X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PHILADELPHIA-Phases I and II of 434,800-sf Whitman Square, located at 9701 Roosevelt Ave. at the corner of Grant Avenue, are 100% leased, and the center is scheduled to open by Labor Day. Leases with Office Max, Famous Footwear, and Famous Dave’s zipped up the remaining 50,000 sf, reports Peter Farnum, SVP of leasing and a broker for the developer, Blue Bell, PA-based Goldenberg Group.

Among the other tenants are Lowe’s, Wal-Mart, Circuit City, Michael’s Crafts, Petco, Eckerd Drugs, Chammps, Chick-fil-A, and Longhorn Steakhouse. “We are thrilled to be 100% leased and to have put together a complementary mix of top regional and national retailers and restaurants,” says Farnum.

The shopping center is in North Philadelphia at the site of the former Whitman Chocolate factory, which ceased production in 1933 and had gone largely unused over the past decade. Goldenberg’s cost for redeveloping the site is $45 million.

Another Goldenberg development, 647,000-sf Columbus Crossings in South Philadelphia, is 97% leased with just two vacancies remaining, according to Farnum. It will also contain a Lowe’s along with the area’s only Ikea and Best Buy and Linens ‘n Things.

These two new centers join nine other Goldenberg centers in the Greater Philadelphia market. They are: The 778,190-sf Metroplex in Plymouth Meeting, PA; The 704,486-sf Court at Oxford Valley in Fairless Hills, PA; 463,042-sf Red Rose Commons in Lancaster, PA; 433,834-sf Lanes Mill Marketplace in Howell, NJ; the 316,537-sf and 145,081-sf Court at Deptford I and II, respectively, in Deptford, NJ; 316,537-sf Snyder Plaza in Philadelphia; 247,503-sf Water Tower Square in Montgomeryville, PA, and 67,215-sf Bensalem Crossing in Bensalem, PA.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.