Posts Tagged: Philly retail space

Philly Retail Space Update: Market East Transformation Underway

Philadelphia’s East Market Street has been a commerce and transportation hub since the time of 19th-century slaughterhouses and horse-drawn trolleys.  This strip of retail space in Philadelphia has certainly experienced both good times and bad.  Even with the 1977 opening of the Gallery, the consolidation and downfall of Philadelphia’s grand department stores resulted in an… Read more »

Local Market Remains Steady despite National Economic Volatility

While the national economy was affected by turmoil in the global markets, the Philadelphia commercial real estate market continued its progress for another quarter, according to the latest quarterly analysis from Wolf Commercial Real Estate, a premier Philadelphia commercial real estate broker that specializes in Philly commercial real estate listings and services, including Philly retail… Read more »

Philly Retail Space Update: Mixed Use Trend Hits Retail Space

The familiar design of lifestyle centers and traditional malls is being rethought as commercial real estate developers look to attract tech-savvy millennials and affluent baby boomers by introducing office space and residential living space to retail centers, including Philly retail space. A report from the CoStar Group notes that mall and lifestyle center developers are… Read more »

Report: Every Sector of Philadelphia Retail Space Development at Its Peak

Retail space in Philadelphia is springing up with many major real estate developments, and Center City is undeniably at its center. For a couple of years, the city has been observing the development of level it hasn’t seen since the construction of Liberty Place towers during the late 1980s. And the same trend will continue… Read more »

Philly Retail Space Vacancy Rate Unchanged In First Quarter

Vacancies in the market for Philly retail space held fairly steady in the first quarter 2015, according to the latest market analysis from the CoStar Group. The market experienced little change as the vacancy rate for retail space in Philadelphia went from 5.8% in the fourth quarter 2014 to 6.0% in the first quarter of… Read more »

First Quarter Report: Strong Start for South Jersey Commercial Real Estate

Propelled by fourth quarter 2014’s growing momentum, the South Jersey commercial real estate market kicked off the year on a robust note, according to a new quarterly market report from Wolf Commercial Real Estate, a leading Philly commercial real estate brokerage firm with expertise in South Jersey and Philadelphia commercial real estate listings and services,… Read more »

Philadelphia Retail Real Estate Market Continues Growth in Fourth Quarter

Nearly 34,000 square feet of Philadelphia retail real estate were added to the Philadelphia retail space market during the final quarter of 2014 as six Philadelphia retail properties came onto the market, according to the latest report from The CoStar Group. The research company also looked at retail space in Philadelphia in the previous four… Read more »

Philadelphia Retail Space Vacancy Rate Holds Steady at Year End

Philadelphia retail space vacancies were virtually unchanged in the fourth quarter 2014, according to new market analysis from the CoStar Group. The vacancy rate for Philly retail space stood at 5.9% at quarter’s end, only slightly higher than the third quart’s 5.8%  vacancy rate for retail space in Philadelphia, according to CoStar’s Fourth Quarter 2014… Read more »