Insomnia Cookies bringing HQ, ‘store of the future’ to prime Center City location

Insomnia Cookies Philly

Insomnia Cookies is taking over a three-story, marquee space at Broad and Chestnut streets that previously housed a Walgreens “superstore” for several years. 

The roughly 26,000-square-foot space at One South Broad St. will serve as the new headquarters for Insomnia Cookies, which was based in Newtown Square for the last five years, The Center City location will also house what the retail chain describes as a “store of the future,” and about 80 employees will work out of the corporate offices

*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.

Puttshack To Open First Philadelphia Location in Center City

Puttshack opened its first two U.S. locations in Atlanta and Chicago in 2021, joining its four locations in London. New locations in the United States will open this summer in Boston and Miami, followed by Denver, Houston, Pittsburgh, Scottsdale, St. Louis, Dallas, Nashville and its second Atlanta location in 2023.

Its Center City location is set to include four tech-driven mini golf courses powered by its patented Trackball technology that keeps score and a “globally inspired” dining menu and cocktail program, Puttshack said in a release. The venue will also have multiple semi- and fully private event spaces for parties and include full-service bars.

“Philadelphia’s bustling Center City blends historic sites with skyscrapers and premier destinations, making it a perfect choice for Puttshack,” Dave Diamond, president of Puttshack, said in the release. “We can’t wait to bring our tech-infused mini golf experience to Philadelphia and be a part of such a historic and bustling neighborhood of the city.”

*Article courtesy of Costar

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.

Why Citizens Bank has been so aggressive in relocating branches in Philadelphia and beyond

Since the start of 2020, Citizens has relocated 26 branches across its footprint, including five in the Philadelphia region. It has applied for a total of 42, including seven more in this region.

*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.

Topgolf readies to open Northeast Philadelphia location, turns sights to King of Prussia

The first Topgolf venue in the city is set to open Friday on Roosevelt Boulevard in Northeast Philadelphia. 

Topgolf locations feature an interactive driving range with climate-controlled bays, a full food and bar menu, live music and event space. In Philadelphia, the three-level venue has 102 hitting bays that can be reserved up to seven days in advance or accessible via walk-in. It sits on 27 acres of land at the former site of a Nabisco and Mondelēz International factory at 12000 Roosevelt Blvd. 

*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.

Indoor mini golf venue takes 26,000 square feet at the Shops at Liberty Place

Puttshack, an indoor miniature golf experiential retailer, has leased 26,000 square feet at the Shops at Liberty Place, filling a block-long stretch of vacant space in Center City. 

The space at 1625 Chestnut St. will include four mini golf courses, two full-service bars and a full dining menu. Expected to open in 2023, it will provide a destination that has the potential to bridge the gap between Center City’s residential and office markets. Puttshack will also provide an entertainment venue for tourists and draw visitors from across the region.

*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.

Developer buys historic property with plans for mixed-use complex

A developer has purchased an historic building at 6th Street and Girard Avenue in Philadelphia for $1.5 million and plans to develop what was originally known as Farmers’ Market House & Hall into a mixed-use complex. 

The sale of the prominent property at 527-37 Girard Ave. took more than two years to get done — twice as long as expected — because of the Covid-19 pandemic and the building’s nomination to be on the Philadelphia Register of Historic Places, a designation that added a level of unexpected complexity. 

*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.

Amazon Fresh supermarket to open in Delaware County amid ongoing expansion

Amazon Fresh

An Amazon Fresh grocery store, the burgeoning supermarket concept from the e-commerce giant, is expected to open in the near future at a shopping center in Delaware County.

Signage for the grocery store went up this week at the Broomall Commons Shopping Center, 2940 Springfield Rd., next to the Planet Fitness and PetSmart stores.

*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.

Bucks County’s Shops at Valley Square sells for $60M

Lamar Cos., a New Jersey real estate company, has paid a bargain price of $60 million to buy the Shops at Valley Square, a 293,550-square-foot mixed-use lifestyle center in Warrington that is 70% occupied. 

The last time the property traded was in 2016 when a partnership involving Poag Shopping Centers of Memphis, Tennessee, and a real estate fund overseen by Ares Management of Los Angeles, paid $82 million. 

*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 considering adding stores with gas pumps closer to Center City

Wawa is “still active in the city,” CEO Chris Gheysens said, despite some high-profile Philadelphia store closures during the pandemic that included the landmark location at Broad and Walnut streets and the outpost at 9th and South streets. 

“We have closed some stores and I think it’s a reflection of, in some cases, bad site location. Others [it’s] just the business, the environment there wasn’t for us,” Gheysens said. “It has, to be clear, gotten more challenging to operate a business in the city. That’s no surprise.”

Plans also recently fell through for a Super Wawa proposed at 1401 S. Columbus Blvd. as part of developer Bart Blatstein’s large-scale redevelopment along the Delaware River waterfront. 

*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.

Wharton Realty Group buys two Philadelphia-area retail centers in separate deals totaling roughly $140M

Wharton Realty Group has made two retail acquisitions, buying Deptford Landing, a power center in Deptford, New Jersey, and Exeter Commons, a grocery-anchored center in Reading, in separate transactions that settled at roughly $70 million each. 

The two retail centers were sold by ShopCore Properties, which is a division of Blackstone Group. They properties add to Eatontown, New Jersey-based Wharton’s growing Philadelphia-area holdings, including Glenolden Plaza and One & Olney Square. 

*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.