Concordville Inn Demolition Work Underway for New Rehab Hospital
Demolition on the 246-year-old Concordville Inn in Glen Mills has begun with a portion of it down before the Thanksgiving holiday, writes Emma Dooling for Philadelphia Business Journal. The Alabama healthcare company Encompass Health Corp. bought the property on June...
Target and Chick-fil-A coming to West Goshen mall
WEST GOSHEN — Finally. The rumors that persisted for over a year were confirmed at Tuesday night’s board of supervisors meeting, when West Goshen Center owner Chris Robbins announced that a Target and Chick-fil-A are coming to the popular mall. View the Full Story...
The Silver Lining: Rising Interest Rates and the Bullish Outlook for Commercial Real Estate
In the world of commercial real estate, change is constant. Market dynamics ebb and flow, and one of the most significant factors that can influence the industry is the movement of interest rates. While many may perceive rising interest rates as a cause for concern,...
Is the traditional office becoming a thing of the past?
One of the most prominent trends in the office market is the shift towards remote work, which has been accelerated by the COVID-19 pandemic. Many companies have implemented remote work policies, and employees are increasingly demanding flexibility in their work...
New Chipotle and Super Wawa Coming to Kennett Square
Kennett Square, Pennsylvania is about to welcome a new development to its bustling commercial landscape. Located at 804 E. Baltimore Pike, the project is being developed by Wright Partners and is set to include a new Chipotle with a pick-up window and a new Super...
How to Maximize Your Commercial Real Estate Investment with Tenant Improvements
In this blog, we’ll be sharing some advice on how landlords can maximize their commercial real estate investment with tenant improvements. Prioritize Improvements That Add Value When making tenant improvements, it’s essential to focus on those that will...
Kennett Square resident and small business owner Deisy Tapia opened Deisy’s Cake Shop
KENNETT SQUARE — Deisy Tapia, who just celebrated her 30th birthday, never gave up on her dreams. She opened Deisy’s Cake Shop in March 2020 at 315 W. State St., Kennett Square, at the onset of the pandemic shutdown in Pennsylvania. View the Full Story Categories...
New Royal Farms gas station under construction on Midlothian Turnpike in Chesterfield
CHESTERFIELD, Va. (WRIC) — A new Royal Farms gas station is under construction on Midlothian Turnpike, the first in Chesterfield County. The gas station, located at the intersection of Midlothian Turnpike and Sturbridge Drive, will be just the second of the...
Trends That Will Shape Commercial Real Estate in 2023
The commercial real estate (CRE) market has experienced many disruptions in the past few years and likely has challenges ahead. Difficulties like high inflation rates, the rise of e-commerce and supply chain difficulties persist. Yet the commercial real estate...
Crumbl Cookies opening in Glen Mills
A Crumbl Cookies location is opening Feb. 17 in Glen Mills. The store — locally owned by Devin Acton with partners Kyler Roney and Nico Niccoli — will be located at 1751 Wilmington Pike, Suite C2. The company says the owners are eager to serve delicious treats to...
What is a Sale-Leaseback in Commercial Real Estate?
A commercial real estate sale-leaseback is a specific kind of agreement between a property seller and a buyer. This arrangement has several benefits for property owners, especially businesses seeking an alternative financing option. Learn more about real estate...
How to Negotiate a Commercial Lease
If you’re planning or considering signing a commercial lease, you must know how to negotiate to get the best deal. A commercial lease can be intimidating for first-time tenants, but it’s essential not to skip over the negotiation process. While many people...
8 Tips to Market Your Commercial Property
Selling a commercial property takes time, effort and finesse. Whether you’re choosing to sell your property by yourself or using a real estate broker to find investors, you can use different strategies to find serious, qualified buyers for your commercial...
Royal Farms Sets Grand Opening In Brick At Last, Company Confirms
BRICK, NJ — Four years after the Brick Township Board of Adjustment approved the application, Royal Farms is poised to hold its grand opening at last, company officials confirmed Wednesday evening. View the Full Story Categories Blog Events Industry News Social Media...
8 Ways to Add Value to Your Commercial Property
If you own or manage a commercial property or are considering purchasing commercial real estate (CRE), you should know how to add value to your property. Value-add opportunities for CRE typically include making improvements in an effort to enhance its value and...
10 Things to Look for in a New Office Space
Your office should reflect your company culture. The ideal office space can benefit your company’s productivity, morale and reputation. In the long run, it can affect your organization’s growth and success. That’s why, when you’re searching for...
Residential vs. Commercial Real Estate Investing
Investing in real estate can be an excellent way to boost your income and build your investment portfolio. Before investing, you must determine whether you want to invest in commercial or residential real estate. Experienced investors often invest in both types of...
What is Flex Space? Everything You Need to Know
As the world evolves, the needs of employees change. As an employer, navigating these changing needs and providing the proper workspace to accommodate them will make you more successful in the long run. The right space can also help solve many problems you may...
Commercial Real Estate Glossary
Every industry uses its unique language to communicate with others in the field easily, and commercial real estate (CRE) is no exception. It can be easy to feel overwhelmed if you’re unfamiliar with CRE lingo. New professionals often find it challenging to keep...
Pennsylvania will finally grant the tax deferral benefit of 1031 like-kind exchanges beginning in 2023
What does that mean for real estate professionals and their clients? A 1031 exchange allows the seller of business use or investment property to defer the gain when exchanging for another business use or investment property. An exchange is much like the sale of one...
Philadelphia’s First Topgolf Location Opens In Somerton Near Roosevelt Boulevard
The city’s first Topgolf location is located right off Roosevelt Boulevard in Northeast Philadelphia. It features three floors, multiple bars, and more than 100 hitting bays, where golfers of any age and ability can let loose. View the Full Story Categories Blog...
Hanks Place files rebuild plan
The march to get Chadds Ford’s iconic restaurant back up and running has begun. But, when it will all come to fruition for the owners of Hank’s Place remains a guess. As most everyone in the area knows, Hank’s was wiped out in the flooding from Hurricane Ida, and...
2 New Food Establishments Planned for Lawrence Park Center in Broomall
Food lovers will have to wait a bit, but there are two establishments getting ready to take up space at the Lawrence Park Shopping Center in Broomall, writes Max Bennett for patch.com. A P.J. Whelihan’s Pub is slated to open a new location at the center in about nine...
New Ace Hardware Store opening in New Garden later this month
NEW GARDEN — Ace Hardware, which has opened 110 new stores this year, will open another in New Garden Township by the end of the month. View the Full Story Categories Blog Events Industry News Social Media Zommick McMahon In The News Follow Us Follow us on Twitter...
Fine Print: Chicago firm enters market with $5.9M Exton deal; Bryn Mawr building sells
Zommick McMahon Commercial Real Estate Agents Steve DiBattista and Ron Casey, Exclusive Listing Agents for the seller, sold 610 Old Lancaster Ave to an affiliate of Provco Group for $1.2m. View the Full Story Categories Blog Events Industry News Social Media Zommick...
Royal Farms is coming to the Jersey Shore
Covid-19 and other unforeseen issues were the majority of the delays to Royal Farms. There have been some major updates on the Royal Farms with a gas station. View the Full Story Categories Blog Events Industry News Social Media Zommick McMahon In The News Follow Us...
Topgolf Adding Two More Nearby Links to Its Chain of High-Tech Driving Ranges
Topgolf’s two new, local sites will make it very easy for Chester County golfers to practice short pitches and monster tee-shots, all while enjoying beverages and snacks. Natalie Kostelni for the Philadelphia Business Journal reports on the brand’s extension into both...
Zommick McMahon Listing a Rare Opportunity to Own a Turnkey, Standalone Industrial Building in West Chester
A 15,300-square-foot industrial building on 1.86 acres in West Chester is on the market and listed by Zommick McMahon Commercial Real Estate. View the Full...