Paramount Realty Services of Lakewood, N.J., has purchased Columbus Crossing, a 140,418-square-foot shopping center in Philadelphia for roughly $40 million. Anchored by T.J. Maxx, HomeGoods and Ulta Beauty, Columbus Crossing was fully leased at the time of sale. In another, separate transaction, Bensalem Crossing also recently sold for $11.5 million and highlights how investors continue… Read more »
Posts Tagged: retails space in Philly
How far did foot traffic fall at Philadelphia-area shopping centers during the pandemic? Far.
While it’s no surprise foot traffic at the region’s malls, power centers and retail strips fell during the stay-at-home orders throughout the Philadelphia region, an analysis by CBRE Inc. found it dropped by more than 66% between March 13 and March 27. Foot traffic bottomed out at 50% on April 12, which was Easter Sunday…. Read more »
Crunch Fitness Opens New Location in Philadelphia
International Fitness Chain Inks Deal at Northeast Shopping Center Crunch Fitness, a fitness center chain headquartered in New York, is opening a new location in Philadelphia. The gym has leased 30,619 square feet at Northeast Shopping Center. Located at 9165-9175 Roosevelt Blvd., the center spans 42.5 acres less than two miles from Northeast Philadelphia Airport…. Read more »
Jako Enterprises Leases 4-Star Warehouse in Philadelphia
Local Apparel Retailer Signs Large Industrial Lease Jako Enterprises, a local apparel retailer, leased Ricatto Property Management’s 4-Star warehouse in Philadelphia. The 201,456-square-foot facility at 7601 State Road comprises 16 loading docks, one drive-in bay, 60- by 55-foot column spacing and a 26-foot clear ceiling height. Built in 1968 and renovated in 1977, the building… Read more »
Philly Retail Space
Wolf Commercial Real Estate is a premier Philadelphia commercial real estate broker that represents Philly retail space for lease and sale. We are experts in the Philadelphia retail space market, with a team of seasoned and knowledgeable real estate advisors ready to help you achieve your real estate goals. At Wolf Commercial Real Estate, we… Read more »
