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 »
Posts Tagged: Wolf Commercial Real Estate
Joint Venture Buys Whole Foods-Anchored Shopping Center Near Center City, Philadelphia
Baederwood Shoppes on the Fairway Trades for $43.3 Million A joint venture between Charter Realty & Development Corp. and an open-end institutional fund sponsored by Inland Institutional Capital has purchased Baederwood Shoppes on the Fairway in Abington, Pennsylvania, for $43.3 million, or about $371 per square foot. The 116,778-square-foot center at 1537-1659 Fairway Valley Road… Read more »
Grocers, Fitness Centers Helping Keep Philly Retail Leasing Afloat
Philadelphia is about to enter its 10th straight year of economic expansion involving national and Philadelphia commercial real estate markets, but owners of local retail properties continue to face a challenging and fast-changing market. At just under 1 percent year-over-year, market-wide rent growth among retail properties in the U.S. commercial real estate market – including… Read more »
Philly Retail Space for Lease in Wyncote Apartment Community
Wolf Commercial Real Estate, the leading Philadelphia commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, now is offering first-floor Philadelphia retail space for lease at 8440 Limekiln Pike Wyncote PA in the award-winning Towers at Wyncote. Positioned near the heavily traveled intersection of Route 309 and Easton Road,… Read more »
High-End Philly Retail Space for Lease in the Towers at Wyncote
Wolf Commercial Real Estate, the foremost Philadelphia commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, now is offering high-end, first-floor Philadelphia retail space for lease at 8440 Limekiln Pike Wyncote PA in the Towers at Wyncote. Positioned near the heavily traveled intersection of Route 309 and Easton Road,… 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 »
Premier Philly Retail Space for Sale in Bensalem
Wolf Commercial Real Estate, the foremost Philly commercial real estate brokerage firm that specializes in Philly commercial real estate listings and services, is now offering premier Philly retail space for sale at 2460 Bristol Road Bensalem PA. A fit-out, free-standing building, this Philly retail space for sale is a former bank branch, meaning this Philly… Read more »
Topgolf entertainment complex planned at former Nabisco site in Northeast Philly
The owner of the former Nabisco plant in Northeast Philadelphia has a deal with Topgolf International Inc. for the company to build one of its golf-themed entertainment complexes at the Roosevelt Boulevard and Byberry Road site. Michael Cooley, vice president of site owner Provco Group’s real estate division, told members of the Somerton Civic Association… Read more »
2601 Orthodox Street, Philadelphia, Pennsylvania
January 10, 2019 WCRE is proud to have exclusively represented THIRD FEDERAL S L ASSOCIATIONd/b/a BB&T Bank in the sale of 2601 Orthodox Street, Philadelphia, Pennsylvania to a private investor, James Mayberry. 2601 Orthodox Street is a +/- 3,456 square foot free standing property situated on +/- 0.05 acres. This well located building is a corner property… Read more »
New Fast-Food Lanes Lead to Fast Restaurant Sales Growth Nationally
Leonard Comma, Chief Executive of Jack in the Box, is investing as much as $45 million over the next three years on digital menu boards and canopies to make the fast-food chain’s drive-thru lane experience faster and more personal. Quick-service purveyors across the nation, such as Starbucks Corp. and Dunkin’ Brands Group Inc. are also… Read more »
