Posts Tagged: Retail

Sprouts Farmers Market is Coming to Philly

Sprouts Farmers Market is Coming to Philly

Two new Sprouts Farmers Markets are opening this month in Philadelphia, expanding the grocer’s regional presence. A 24,000-square-foot store will open at the Roosevelt Mall, 2327 Cottman Ave., in Northeast Philadelphia on June 14. Another store, occupying 25,200 square feet, will open at the Quartermaster Plaza, 2370 Oregon Ave., in South Philadelphia on June 21…. Read more »

Former Auto Body/car Wash Available for Lease

Former auto body/car wash available for lease

Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 1250 Haddonfield-Berlin Road, Voorhees, NJ 08043. The Voorhees property is available for lease. The property holds +/- 6,640 square feet on +/- .5 acres, that could be utilized by retail users. Features… Read more »

Prominent Cherry Hill Development Opportunity

Prominent Cherry Hill Development Opportunity

Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for Route 70 & Union Ave, Cherry Hill, NJ 08002. The Cherry Hill property is available for sale. The property holds 1.79 acres, that could be utilized by land and industrial users. Features of… Read more »

Center City Apartment Project Scrapped, Seeking Retail Tenant

Center City Apartment Project Scrapped, Seeking Retail Tenant

Plans for a mid-rise apartment building on the western edge of Center City have been abandoned, and the property owner is now seeking a retail tenant for the existing single-story building. Following the closure of Rite Aid at 2301 Walnut St. in 2022, Dallas-based Trammell Crow Co. had entered into an agreement to buy the… Read more »

Insomnia Cookies Unveils Flagship Store and Headquarters in Center City

Insomnia Cookies Unveils Flagship Store and Headquarters in Center City.

Insomnia Cookies is set to unveil its largest flagship store in Center City this weekend, captivating visitors with a Willy Wonka-inspired experience at Broad and Chestnut streets. The store, located on the first floor of the new three-story headquarters, offers a range of baked delights, customizable toppings, and a vibrant ambiance. Noteworthy features include a… Read more »

Prominent Mixed-Use Space For Lease

1719 Chestnut Street, Philadelphia, Pennsylvania

Wolf Commercial Real Estate has been appointed as the leasing agent to market 1719 Chestnut Street, Philadelphia, Pennsylvania. The property has +/- 3,300 sqaure feet available for lease. 1719 Chestnut Street is ideal for retail or office users. The property has an open floor layout with three private offices, a conference room, and elevator access…. Read more »

Neshaminy Mall with Vacant Spaces Hits the Market, Posing Redevelopment Potential

Half-empty Neshaminy Mall comes up for sale, offers redevelopment opportunity

The Neshaminy Mall, with Vacancies, Hits the Market Amidst Declining Mall Values and Growing Interest in Redevelopment Opportunities. The Neshaminy Mall, a sprawling 1 million-square-foot property owned by Brookfield Properties, has been listed for sale, signaling a pivotal moment for malls grappling with decreasing foot traffic and changing consumer preferences. Industry insiders suggest the property… Read more »

Philly Retail is Looking Upward Despite Remaining Challenges

2023 in Review: Philadelphia retail on the upswing, but challenges remain

Following the resurgence of leasing activities and pedestrian flow in Center City after the Covid-19 pandemic’s impact in 2022, this positive trend continued to propel retailers in Philadelphia throughout the past year. As of September, retail occupancy in the Center City District stood at 84.5%, steadily regaining ground toward the pre-pandemic 89% mark observed in… Read more »

PREIT Files for Chapter 11 Bankruptcy

PREIT files for Chapter 11 bankruptcy protection, agrees to relinquish stake in Fashion District

Facing a significant debt load of over $1 billion, PREIT has made the decision to file for Chapter 11 bankruptcy protection for the second time in just a little over three years. The regional mall owner took this voluntary step by filing in the U.S. Bankruptcy Court for the District of Delaware, having already established… Read more »