114-Unit Fishtown Apartment Building to Break Ground After Securing Financing

114-Unit Fishtown Apartment Building to Break Ground After Securing Financing

Amid a nationwide slowdown in new construction, Archive Development is moving forward with its largest project yet after securing innovative financing. The Philadelphia developer will break ground next week on a seven-story, 114-unit apartment building at 1440 N. Front St. in Fishtown, adjacent to the Market-Frankford Line. The $32 million development is funded through a combination of a debt fund and a commercial property assessed clean energy (C-PACE) loan. Archive’s co-founders, Ryan Kalili and Henry Siebert, navigated a six-month process to combine these sources and invest additional equity, making the project possible.

*Article courtesy Philadelphia Business Journal

For more information about Philadelphia 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 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 website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

132-Unit Mixed-Income Development Proposed Near Frankford Transportation Center

132-Unit Mixed-Income Development Proposed Near Frankford Transportation Center

A proposed mixed-income housing development, including a grocery store and community health center, is planned near the Frankford Transportation Center in Northeast Philadelphia. The Frankford Community Development Corp. aims to construct a five-story, 132-unit building at 5129-35 Frankford Ave., close to the last stop on the Market-Frankford Line. This development will feature 60 affordable housing units, an 18,854-square-foot grocery store, and a 40,000-square-foot health center run by the City of Philadelphia, named Frankford Plaza. According to the project summary, the strategic location near one of Philadelphia’s busiest transit hubs makes it ideal for transit-oriented development. Given that Frankford is one of the city’s most challenged communities, it also serves as an excellent location for low-income housing and essential services for the community at large.

*Article courtesy Philadelphia Business Journal

For more information about Philadelphia 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 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 website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Alterra IOS Acquires 5-acre Philadelphia Site for $40M project

Alterra IOS Acquires 5-acre Philadelphia Site for $40M project

A joint venture between Alterra IOS and Eco Materials purchased a 5-acre site at 6110 Passyunk Ave. in Southwest Philadelphia for $5.75 million to build a soil recycling facility. Including the purchase price, the project will cost $40 million. Construction began this month, with the facility set to operate by spring 2025. The clean wash facility will accept non-hazardous contaminated soil, primarily from construction companies, and clean it for reuse, with up to 85% suitable for sale. The facility is designed to recycle up to 250 tons per hour.

*Article courtesy Philadelphia Business Journal

For more information about Philadelphia 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 website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Premier flex/industrial Building & land For Sale

Premier flex/industrial Building & land For Sale

Wolf Commercial Real Estate, the leading commercial real estate and advisory firm in South Jersey has been appointed the exclusive listing agent for 1636 Bridgeboro Road, Edgewater Park, NJ 08010. The Edgewater Park property is available for sale.

The property holds +/- 4,000 square feet on 4 acres, that could be utilized by land and industrial users.

Features of 1636 Bridgeboro Road

1636 Bridgeboro Road is ideal for car/truck repair, light industrial users, contractors, and industrial outdoor storage. The property is zoned C-Ll-1 (Commerical-Light Industrial District) and has septic/city water. Additionally, the property incldues an office, front desk, kitchenette, a solar panel array in the yard and ample industrial storage in the rear yard.

1636 Bridgeboro Road is less than 1/2 mile from heavily traveled Route 130 and is within close proximity to the NJ Turnpike, the PA Turnpike, and all bridges connecting to NJ-PA.

For more information about the sale price or a tour of the industrial space, please contact Ryan Barikian, Senior Advisor, at (856) 857 6307 or via email ryan.barikian@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.

Biotech Campus Coming to Schuylkill Riverfront

Biotech Campus Coming to Schuylkill Riverfront

Two years ago, Philadelphia initiated a search for a partner to transform 40 acres of vacant riverfront land in Southwest Philadelphia into a modern biotechnology manufacturing campus. The Philadelphia Industrial Development Corporation (PIDC), a public-private economic development organization spearheading the initiative, is now evaluating proposals from a select group of developers. PIDC believes this project could create thousands of new jobs and enhance the region’s status as a life sciences hub.

*Article courtesy Philadelphia Business Journal

For more information about Philadelphia land 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 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 website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Real Estate Opportunities on South Broad Street

Real Estate Opportunities on South Broad Street

Friday’s sudden announcement of the University of the Arts’ closure this week has cast uncertainty over the future of its real estate holdings in and around South Broad Street. Center City stakeholders remain hopeful about the properties, with local developers and nonprofit leaders expressing optimism that the UArts buildings could be repurposed—potentially as a blend of apartments, hotels, and cultural institutions.

The university’s real estate portfolio along South Broad Street’s Avenue of the Arts was valued at $94 million in its latest tax filing. Many of these buildings are historic structures in prominent locations, making UArts the largest property owner on Broad Street between City Hall and Washington Avenue, according to Laura Burkhardt, Executive Director of the Avenue of the Arts nonprofit, which promotes development, beautification, and marketing for the arts district.

*Article courtesy Philadelphia Business Journal

For more information about Philadelphia 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 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 website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Waterfront and Industrial Projects Lead $1B in New Investments

Waterfront and Industrial Projects Lead $1B in New Investments

The Philadelphia Business Journal’s updated Crane Watch map provides a visual overview of development projects in the region, including those proposed, under construction, or recently completed. Over $1 billion in new investments have been announced or initiated since the last update, spanning industrial projects, recreational spaces, and numerous residential units. Despite challenges in financing, large-scale developments persist. Notably, two waterfront projects in Philadelphia, totaling around $100 million, are poised to invigorate areas along the Schuylkill and Delaware rivers. One such project, the $60 million West Philadelphia Waterfront initiative near 30th Street Station, aims to establish a two-deck structure featuring a public pool, beach, and entertainment venue. Led by the University City District, this project will connect the growing University City neighborhood with Center City, fostering public access and connectivity.

*Article courtesy Philadelphia Business Journal

For more information about Philadelphia 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 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 website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

$60M Proposal Near 30th Street Station Plans Pool, Beach on Schuylkill River Banks

$60M Proposal Near 30th Street Station Plans Pool, Beach on Schuylkill River Banks

A bold $60 million proposal aims to construct a two-deck structure featuring a public pool, beach, and entertainment venue on the western bank of the Schuylkill River near 30th Street Station. Dubbed the West Philadelphia Waterfront project, it serves as a link between Center City and the rapidly growing University City area, which is experiencing a multi-billion-dollar development surge. The initiative was revealed on Thursday by University City District, a non-profit focused on enhancing and managing the public realm in a 2.4 square mile section west of the Schuylkill River.

*Article courtesy Philadelphia Business Journal

For more information about Philadelphia 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 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 website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

CHOP Expands Footprint with $24.75M Philadelphia Site Acquisition

CHOP Expands Footprint with $24.75M Philadelphia Site Acquisition

Children’s Hospital of Philadelphia (CHOP) continues its city expansion with the acquisition of a 3.2-acre property in Grays Ferry. City records indicate CHOP paid $24.75 million for the property located at 3000 Grays Ferry Ave. The site includes a nearly 18,000-square-foot building, previously a Bottom Dollar food store, now leased by delivery company GoPuff according to Carlino Development, the former owners. Zoned CMX-3, the property allows for diverse commercial development.

*Article courtesy Philadelphia Business Journal

For more information about Philadelphia 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 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 website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.

Prime Fishtown Parcel for Sale at $8.5M

Prime Fishtown Parcel for Sale at $8.5M

A nearly 1-acre parcel in Fishtown is now on the market for $8.5 million, offering a rare opportunity in one of Philadelphia’s bustling hubs for new construction. Located at 53-67 Laurel St., this CMX-3-zoned property sits between Frankford Avenue and Front Street. Zoning permits various commercial, residential, or mixed-use developments.

Positioned adjacent to Other Half Brewing’s taproom and opposite the Fillmore and Brooklyn Bowl under I-95, the site features a primarily vacant surface lot with a 13,000-square-foot, single-story warehouse. Property records indicate it has been owned by a business partnership since 1985.

*Article courtesy Philadelphia Business Journal

For more information about Philadelphia 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 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 website for a full listing of Philadelphia commercial properties for lease or sale through our commercial real estate brokerage firm.