PHILADELPHIA SUBURBS DRAW FRESH RETAIL BLOOD

Retail and restaurant operators looking to enter or expand within the Philadelphia metro area are

increasingly looking at suburban locations, and owners of those properties and seasoned brokers within the market both say there’s more to the trend than a simple lack of availability in key urban

retail nodes. “The suburbs have been the preferred asset class — to some degree the first choice — for some retailers,” says Kari Glinski, vice president of asset management at regional owner-operator Federal…

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