Philly Retail Space

Philly Retail SpaceWolf 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 go well beyond simply handling property transactions. As an unparalleled Philadelphia commercial real estate broker, we are a strategic partner whose number-one priority is our client’s long-term growth and success in the Philadelphia retail space market.

Retail businesses looking to buy or lease retail space in Philly can be assured that the professionals at our Philadelphia commercial real estate brokerage firm have the expertise to help you find the Philly retail space that best suits your needs. At Wolf Commercial Real Estate, we make certain that the sale or lease terms for your new Philadelphia retail space work to advance your commercial real estate goals. We’re the Philadelphia commercial real estate broker that is with you from the beginning of the transaction to the end, making the transition to your new retail space in Philly smooth and seamless.

Do You Own Philly Retail Space?

Retail property owners looking to sell or lease retail space in Philadelphia will appreciate the defined marketing strategy that the team at our Philadelphia commercial real estate brokerage firm creates and customizes for each property and sub-market. This process works to effectively and efficiently match buyers and tenants with retail space in Philly.

Retail space in Philadelphia is aggressively priced, and market trends show that the retail business in the region is poised for a massive rebound. For more information, please contact the team at Wolf Commercial Real Estate, a leading Philadelphia commercial real estate brokerage firm.

View Our Philly Retail Space Listings

Highly Visible Investment Opportunity

Highly Visible Investment Opportunity

Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 9-11 Black Horse Pike, Blackwood, NJ 08012. The Blackwood property is available for sale.

The property holds +/- 3,387 square feet with 1,693 square feet being the first floor restaurant, that could be utilized by investment users.

Features of 9-11 Black Horse Pike 

9-11 Black Horse Pike is an income producing investment property. The property is a popular local restaurant/pizzeria on the first floor with an outdoor dining area recently added. Additionally, there is a two bedroom fully occupied on the second floor.

For more information about the lease price or a tour of the industrial space, please contact Eric Flocco, Vice President, at (609) 790 6940 or via email eric.flocco@wolfcre.com. To review the brochure, please click here.

Wolf Commercial Real Estate is a full-service CRE brokerage and advisory firm with a full range of commercial real estate listings and services. The firm handles a variety of properties including medical, office, industrial, retail and investment. WCRE represents buyers, landlords, investors, tenants and sellers and also provides property management services. For a full list of buildings and suites that are available for sale or lease, visit www.wolfcre.com.

Former Flagship Wawa in Center City to be Replaced by Major Tenant

Former Flagship Wawa in Center City to be Replaced by Major Tenant

Chase Bank plans to open a branch in the former Wawa flagship store located at the southeast corner of Broad and Walnut streets in Center City. The prominent site has remained vacant since Wawa decided not to reopen it in 2020 due to ongoing impacts from the Covid-19 pandemic.

According to a Chase spokesman, the bank will lease the entire 5,000-square-foot space previously occupied by Wawa. The branch is anticipated to open in the fall.

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Federal Donuts & Chicken Expands with Three New Stores in Philadelphia Suburbs

Federal Donuts & Chicken Expands with Three New Stores in Philadelphia Suburbs

Philadelphia-born Federal Donuts and Chicken is set to expand its presence with three new locations in Delaware and Montgomery counties, marking the beginning of its national franchising efforts. The beloved chain, known for its fried chicken, donuts, and coffee, will open stores at 200 Radnor Chester Road in Radnor, 4021 Welsh Road in Willow Grove, and the Plymouth Square shopping center at 200 Ridge Pike in Conshohocken. However, Federal Donuts and Chicken did not disclose the expected opening dates for these new locations.

These three stores will be operated by the concept’s first local franchisees, entrepreneurs Chris Magarity, Mike Sloane, and Michael Heller. In addition to managing these new stores, the trio will also play a role in developing and executing the chain’s expansion plans across Bucks, Montgomery, Chester, Delaware, and Philadelphia counties. However, Federal Donuts and Chicken did not reveal any other specific areas in Greater Philadelphia that the group is considering for future stores.

*Article courtesy of Philadelphia Inquirer

For more information about Philadelphia retail space for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Six Additional Rite Aid Stores in Philly and Suburbs are Closing

Six Additional Rite Aid Stores in Philly and Suburbs are Closing

The pharmacies at several locations are slated to shut down by the month’s end. The closure includes the Rite Aid at 3000 Reed St. in Grays Ferry, which shut its doors on November 2, 2023. Additionally, three more Rite Aid stores in the city are on track to close soon as part of the company’s bankruptcy proceedings. Following the recent bankruptcy filing, Rite Aid is set to close six more stores in Southeastern Pennsylvania and South Jersey. Rite Aid properties are now up for sale in nine states, as indicated by A&G Real Estate Partners. Among the Philadelphia-area locations listed for closure are the pharmacies within these stores, with Rite Aid providing the respective closure dates.

*Article courtesy of Philadelphia Inquirer

For more information about Philadelphia retail space for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Premier Bank Pad Site & Residential Development Opportunity

Premier Bank Pad Site & Residential Development Opportunity

Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 2932 Haddonfield Road, Pennsauken, NJ 08110. The Pennsauken property is available for sale.

The property holds +/- 2,252 sqaure feet situated on 2.78 acres that could be utilized by land and retail users.

Features of 2932 Haddonfield Road

2932 Haddonfield Road is a former bank and has 393 feet of frontage along Haddonfield Road. The property is 4 minutues to the Betsy Ross Bridge, 14 minutes to Center City Philadelphia, 1/2 mile from Us-130, NJ-90, and NJ-73. Additionally, the property has numerous by-right zoming users, p-1/professional office district-from-1.6 acres, and r-3/residental district – back-1.2 acres.

For more information about the lease price or a tour of the industrial space, please contact Eric Flocco, Vice President, at (609) 790 6940 or via email eric.flocco@wolfcre.com. To review the brochure, please click here.

Wolf Commercial Real Estate is a full-service CRE brokerage and advisory firm with a full range of commercial real estate listings and services. The firm handles a variety of properties including medical, office, industrial, retail and investment. WCRE represents buyers, landlords, investors, tenants and sellers and also provides property management services. For a full list of buildings and suites that are available for sale or lease, visit www.wolfcre.com.

PREIT Exits Bankruptcy Protection, Poised to Transition into Private Ownership

PREIT emerges from bankruptcy protection, set to go private

PREIT successfully emerges from bankruptcy protection for the second time since 2020 and undergoes a transition to private ownership. The Philadelphia-based company confronted over $1 billion in looming debt when it filed for bankruptcy in December.

Nonetheless, through a pre-packaged reorganization plan, the debt has been eliminated, accompanied by the establishment of a new ownership framework and a one-time payout to shareholders. Redwood Capital Management and Nut Tree Capital Management, based in New York, are the primary investors spearheading PREIT’s new ownership structure.

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Family Dollar Shutting Some Doors in Philadelphia

These Family Dollar stores are closing in Philadelphia next month

Next month, six Family Dollar stores in Philadelphia will shutter their doors. This local closure follows the recent announcement by Dollar Tree, the parent company of Family Dollar, revealing plans to close nearly 1,000 stores, with approximately 600 Family Dollar locations slated for closure in the first half of this year.

Michael Atcovitz, vice president of human resources for Family Dollar Stores, attributed the closures to a nationwide initiative targeting underperforming stores, as stated in a layoff notice mandated by federal law.

Additionally, the company will be closing multiple stores in New Jersey on April 20, impacting 94 employees, according to a separate notification.

Dollar Tree has encountered various challenges in recent times, including inflationary pressures and incidents of store theft, as reported by the Wall Street Journal. The acquisition of Family Dollar by Dollar Tree in 2015 for over $8 billion has presented difficulties in assimilating the chain, according to the Associated Press.

*Article courtesy of the Inquirer

For more information about Philadelphia retail space for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Netflix Plans to Transform Vacancy at Mall

Netflix Attempt to Move Beyond Screens Relies on This Empty Mall Department Store

Netflix, the renowned streaming platform, is embarking on a novel endeavor to revitalize a vacant Lord & Taylor store, marking one of its initial ventures into physical entertainment venues. This initiative reflects a growing trend of repurposing obsolete department store mall locations across the nation.

Headquartered in Los Gatos, California, Netflix intends to convert the 120,000-square-foot space situated at the King of Prussia mall in Pennsylvania into what it dubs “Netflix House.” This venue will offer a blend of ticketed and non-ticketed experiences, curated around the most beloved Netflix shows, according to the company’s proposal submitted to Upper Merion Township officials.

Netflix House is envisioned to encompass permanent retail and food-and-beverage areas, along with a theater, escape rooms, mixed reality games, live events, and various other interactive activities. This innovative project signifies Netflix’s foray into the realm of physical entertainment spaces, bringing its acclaimed content to life in an immersive and engaging setting.

*Article courtesy of Costar

For more information about Philadelphia retail space for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Netflix House coming to King of Prussia Mall

Netflix House coming to King of Prussia Mall

Netflix has set its sights on Philadelphia as one of the inaugural sites for its innovative retail, dining, and live entertainment venture. The entertainment giant intends to establish a Netflix House within the former Lord & Taylor space at the prestigious King of Prussia Mall. This brick-and-mortar concept is designed to fully immerse visitors in their beloved Netflix shows and movies through themed merchandise, culinary delights, and engaging activities. Building upon its success with temporary activations like the “Stranger Things Experience” and “The Queen’s Ball: A Bridgerton Experience,” as well as the pop-up eatery Netflix Bites, Netflix House represents a permanent venue for the streaming service to showcase its captivating themed experiences.

*Article courtesy Philadelphia Business Journal

For more information about Philadelphia retail space for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Another Wawa Location in Philadelphia is Set to Close

Another Wawa Location in Philadelphia is Set to Close

Another Wawa store in Philadelphia is shutting its doors. A spokesperson for the Delaware County convenience store and gas station chain confirmed to the Business Journal that Wawa did not receive a lease renewal offer for its location at 2000 Hamilton St., near Fairmount and the Philadelphia Museum of Art. The company declined to provide further details regarding the closure.

Situated at the intersection of 21st and Hamilton streets in Rodin Place, the Wawa stands opposite a Whole Foods Market and in close proximity to a Target store. According to Sam Newman, president of Loddington Management, the property manager for Rodin Place, Wawa’s lease is set to expire at the end of September.

*Article courtesy Philadelphia Business Journal

For more information about Philadelphia retail space for sale or lease, please contact WCRE at 215-799-6900.Wolf Commercial Real Estate, a full-service CORFAC International brokerage, and advisory firm, is a premier Philadelphia commercial real estate broker that provides a full range of commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other commercial properties for buyers, tenants, investors, and sellers.

Please visit our website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.