Uncle Giuseppe's First Pennsylvania Store Just Tightened Philadelphia Retail Space for Lease in King of Prussia
The New York gourmet grocer is taking DeKalb Plaza in King of Prussia and East Gate Square in Moorestown, its first Pennsylvania location and 15th store overall, opening late 2027.
Uncle Giuseppe's Marketplace is opening its first Pennsylvania location at DeKalb Plaza, 320 W. DeKalb Pike in King of Prussia, alongside a second store at East Gate Square, 1311 Nixon Drive in Moorestown, New Jersey. Both are expected to open in late 2027. The New York-based gourmet grocer currently runs 13 locations across New York and New Jersey, and CEO Carl DelPrete says the company only expands where it's confident it can deliver the same experience customers already expect.
A specialty grocer taking two sites in one announcement removes two large-format boxes from the market at once, in two different states, in corridors we already track. If you're representing anchor space in Montgomery or Burlington counties, this fills part of the pipeline landlords were counting on, and it raises the bar for what the next specialty grocer entering this market needs to offer to compete.
Tracking the suburbs? See our take on Montgomery County commercial real estate.
Source: The Philadelphia Inquirer, Philadelphia Business Journal
Why it matters
A gourmet grocery chain just took its first Pennsylvania location and a second New Jersey store in one announcement. Large-format grocery competition for suburban Philadelphia sites keeps getting tighter.
Related service
Retail Site Selection →More insights
Zoto's Diner Closes After 53 Years, Sheetz Wants the Land
The Zotos got an unsolicited offer for their four acre Route 309 property, and Sheetz is already in front of Hatfield Township for approvals to tear down the diner and build a gas station.
A 248-Unit King of Prussia Apartment Building Just Got Refinanced for $107.5 Million
SMBC provided the loan on Skye 750 as part of a nearly 600 unit package that also covers a Dallas area property, arranged through CBRE's debt advisory team.