Posts Tagged: retail space in Philadelphia

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 »

Prime Philadelphia Retail Space for Lease on Spring Garden Street

Wolf Commercial Real Estate, a premier Philadelphia commercial real estate broker that specializes in Philadelphia commercial real estate listings and services, now has available well-located Philadelphia retail space for lease at 1004-1026 Spring Garden Street Philadelphia. There are 9,020 square feet of contiguous prime retail space in Philadelphia currently available at 1004-1026 Spring Garden Street… Read more »

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 »

Low Level of Retail Construction Starting to Crimp Net Absorption

With shopping center vacancies, including those involving Philadelphia commercial properties, continuing to tighten as retailers with retail space in Philadelphia and other areas across the country slowly fill the remaining excess space, with both nationwide and Philadelphia commercial real estate listings are facing a dwindling number of high-quality locations. The U.S. retail real estate vacancy… Read more »

Banks Close More Branches As Transactions Move Online

Joining many consumer goods retailers who are downsizing their brick and mortar locations, some of the nation’s biggest banks are now touting their bank branch closure plans. The primary driver behind both decisions is the same: more banking activity is occurring online and less in the physical world. But banks have an additional driver: regulators… 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 »

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 »