The owner of Philadelphia Mills, Simon Property Group Inc. is in talks to surrender the Northeast Philadelphia mall to its debtholders. According to CMBS reports, Simon Property Group is looking to transfer ownership to the CMBS trusts holding the four notes of its $290 million loan, which matured in June. The noteholders have ordered third-party… Read more »
David’s Bridal will relocate from its longtime corporate headquarters in Conshohocken next month, paving the way for a new residential development on the site. The wedding dress retailer is moving from 1001 Washington St. to 630 Allendale Road in King of Prussia on August 1, according to a company spokesperson. The new headquarters will allow… Read more »
Trader Joe’s plans to open its fourth store in Montgomery County this year. The popular grocery chain will open at 224 W. Dekalb Pike in King of Prussia, according to its website. While no exact opening date has been set, the company stated it is “working hard so we can open our doors in 2024.”… Read more »
Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 526 Cinnaminson Ave, Palmyra, NJ 08065. The Cinnaminson property is available for sale. The property holds +/- 1,000 square feet on .13 acres, that could be utilized by retail users. Features of… Read more »
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 »
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 »
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 »
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 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 »
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 »
