The former Bankroll space in Rittenhouse Square, previously a $25 million sports and entertainment venue and restaurant that closed within a few months earlier this year, is now available for lease. Located along Chestnut Street, the property has been listed by Philadelphia-based MSC in an effort to fill this vacant area. Jacob Cooper, partner and… Read more »
Eyes Gallery has sold its original home to neighboring Jim’s Steaks, another iconic South Street establishment. Both small businesses were devastated by a July 2022 fire that originated in electrical wiring at Jim’s. The cheesesteak spot, which recently shared plans for rebuilding, will expand into the former gallery next door, according to Eyes Gallery owner Julia Zagar… Read more »
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… Read more »
A Bucks County franchisee is eyeing the Philadelphia region for its ambitious growth plans, with intentions to open 30 new Qdoba locations in the area. The Integritty Group is opening its 31st Qdoba location in Bensalem off of Route 1 on July 25. That will kick off plans to open a total of 60 more… Read more »
A retail property that was known for six decades as the Cheltenham Square Mall and later redeveloped into Greenleaf at Cheltenham has sold for $69.5 million. Paramount Realty of Lakewood, New Jersey, bought the 400,851-square-foot center at 2385 Cheltenham Ave., adding to the real estate company’s growing portfolio of retail properties in the Philadelphia area…. Read more »
Barcade is taking to Center City to open its second Philadelphia outpost, which the New York-based company aims to debut by early 2023. The hybrid bar-and-arcade concept is headed to the historic three-story Hale Building at 1326 Chestnut St., which dates back to the late 19th century and was built by esteemed architect W.G. Hale,… Read more »
Eagle Plaza and Upland Square, two shopping centers at opposite ends of the Philadelphia region, have sold for a combined $114.7 million, continuing a trend of investors gravitating toward grocery-anchored retail properties. A Singaporean real estate firm invests in grocery-anchored retail, paid $85.7 million for Upland Square, a 400,674-square-foot center at 180 Upland Square Drive… Read more »
Giant’s expansion in Philadelphia will continue in June with the opening of a new grocery store at the busy corner of Broad and Spring Garden streets. The 50,700-square-foot market will open its doors on June 24 at 501 N. Broad St., the Carlisle-based company announced on Friday. The supermarket is an anchor tenant for developer Alterra… Read more »
Barstool Sports officially opened its new bar in Center City on Friday morning, launching in the midst of March Madness. The 1213 Sansom St. concept was brought to life alongside Wyomissing casino operator Penn National Gaming (NASDAQ: PENN), which holds a 36% stake in the digital media company. The Philadelphia sports bar takes up the… Read more »
A Dallas-based leisure and entertainment business operator is bringing an expansive golf concept to the rapidly developing area along the border of Philadelphia’s Fishtown and Olde Kensington neighborhoods. Drive Shack Inc. (NYSE: DS), whose portfolio consists of entertainment concepts American Golf, Drive Shack and Puttery, is planning a 20,000-square-foot venue at 1400 N. Howard St.,… Read more »
