A major retail shift is underway in Northeast Philadelphia. A new tenant may soon fill a long-vacant big-box space. City records show a zoning permit was issued over the weekend for the former Amazon Fresh location at Red Lion Plaza. The property sits along Roosevelt Boulevard, a high-traffic retail corridor. Previously, Amazon halted its physical… Read more »
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… Read more »
Less than five years after acquiring The Court at Cottman, Abrams Realty and Bock Development have listed the fully leased Northeast Philadelphia shopping center for sale following a major redevelopment. The joint venture purchased the former three-story Sears building in 2020 for $28.8 million and invested $24 million to transform the vacant space. The 224,000-square-foot… Read more »
