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 »
Red Lion Plaza, a roughly 240,000-square-foot shopping center at Red Lion Road and Roosevelt Boulevard in Northeast Philadelphia, has been sold for $56.45 million. Finmarc Management Inc. and KPR sold the center. The buyer was affiliated with the Propp family from New York. The center at 9950 Roosevelt Blvd. was 97% occupied at the time… Read more »
An application by Amazon Retail LLC for a Pennsylvania liquor license to be used at a space at Red Lion Plaza in Northeast Philadelphia points to a new Amazon Fresh grocery store opening in the retail center. In addition, a leasing brochure marketing vacant spaces in the center shows that a 43,825-square-foot store once occupied… Read more »
