July 2025 Newsletter

In this months newsletter for the month of July 2025, we at WCRE discuss how in New Jersey, a New York Developer puts an Atlantic City casino up for sale, the PNK Group expands warehouse, Rite Aid is set to close 33 NJ stores, and An AI data center in NJ nears its completion. We also discuss happenings in PA where the Sixers and Comcast buy a former Rite Aid location, Stalwart acquired a NE Philly office location, Herrs is set to sell 123 Acres of land, Parkview Tower is facing the foreclosure, and we also discuss how Philly’s life sciences market has updated following Dispatch Bio’s recent $216 Million capital raise.

 

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July 2025 – Philadelphia Commercial Real Estate News

  • Sixers & Comcast Buy Former Rite Aid
  • Developer To Buy Ten Penn Center
  • Stalwart Acquires NE Philly Office
  • Logistics Property Co. Expands
  • Interest Grows In Cleveland Cliff’s
  • Herrs To Sell 123 Acres
  • Office Tower’s Assessment Cut By 55%
  • NY Investor Expands To Philly
  • Consumer Confidence Rises Slightly
  • Parkview Tower Faces Foreclosure
  • Philly Life Sciences Market Update
  • FLD Group and ADJMI Family Expand

July 2025 – South Jersey Commercial Real Estate News

  • NY Developer Puts AC Casino For Sale
  • PNK Group Expands Warehouse
  • D2 Organization Plans $55M Project
  • Rite Aid To Close 33 NJ Stores
  • Mapletree Starts Industrial Facility
  • AI Data Center Nears Completion