Recent Development Projects

Oregon Avenue & 22nd St., South Philadelphia

Kahn & Company has recently completed the redevelopment and re-tenanting of a 38,000 square foot former Sears Store on Oregon Avenue in South Philadelphia. The 100% occupied shopping center includes Save-A-Lot Supermarket, Family Dollar, T-Mobile and Advance Auto Parts.

Starbucks Coffee

Kahn & Company has developed three Starbucks stores to date including the first of a new prototype store in Northeast Philadelphia pictured above. This store, opened in December 2008, represents Starbucks first store ever in the "Great Northeast" section of the City of Philadelphia. The sleek metal and plank design was selected in light of to the character of the immediate neighborhood with Northeast Philadelphia Airport positioned on the opposite corner.

Swiss Farm Convenience Stores

Kahn & Company has served as the preferred Developer for Swiss Farm Stores throughout Suburban Philadelphia, completing two ground-up Build-to-Suit projects recently in Delaware and Chester Counties. The stores are located on Springfield Road by Bishop Avenue in Clifton Heights, and Route 352 & Paoli Pike in East Goshen.

Gas Station Conversion

Kahn & Company continues to specialize in the conversion of gas stations to retail uses, as it has over the past 40 years. Recent projects within the Kahn portfolio include conversions of former two and three bay repair garages to Starbucks (Newtown Square), Dunkin' Donuts (Warminster), Bruster's Ice Cream (Lower Southampton), and a joint Rita's Water Ice/Subway Sandwiches in Willow Grove.

Shopping Center Redevelopment

Kahn & Co. oversaw management and redevelopment of the Market Square Shopping Center at Chestnut Hill, a 113,000 square foot center anchored by a newly built 48,000 square foot Superfresh supermarket. The project involved the demolition of a 13,000 square foot twin screen movie theatre, and 12,000 square foot pad building. The new construction grew to 71,000 square feet and included new leases to Radio Shack, Blockbuster Video, Citizens Bank, UPS, Quizno's and a variety of local retailers. The property successfully reached 100% occupancy in 2006. Following full stabilization of the Center, the property was sold in mid 2007 to a shopping center investment firm in Manhattan.

Future Development

Kahn & Company has formed Seed Partners, LP with a variety of partners to purchase recently vacated or challenging real estate projects throughout the suburban Philadelphia Marketplace. We look forward to opportunities to create value where vacancy and disrepair have driven down a property's potential to be useful to the community surrounding it. Seed Partners is prepared to purchase properties of any size and expeditiously move toward a prompt settlement. We look forward to reviewing all opportunities in the metropolitan Philadelphia region.