Posted Feb 6, 2017, 8:25 PM
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Moderator
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Join Date: Oct 2011
Location: Philadelphia
Posts: 18,367
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Quote:
Originally Posted by New2Fishtown
130,000 square feet of retail total across the three buildings currently under development (there would be more in the future phases on Chestnut). Rough math says that of the 130,000, the following is already spoken for:
MOM's: 16,000
Iron Hill: 8,450
Wawa: 7,000 (reported in PBJ only, have not seen this confirmed)
Design Within Reach: 15,000
Total: 46,450
So that means we've got about 83,550 s.f. left to lease. Depending on the footprint and mix of the remaining tenants, that could mean anything from half a dozen to several dozen additional tenants.
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You might be right on the total being 130,000 for the full project. A larger store like Primark would take out a lot of that. The one in KOP is 80,000 square feet. Even a smaller one around 50-60,000 square feet will take out a lot.
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