This months newsletter for May our team at WCRE discusses the recent commercial real estate events that are impacting the Philadelphia and New Jersey markets. New Jersey is experiencing closures of rite aids across the region as rite aid is set to close/sell all stores. A bank may be coming to Mt. Laurel, there was 1356 total trees that were recently removed for a new storage site, a new HQ is coming to Burlington, a new Cherry Hill office building is acquired, a new good will store opens, and the Borgata is opening a new casino within their casino.
Pennsylvania’s real estate scene is seeing new apartments that are coming to Philadelphia, a redevelopment of the navy yard, Lululemon store doubling in size, Croydon warehouse sells for millions, A bid on a hospital starts int he millions, City led revival at Market East, Malvern office park sells for less than estimated, Philadelphia’s Industrial sector is on the rise, A Wawa site sells for $6.5 million, and many more real estate happenings are detailed in the full newsletter.
May 2025 – Philadelphia Commercial Real Estate News
- New Apartments Coming To Philly
- Navy Yard Redevelopment
- Lululemon Store Doubling In Size
- Croydon Warehouse Sells For Millions
- Hospital Bid Starts In Millions
- City Led Revival At Market East
- Malvern Office Park Sells For Less
- Philly’s Industrial Sector On The Rise
- Wawa Site Sold for $6.5 Million
- Warehouse In NE Philly Sells For 3rd Time
- Wanamaker Building Auction Date
- CHOP Expands For Research Towe
- 7 Wawa Properties For Sale
May 2025 – South Jersey Commercial Real Estate News
- Bank May Be Coming To Mt. Laurel
- 1356 Trees Removed For Storage Site
- Rite Aid To Close/Sell All Stores
- New HQ Coming To Burlington
- Cherry Hill Office Building Acquired
- New Goodwill Store Opening
- Casino Within A Casino At Borgata
