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

Three Rittenhouse Square Buildings Back on the Market

Three adjacent buildings in Rittenhouse Square, including one that was home to the former Irish Pub, are back on the market with an asking price of $7 million. The properties, at 2007-11 Walnut St., include the old restaurant space, 10 residential units and an office.

Situated on the northwest corner of Walnut and S. 20th streets, the combined property offers the chance to add to the lively bar and restaurant scene in the surrounding neighborhood. A new buyer, however, will have to do so under a different name.

*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 websites for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

WCRE Completes Retail Storefront Lease in Montgomery Township, PA

PA 309 and Witchwood Drive Montgomery Township PA

WCRE is proud to have exclusively represented The Kibitz Room, in the lease of a 3,750 square-foot retail storefront being constructed at PA-309 and Witchwood Drive, Montgomery Township, Pennsylvania, joining  Wawa, Citadel Credit Union and Salvatore Outdoor.

The Kibitz Room is operated by the renowned Owners of the popular Kibitz Room in Cherry Hill, NJ and Baltimore, MD, making this their 3rd location, and first in PA.

The leasing of this retail space adds to WCRE’s growing number of successful retail transactions in the greater Philadelphia and Southern New Jersey markets, led by Eric Flocco, Vice President, who exclusively represented The Kibitz Room in this transaction.

Demand for Store Space Drives Philly Retail to New Lows

Steady Demand for Store Space Drives Philadelphia’s Retail Availability to New Lows

Despite concerns of a retail apocalypse over the past decade from the threat of online shopping, which was heightened during the pandemic, recent leasing performance on the part of Philadelphia retailers tells another story. Retail space listed on the market in the Philadelphia region is now at 18.7 million square feet — 20% below the pandemic-level peak of 23.5 million square feet and 11% below pre-pandemic levels.

The historic level of individual discretionary savings in recent years catapulted consumer spending and e-commerce sales to new highs. Fueled by the demand surge and 1%-interest loans in the form of government Paycheck Protection Program loans, retail companies accelerated their expansions by opening new locations across the country, including the Philadelphia metropolitan area.

*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 websites for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

PREIT Selling Both Exton Square Mall and Plymouth Meeting Mall

PREIT explores sale of Plymouth Meeting, Exton Square malls to shore up cash

PREIT said Thursday it’s still looking to sell Exton Square Mall, and now Plymouth Meeting Mall, the next move in its saga to generate cash with a pivotal loan deadline looming.

The Business Journal reported Exton Square Mall was under agreement last spring to sell to Brandywine Realty Trust for $28.8 million, but PREIT revealed the deal fell through in its annual report filed last month to the U.S. Securities and Exchange Commission. Brandywine declined to comment.

Meanwhile, as of the end of March, PREIT’s credit facilities had a balance of $995.8 million set to mature on Dec. 10. Philadelphia-based PREIT (OTCMKTS: PRET) has viewed property sales as a way to come up with money to pay down the debt, but a significant haul would be needed to match the nearly $1 billion owed.

*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 websites for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Auto Body Repair Shop Available For Sale

6741 Essington Ave Philadelphia PA

Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 6741 Essington Ave in Philadelphia, Pennsylvania. The Philly property is available for sale, priced at $899,000.

The property is +/- 4,182 square-feet and is zoned I-2.

Features of 6741 Essington Ave in Philadelphia, Pennsylvania

6741 Essington Ave is a fully equipped auto body repair shop that is situated on .37 acres.

The retail/industrial property is ideal for an auto body shop or other light industrial retail users. The building is near notable businesses like Dodge, Chrysler, CarVision, PPA, Chapman Nissan and The Parking Spot.

For more information about the lease price or a tour of the retail 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.

David’s Bridal Laying Off More Than 9,000 Employees

David's Bridal Laying Off More Than 9,000 Employees

David’s Bridal is laying off more than 9,000 workers, including many in the Philadelphia region, and the company may be sold.

The Conshohocken-based wedding gown chain said in a notice to the Pennsylvania Department of Labor and Industry that it would be laying off 9,236 people across the United States. A specific number for Pennsylvania was not available as of Friday.

“We are evaluating our strategic options and a sale process is underway. At this time, there are no updates to share,” spokesperson Laura McKeever said.

*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 websites for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Sporting Club Reopening After 3 Years at the Bellevue

Sporting Club at the Bellevue reopening after three years with extensive renovations and new golf pavilion

The Sporting Club at The Bellevue has set a planned reopening date after being closed for most of the last three years due to pandemic-related shutdowns and renovations. 

The 110,000-square-foot Center City fitness center plans to reopen in July, according to Fran Cassidy, the general manager. Cassidy said the high-end club aims to starting giving tours to prospective members in June, but the first glimpse into the updated facility will go to former members.

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

Target Closing Center City Philadelphia Location

Center City Target Closing Store Location

Target Corp. is closing its store at 12th and Chestnut streets in Center City nearly seven years after opening the location. 

The company said it will shutter the 19,000-square-foot Washington Square store due to several years of declining performance. The store, one of Target’s small-format locations, is scheduled to close May 13. 

Target (NYSE: TGT) also cited two nearby stores in Rittenhouse Square and at Broad and Washington as better performing locations.

*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 websites for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Rita’s to Open 40 Stores, Adding More Drive-Thrus

Rita's to open 40 stores, add drive-thrus and new Italian ice flavors

Rita’s Italian Ice & Frozen Custard plans to open 40 new locations and add a new product line this year.

The company, headquartered in Trevose, will expand into Missouri and add to its presence in Midwest states such as Illinois, Texas and Oklahoma. Rita’s CEO Linda Chadwick said that although the brand is primarily regional, it has seen steady growth along the southern stretch of I-95. 

Rita’s stores, which opened for the 2023 season on March 1, are 100% franchisee-owned. The brand, founded in Bensalem in 1984, currently operates in 31 states and has more than 550 shops worldwide. 

For its 31st annual First Day of Spring celebration on March 20, Rita’s will debut a new Gummy Bears flavor along with the free Italian ice it typically gives away for the occasion. The brand will roll out more new flavors this summer and debut a frozen coffee line in April that was tested at several stores last year. 

*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 websites for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Love & Honey Fried Chicken Launches Franchising Efforts With Plans New Locations

Love & Honey Fried Chicken Philadelphia

A popular Northern Liberties fried chicken eatery has launched its first franchising efforts after almost six years in operation, with plans to open up to a half-dozen new locations. 

Love & Honey Fried Chicken, located at 1100 N. Front St., announced the news via social media on Monday. The brand has already received interest from dozens of potential franchisees in the two days since, according to Todd Lyons, who owns the fried chicken concept with his wife Laura. 

*Article courtesy of Philadelphia Business Journal

For more information about Philadelphia retail space for sale or lease in Philadelphia or about any other Philadelphia properties 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 Philadelphia commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Philadelphia commercial properties for buyers, tenants, investors, and sellers.

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