Content about Philadelphia

May 17, 2013

Tex-Mex family restaurant operator Uncle Julio’s will join Plymouth Meeting Mall in late 2013, according to mall owner Pennsylvania Real Estate Investment Trust (PREIT), based in Philadelphia.

Philadelphia -- Tex-Mex family restaurant operator Uncle Julio’s will join Plymouth Meeting Mall in late 2013, according to mall owner Pennsylvania Real Estate Investment Trust (PREIT), based in Philadelphia.

The 9,300-sq.-ft. location will be the first in Pennsylvania, and marks the completion of The Plaza Shops extension, which is anchored by Whole Foods and includes Massage Envy, Coldwater Creek, Loft, Chico’s, Olly Shoes, Orvis, and Jos. A. Bank.

May 7, 2013

In New York City, Philadelphia, Washington, D.C., Denver — and other major cities across the country — creative young chefs are opening their own restaurants.

"In New York, the trend isn't all that new. Think of Andre Soltner, Jean-Georges, David Chang and others," said Faith Hope Consolo, noted trend-watcher and chairman of Douglas Elliman's Retail Group in New York City.

Indeed, we probably shouldn't call it a trend any more. In a growing number of cities, chef-owned restaurants are a mainstay of rising urban neighborhoods.

May 7, 2013

Urban Outfitters' store operations and visual teams are benefitting from a cutting-edge solution that provides upstream visibility with regard to store-delivery shipments and more robust tools with which to plan receiving the goods.

The application, StoreTrac from Philadelphia-based PCSTrac, is a Web-based inventory control and management application that delivers a store-level snapshot of shipments. It has been deployed across all the company's retail brands, a total of approximately 430 stores.

April 16, 2013

Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that Crumbs Bake Shop recently opened its first area location at Cherry Hill Mall, in Cherry Hill, N.J.

Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that Crumbs Bake Shop recently opened its first area location at Cherry Hill Mall, in Cherry Hill, N.J.

The 200-sq.-ft. foot kiosk is a dessert supplement to major Cherry Hill Mall dining players such as Grand Lux Café, Bobby’s Burger Palace, California Pizza Kitchen, Maggiano’s Little Italy, Seasons 52, The Capital Grille, and Bahama Breeze.

April 4, 2013

Philadelphia-based Pennsylvania Real Estate Investment Trust said that Francesca’s Collections has opened at its Exton Square Mall property, in Exton, Pa.

Exton, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said Tuesday that Francesca’s Collections has opened at its Exton Square Mall property, in Exton, Pa.

The arrival of the 1,300-sq.-ft. Francesca’s store will soon be joined by Teavana, which is set to open a 1,000-sq.-ft. store this summer.

March 25, 2013

Philadelphia’s Center City District, a private-sector sponsored business improvement district, announced on Friday that it has retained Madison Marquette Retail Services to lease the retail space for Dilworth Plaza.

Philadelphia -- Philadelphia’s Center City District, a private-sector sponsored business improvement district, announced on Friday that it has retained Madison Marquette Retail Services to lease the retail space for Dilworth Plaza.

As part of a major transformation of Dilworth Plaza, premium retail space for the operation of a café concept is available, encompassing 600 sq. ft. with indoor and outdoor seating that can accommodate 60.

March 22, 2013

Philadelphia-based Pennsylvania Real Estate Investment Trust announced that DSW has opened a 17,500-sq.-ft. store at PREIT’s Capital City Mall property, located in Camp Hill, Pa.

Camp Hill, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust announced that DSW has opened a 17,500-sq.-ft. store at PREIT’s Capital City Mall property, located in Camp Hill, Pa.

The mall completed the space for DSW — the retailer’s first in the area — by building on an additional 5,000 sq. ft.

March 19, 2013

Cuhaci & Peterson Architects said it has been awarded contracts to design three Ale House restaurants — in Winter Park, Fla., Queens, N.Y., and the Philadelphia area.

Orlando, Fla. -- Cuhaci & Peterson Architects said Tuesday it has been awarded contracts to design three Ale House restaurants — in Winter Park, Fla., Queens, N.Y., and the Philadelphia area.

The restaurants average 10,000 sq. ft. each.
 

March 19, 2013

Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that Soma Intimates recently opened its first location in the area at Cherry Hill Mall, in Cherry Hill, N.J.

Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that Soma Intimates recently opened its first location in the area at Cherry Hill Mall, in Cherry Hill, N.J. The 2,800-sq.-ft. store is the newest addition to a vibrant mall that is anchored by Nordstrom, Macy’s, and J.C. Penney and features Apple, A/X Armani Exchange, Crate and Barrel, H&M, Henri Bendel, Hugo Boss, J. Crew, Michael Kors, Sephora, Teavana, The Art of Shaving, The Container Store, The North Face, True Religion and Urban Outfitters.

March 13, 2013

Metro Commercial announced that Allen Edmonds has opened a flagship shoe store in Philadelphia, located at the corner of 18th & Chestnut Streets.

Philadelphia -- Metro Commercial announced that Allen Edmonds has opened a flagship shoe store in Philadelphia, located at the corner of 18th & Chestnut Streets.

The 1,900-sq.-ft. store opened in February.

Metro Commercial negotiated the lease on behalf of the landlord Midwood Investment & Development.    

 

March 13, 2013

Metro Commercial announced that Allen Edmonds has opened a flagship shoe store in Philadelphia, located at the corner of 18th & Chestnut Streets.

Philadelphia -- Metro Commercial announced that Allen Edmonds has opened a flagship shoe store in Philadelphia, located at the corner of 18th & Chestnut Streets.

The 1,900-sq.-ft. store opened in February.

Metro Commercial negotiated the lease on behalf of the landlord Midwood Investment & Development.    

 

January 30, 2013

Retail design consultancy and brand agency CBX has been retained by hunger relief organization Philabundance to design a prototype for Fare & Square, a not-for-profit grocery store slated to open this summer in Chester, Pa.

New York -- Retail design consultancy and brand agency CBX has been retained by hunger relief organization Philabundance to design a prototype for Fare & Square, a not-for-profit grocery store slated to open this summer in Chester, Pa.

January 10, 2013

Law firm Duane Morris announced that it has named partners Chester Lee in New York and George Kroculick in Philadelphia as co-chairs of its firmwide Real Estate Practice Group.

Philadelphia and New York -- Law firm Duane Morris announced that it has named partners Chester Lee in New York and George Kroculick in Philadelphia as co-chairs of its firmwide Real Estate Practice Group.

Lee and Kroculick succeed partner Marc Brookman in heading the practice.

Lee and Kroculick will take over a national practice involving more than 90 lawyers with broad experience in real estate and development matters.

December 5, 2012

Metro Commercial Real Estate said that David’s Bridal will open an 8,164-sq.-ft. store at Great Northeast Plaza, located in the northeastern part of Philadelphia.

Philadelphia -- Metro Commercial Real Estate said that David’s Bridal will open an 8,164-sq.-ft. store at Great Northeast Plaza, located in the northeastern part of Philadelphia.

The new store is slated to open by spring 2013.

November 27, 2012

Each year, in December, Chain Store Age publishes a retail overview of the northeastern quadrant of the United States and, each year, there’s not a lot of bad news to report, even in recessionary times. This year is no exception; in fact, despite a superstorm that ravaged much of the region, the economic engine continues to chug along.

November 26, 2012

Versa Capital Management, a Philadelphia-based private equity investment firm, has acquired Eastern Mountain Sports (EMS), effective immediately.

Philadelphia -- Versa Capital Management, a Philadelphia-based private equity investment firm, has acquired Eastern Mountain Sports (EMS), effective immediately. Terms of the deal were not disclosed.

Mark Walsh, a Versa principal and chairman of Bob’s Stores, a northeastern apparel retailer that is part of the Versa portfolio, will serve as chairman of the board of EMS, which operates 69 stores in 12 Eastern states.

November 20, 2012

Pennsylvania Real Estate Investment Trust (PREIT) said that Apple has opened a new store at its Willow Grove Park property in suburban Philadelphia.

Philadelphia -- Pennsylvania Real Estate Investment Trust (PREIT) said that Apple has opened a new store at its Willow Grove Park property in suburban Philadelphia.

The 8,300-sq.-ft. store opened on Nov. 17, bring the total number of Apple stores in PREIT’s portfolio to four.

“The addition of Apple to this already dominant mall will further drive traffic and sales and allow us to enhance the merchandise mix and quality of the shopping experience at Willow Grove Park,” said Joseph F. Coradino, CEO, PREIT.
 

October 25, 2012

In its eighth year, the annual Top Redevelopers survey continues to underscore the country’s emphasis on refurbishing and repositioning over building anew. Just as in the prior seven years, shopping center owners are concentrating on existing assets — sometimes tweaking, sometimes refreshing, sometimes razing sections and rebuilding. For all, however, the goal is to maximize exposure and returns for all the tenants involved.

October 23, 2012

Philadelphia-based Pennsylvania Real Estate Investment Trust said that American Eagle Outfitters plans to open a 5,732-sq.-ft. store at its Plymouth Meeting Mall property in spring 2013.

Plymouth Meeting, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that American Eagle Outfitters plans to open a 5,732-sq.-ft. store at its Plymouth Meeting Mall property in spring 2013.

In addition, Mercy Health System, a consumer health and wellness satellite aligned with Mercy Suburban Hospital, recently opened, expanding the mall’s variety of services into the health sector.

Plymouth Meeting Mall is anchored by Macy’s, Boscov’s and Whole Foods Market and Café.

 

October 10, 2012

Fashion retailer Intermix has opened its 30th store at 1718 Walnut Street in Center City, Philadelphia, according to Metro Commercial, which negotiated the 3,386-sq.-ft. lease.

Philadelphia -- Fashion retailer Intermix has opened its 30th store at 1718 Walnut Street in Center City, Philadelphia, according to Metro Commercial, which negotiated the 3,386-sq.-ft. lease.

The retailer will occupy space on the ground floor of the Rittenhouse Claridge, a landmark building owned by Kaiserman Co. Metro Commercial searched for the ideal location for Intermix for over two years.

 

October 10, 2012

Fashion retailer Intermix has opened its 30th store at 1718 Walnut Street in Center City, Philadelphia, according to Metro Commercial, which negotiated the 3,386-sq.-ft. lease.

Philadelphia -- Fashion retailer Intermix has opened its 30th store at 1718 Walnut Street in Center City, Philadelphia, according to Metro Commercial, which negotiated the 3,386-sq.-ft. lease.

The retailer will occupy space on the ground floor of the Rittenhouse Claridge, a landmark building owned by Kaiserman Co. Metro Commercial searched for the ideal location for Intermix for over two years.

 

October 1, 2012

Philadelphia-based Pennsylvania Real Estate Investment Trust said that upscale salon Essensuals London has officially opened at its Cherry Hill Mall property in Cherry Hill, N.J.

Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that upscale salon Essensuals London has officially opened at its Cherry Hill Mall property in Cherry Hill, N.J.

The 1,530-sq.-ft. salon – the company’s first on the East Coast – joins the recently opened North Face and Henri Bendel. Pottery Barn is set to open this fall.

October 1, 2012

Charter Realty & Development said that it has arranged for a 9,887-sq.-ft. lease for Planet Fitness in the Mayfair Shopping Center in Philadelphia.

Philadelphia -- Charter Realty & Development said that it has arranged for a 9,887-sq.-ft. lease for Planet Fitness in the Mayfair Shopping Center in Philadelphia.

The shopping center is anchored by, Shop N Bag, Dollar Tree and Wells Fargo.
 

October 1, 2012

Philadelphia-based Pennsylvania Real Estate Investment Trust said that Soma Intimates recently opened at Willow Grove Park, in Willow Grove, Pa.

Willow Grove, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said Monday that Soma Intimates recently opened at Willow Grove Park, in Willow Grove, Pa.

The 2,369-sq.-ft. store will be joined by a newly formatted J.C. Penney opening this fall and featuring the retailer’s Shops format, along with the opening of accessory boutique Laila Rowe.

Willow Grove Park is a three-level, 1.2 million-sq.-ft. regional shopping mall anchored by Bloomingdale’s, Macy’s, Sears and Nordstrom Rack.

 

September 10, 2012

Philadelphia-based Pennsylvania Real Estate Investment Trust said that iFixandRepair will join its Willow Grove Park, Pa., property this fall.

Willow Grove, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that iFixandRepair will join its Willow Grove Park, Pa., property this fall.

The 1,077-sq.-ft. store joins other Willow Grove Park wireless electronics retailers such as AT&T, Best Buy Mobile, RadioShack, Sprint Nextel, T-Mobile and Verizon Wireless.