3.8 acres. Importantly, the property is located less than one mile from Phoenixville Hospital and downtown Phoenixville.

Additionally, the center benefits from a strong retail setting. The property is shadow-anchored by a nearby Acme supermarket. While Acme was not included in the sale, surrounding tenants benefit from grocery-driven traffic.

*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 (WCRE), is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage, advisory and property management firm that specializes in healthcare, office, retail, land, industrial, and investment properties. For more information about New York health care, industrial, retail, office, land or other commercial properties, please call 856-857-6300 or send an email to info@wolfcre.com.

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

Girard Avenue Shopping Center Sells for $10.95M

Abrams Realty buys mostly empty Philadelphia shopping center for $10.95M

A largely vacant shopping center along Girard Avenue in Philadelphia has been sold for $10.95 million. The property contains approximately 42,000 square feet of retail space.

The property at 901 W. Girard Avenue was sold by Soloff Realty & Development Inc. The buyer was Elkins Park-based Abrams Realty & Development. Retail use is expected to be maintained at the 2.4-acre site.

The sale price equates to roughly $260 per square foot. Current tenants include AutoZone Auto Parts, The Laundry Café, and 9th and Girard Pharmacy.

The north portion of the site includes a former Bottom Dollar grocery space. The 18,000-square-foot building has remained vacant since 2015.

Abrams Realty & Development focuses primarily on retail properties in the Philadelphia region. Its portfolio exceeds 3 million square feet and includes 20 shopping centers.

The shopping center was developed in 2014 by Soloff Realty & Development and Tower Investments. The project originally featured Bottom Dollar as an anchor tenant. The store was promoted as the Ludlow neighborhood’s first grocery option.

*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 (WCRE), is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage, advisory and property management firm that specializes in healthcare, office, retail, land, industrial, and investment properties. For more information about New York health care, industrial, retail, office, land or other commercial properties, please call 856-857-6300 or send an email to info@wolfcre.com.

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

Honeygrow is Focusing on Growth Outside Philly

Honeygrow plans more than a dozen new restaurants in 2026

Future growth for Honeygrow is being focused outside the Greater Philadelphia region. Expansion plans are targeting the Northeast, Southeast, and Midwest markets.

More than a dozen new restaurant locations are planned for 2026. Growth within the company’s hometown has not been ruled out entirely.

Caution is being exercised regarding additional Philadelphia-area locations. Concerns include potential sales cannibalization among existing restaurants. High rental costs have also influenced site selection decisions.

*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 (WCRE), is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage, advisory and property management firm that specializes in healthcare, office, retail, land, industrial, and investment properties. For more information about New York health care, industrial, retail, office, land or other commercial properties, please call 856-857-6300 or send an email to info@wolfcre.com.

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

Rally House Plans Rittenhouse Square Store

Rally House plans Center City store in former Rite Aid space

Rally House is planning its first Center City retail location at 17th and Chestnut streets. A filing has been submitted with the City of Philadelphia outlining the proposed store.

An application was submitted to the Philadelphia Art Commission on December 8. Approval is being sought for exterior signage at 1628–36 Chestnut Street. The signage would be installed on the historic Provident Trust Co. building.

The approximately 13,000-square-foot retail space is located across from the Shops at Liberty Place. The space was previously occupied by Rite Aid. The application is scheduled for review by the Art Commission’s Sign and Streetery Committee.

The review is expected to take place at Wednesday’s committee meeting.

*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 (WCRE), is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage, advisory and property management firm that specializes in healthcare, office, retail, land, industrial, and investment properties. For more information about New York health care, industrial, retail, office, land or other commercial properties, please call 856-857-6300 or send an email to info@wolfcre.com.

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

Franklin Mills Mall For Sale

Franklin Mills Mall For Sale

Franklin Mall in Northeast Philadelphia is on the market. Many still call it Franklin Mills, but the property has faced years of falling value and shrinking visitor numbers.

The listing highlights potential new uses for the site. These include industrial and office redevelopment. However, the Sam’s Club and Walmart parcels are excluded.

According to the listing, the property offers control of more than 137 acres in a densely populated area. It also notes that the site could support new densification and large-scale redevelopment.

*Article courtesy of The Inquirer

For more information about Philadelphia retail space for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate (WCRE), is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage, advisory and property management firm that specializes in healthcare, office, retail, land, industrial, and investment properties. For more information about New York health care, industrial, retail, office, land or other commercial properties, please call 856-857-6300 or send an email to info@wolfcre.com.

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

Northeast Philly Shopping Center Bought for $30.8M

Jeff Brown and family pay $30.8M for ShopRite-anchored center in Northeast Philadelphia

An affiliate of Brown Real Estate has purchased a Northeast Philadelphia shopping center for $30.8 million. The site is anchored by a ShopRite supermarket.

This ShopRite is one of 12 locations run by Brown’s Super Stores. With the acquisition of the Shoppes at Wissinoming, the Brown family now owns both the store and the 98,000-square-foot center. They also own real estate for their Cheltenham and Roxborough stores.

Moreover, the sale reached $314 per square foot, far above this year’s regional average of $220 for grocery-anchored centers.

The shopping center is located at 5597 Tulip St. near Harbison Avenue. Arctrust developed the property in 2018.

It remains 98% occupied by original tenants such as Super Wawa, Popeyes, and AT&T.

*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 (WCRE), is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage, advisory and property management firm that specializes in healthcare, office, retail, land, industrial, and investment properties. For more information about New York health care, industrial, retail, office, land or other commercial properties, please call 856-857-6300 or send an email to info@wolfcre.com.

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

Center City Welcomes 27 New Stores

Center City to welcome 27 new stores as rising foot traffic boosts retail

Center City’s retail corridors continue to shift as new businesses arrive and pedestrian activity rebounds. The Center City District 2025 Retail Report highlights 130 new openings over the past year. These businesses span dining, retail and service uses from Vine Street to South Street.

The openings arrive as downtown foot traffic improves. Core Center City, defined as the area between Vine and Pine streets from river to river, averaged 343,540 pedestrians per day. This figure represents a 3.4% increase year over year.

Rittenhouse Row led all corridors with a 9% gain in average pedestrian volume. Additionally, Midtown Village posted a 7% increase. West Market followed with a 4% rise as more employees returned to nearby offices. Even Market East, long challenged, recorded a 1% uptick in daily activity. The findings reflect Placer.ai data analyzed by Center City District.

Storefront occupancy reached 84% in 2025, up 1% from last year. However, performance varied along several key streets. Market Street reached only 68% occupancy, including 72% east of Broad Street and 62% west of Broad. Chestnut Street posted a 79% rate, with stronger occupancy west of Broad. Walnut Street led the group with an 86% occupancy rate.

*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 (WCRE), is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage, advisory and property management firm that specializes in healthcare, office, retail, land, industrial, and investment properties. For more information about New York health care, industrial, retail, office, land or other commercial properties, please call 856-857-6300 or send an email to info@wolfcre.com.

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

Saks to Close Two Philly Locations

Saks Off 5th to close 2 Philadelphia-area stores

Saks Off 5th is preparing to shutter its stores at the Franklin Mall in Northeast Philadelphia and the Metroplex Mall in Plymouth Meeting, reflecting a broader round of closures affecting major metropolitan markets.

The two off-price outlets are among nine locations the retailer plans to close from its roughly 80-store portfolio. The decision follows an internal review aimed at concentrating resources on stronger-performing and higher-growth markets, according to a report by Women’s Wear Daily.

A representative for parent company Saks Global confirmed the closures, expected to take effect in January, describing them as part of a broader strategy to “optimize our Saks Off 5th footprint by enhancing performance and improving the overall customer experience.”

*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 (WCRE), is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage, advisory and property management firm that specializes in healthcare, office, retail, land, industrial, and investment properties. For more information about New York health care, industrial, retail, office, land or other commercial properties, please call 856-857-6300 or send an email to info@wolfcre.com.

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

Quarry Center Changes Hands in $80M Retail Deal

Quarry Center Changes Hands in $80M Retail Deal

A major retail property in Havertown, Delaware County has changed hands in one of the region’s largest suburban shopping center sales this year.

The 222,500-square-foot Quarry Center has been sold by Eureka Ventures to Ohio-based Mid-America Management Corp. The transaction completed roughly four months after the property hit the market.

Mid-America Management, a Cleveland-based firm with a $1B portfolio, expands its East Coast presence with Quarry Center.

Built in 2013, the fully leased 31-acre property at 116 Township Line Road is co-anchored by Giant and Lowe’s. Together accounts for approximately 77% of the center’s income. Other national tenants include Xfinity, Panera Bread, and Chipotle.

*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 (WCRE), is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage, advisory and property management firm that specializes in healthcare, office, retail, land, industrial, and investment properties. For more information about New York health care, industrial, retail, office, land or other commercial properties, please call 856-857-6300 or send an email to info@wolfcre.com.

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

Former Macy’s Wing at Plymouth Meeting Mall Sells for $14.3M

Former Macy’s Wing at Plymouth Meeting Mall Sells for $14.3M

A portion of the Plymouth Meeting Mall fronting Germantown Pike—formerly home to Macy’s—has been sold for $14.3 million to 500 Germantown Partners LLC & ET A, an entity tied to Goodman Properties of Jenkintown. The transaction closed on September 2nd.

While PREIT remains the main landowner of the overall mall property, this section was privately owned since 1988 by entities now known as Bayview Associates & Esan, LLC.

The property underwent a major redevelopment between 2017 and 2019 after Macy’s closure and now features a strong retail mix including Dick’s Sporting Goods, Burlington, Miller’s Ale House, Edge Fitness, Michaels, and Ideal Image, with one remaining vacancy in the former Real Fruit space.

*Article courtesy of More Than The Curve

For more information about Philadelphia retail space for sale or lease, please contact WCRE at 215-799-6900.

Wolf Commercial Real Estate (WCRE), is a leading New Jersey, Pennsylvania, and New York commercial real estate brokerage, advisory and property management firm that specializes in healthcare, office, retail, land, industrial, and investment properties. For more information about New York health care, industrial, retail, office, land or other commercial properties, please call 856-857-6300 or send an email to info@wolfcre.com.

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