Tag: commercial

Morning Headlines: J. Crew Outlet Is Coming to the Philly Suburbs!

Screenshot from J. Crew Factory website.

Screenshot from J. Crew Factory website.

First Madewell–J. Crew’s sister store–chose Walnut Street for its newest location. And now J. Crew Factory–the store’s outlet–comes to the ’burbs.

The commercial real estate group PREIT has announced that the Factory will open at the Plaza Shops at Plymouth Meeting Mall in the fall. Imagine: 6,000 square feet of J. Crew–but less expensive.

More →

Finnigan’s Wake Is for Sale, and It’s Really Nice Inside When It’s Empty

finnigans wake

The Northern Liberties bar Finnigan’s Wake–the subject of so much real estate drama last year–is up for sale for $5 million. Philebrity.com, ever tactful, has some advice for a prospective buyer: “All year long, you’ll be inundated with douchebags of all stripes, and for that, they should really pay you.”

Well, douchebags or no, the inundating visitors will carry wallets. And the listings photos reveal that Finnigan’s Wake, without the presence of all those visitors, has a very attractive interior with a lot of potential for the owner who’s in it for the long haul.

Here’s an excerpt from the real estate listings copy:

More →

The Philadelphia Area’s 10 Most Popular Commercial Property Listings

trinity presbyterian

Trinity Presbyterian is the most popular commercial listing in the Philadelphia area.

According to LoopNet, the premier commercial real estate listing service, the Philly listing that consistently has the highest number of views is that for Trinity Presbyterian Church at 2857 Frankford Avenue, near East Cambria. In the last month, it has been viewed 2,279 times. (Compare that to the 10th-most-popular–23 units and a storefront in Pottstown–which has been viewed 635 times.)

The church is in very poor condition and is now zoned residential despite the fact that there is an active congregation that still gathers and has a thrift store there. The building is being sold for $120,000 as-is.

More →

Nordstrom Rack Responds to Daffy’s Rumors

2013-06-nordstrom-rack-shoesThough we’re 99 percent sure Nordstrom Rack is moving into the former Daffy’s at 17th and Chestnut, no one will yet confirm, least of all Nordstrom itself. The company tells Julie Davis, of Racked Philly:

“We don’t respond to rumor or speculation regarding specific locations. If we have something definitive in place, we’ll share it.”

More →

It’s Been 40 Years Since Grays Ferry Has Had New Retail

Photo via Loopnet

Photo via Loopnet

Sure, there have been plenty of developments in this city, as in many others, that haven’t worked out, but Grays Ferry may be in a class by itself in terms of waiting for things to turn around. There’s just nothing there aside from the depressing strip mall at 29th and Grays Ferry with its anchor Pathmark and the Radio Shack you shouldn’t patronize unless you want to buy the wrong cable for your computer.

Last week Carlino Development and Lamm Realty groups announced their intention to build a retail mall at 3000 Grays Ferry Avenue. The mall will supposedly have Bottom Dollar Food and Rite Aid as anchors. However, the two groups have owned the land since 2007, so it’s hard to get excited by the latest plan.

More →

Paging Stephen Starr: Great Restaurant Space Up for Grabs on Independence Mall

DSCF3735

You may have read by now that the Dow Chemical Company is putting its historic–yes, historic; it’s listed on the National Register–office building on Independence Mall up for sale once again.

Rohm and Haas built the building in 1965 as its headquarters, and the building designed by Pietro Belluschi and George M. Ewing Co. (now EwingCole) is considered a Modernist masterpiece.

More →

Carl Dranoff to Announce Name, Details of Ardmore Project After 10 Years

Photo: Laura Kicey

Photo: Laura Kicey

A decade in the making, Dranoff Properties‘ plans for a Cricket Avenue mixed-use project in Ardmore–with 121 residential units–will finally be unveiled tomorrow. We’ll have renderings by mid-morning, but in the meantime here’s a recent gallery by Laura Kicey taken last month at Dranoff’s 777 South Broad. Think of it as a refresher course on what Dranoff apartment living looks like–and the kind of quality (if not design) Ardmore can expect in its future.

More →