Philadelphia Restaurant Real Estate Transactions | Sales & Leases
Restaurant Sales, Leases & Acquisitions in Philadelphia
Billy Creagh of National Realty Commercial has represented restaurant owners, buyers, sellers, landlords and tenants in commercial real estate transactions throughout Philadelphia.
His completed restaurant transactions include restaurant property sales, restaurant business sales, acquisitions and leases in neighborhoods including Old City, Washington Square West, Rittenhouse Square, Fairmount and Fishtown.
The transactions below highlight Billy’s experience helping restaurateurs, investors, property owners and tenants navigate Philadelphia’s restaurant real estate market.
Featured Restaurant Transactions
SOLD — MIXTO Restaurant
1141 Pine Street, Philadelphia | Washington Square West
3,532 SF | Representing Buyer & Seller
Billy Creagh represented both parties in the sale of the MIXTO restaurant property at 1141 Pine Street in Philadelphia’s Washington Square West neighborhood.
SOLD — Lucha Cartel Restaurant
205–207 Chestnut Street, Philadelphia | Old City
2,419 SF | Representing Buyer & Seller
A unique Old City transaction involving former restaurant coworkers who came together to purchase the building. Billy Creagh represented both sides of the transaction.
SOLD — Restaurant Business with a New Lease
2501 Meredith Street, Philadelphia | Fairmount
1,500 SF | Business Sale
Formerly the location of FIGS, this restaurant transaction involved the sale of the established restaurant business.
LEASED — Former Vince's Pizzeria
965 Frankford Avenue, Philadelphia | Fishtown
2,609 SF | Representing Tenant
Billy Creagh brokered the lease of this prominent corner restaurant location, formerly occupied by Vince’s Pizzeria.
SOLD — Shirt Corner
302 Market Street, Philadelphia | Old City
2,840 SF | Representing Buyer
Billy Creagh represented the buyer in the acquisition of this Old City commercial property, which became a new neighborhood location for Dunkin’.
LEASED — Restaurant, Corner Location
118 Market Street, Philadelphia | Old City
3,000 SF | Representing Tenant
Billy Creagh represented a restaurateur in the lease of this prominent Old City corner location.
LEASED — Restaurant in Rittenhouse
1901 Chestnut Street, Philadelphia | Rittenhouse Square
2,180 SF | Representing Tenant
Billy Creagh represented the tenant in the lease of this Rittenhouse Square restaurant location for Saints Restaurant.
LEASED — Restaurant / Brewery + Liqour license
117 Chestnut Street, Philadelphia | Old City
7,800 SF | Representing Tenant
Billy Creagh brokered the lease of this substantial Old City restaurant space, representing the restaurant tenant.
LEASED — Dunkin'
1001 Chestnut Street, Philadelphia | Washington Square West
2,300 SF | Representing Tenant
Billy Creagh represented the tenant in securing this Philadelphia location for Dunkin’.
SOLD — 110 Chestnut Street
110 Chestnut Street, Philadelphia | Old City
5,340 SF | Representing Seller
Billy Creagh represented the seller in the sale of this Old City restaurant property for $1.525 million.
SOLD — 1420 Locust Street
1420 Locust Street, Philadelphia | Rittenhouse Square
4,500 SF | Representing Buyer
A commercial property acquired by a restaurant business for $1.15 million. Billy Creagh brokered the transaction.
LEASED — Little Susie's Coffee & Pie
140 Chestnut Street, Philadelphia | Old City
1,040 SF | Brokered by Billy Creagh
Billy Creagh brokered the lease of this Old City location for Little Susie’s Coffee & Pie.
LEASED — Aroma Bakery & Coffee
160 North 3rd Street, Philadelphia | Old City
1,000 SF | Representing Landlord
Billy Creagh represented the landlord in leasing this Old City bakery and café space.
SOLD — Effie's Restaurant Property
1127 Pine Street, Philadelphia | Washington Square West
1,725 SF | Brokered by Billy Creagh
Billy Creagh brokered the sale of this Washington Square West restaurant property for $1 million.
LEASED — Il Gusto Restaurant
114 Chestnut Street, Philadelphia | Old City
2,000 SF | Representing Landlord
Billy Creagh represented the landlord in leasing this Old City restaurant space to Il Gusto Restaurant under a 10-year triple-net agreement.
LEASED — 114 Chestnut Street 2024
114 Chestnut Street, Philadelphia | Old City
2,000 SF | Representing Tenant
Billy Creagh represented Markaki in the lease of this Old City retail space, with a published asking rent of $24 per square foot.
LEASED — The Tun Tavern
205–207 Chestnut Street, Philadelphia | Old City
2,400 SF | Representing Landlord
Billy Creagh represented the landlord in leasing this Old City restaurant space to The Tun Tavern under a five-year triple-net agreement.
LEASED — Tacobees
236 Market Street, Philadelphia | Old City
2,000 SF | Representing Tenant
Billy Creagh represented Tacobees in securing this Old City restaurant location, with a published rent of $42 per square foot.
LEASED — The Workshop Middle School
319 Market Street, Philadelphia | Old City
1,000 SF | Brokered by Billy Creagh
Billy Creagh brokered the lease of this Old City retail space to The Workshop Middle School.
LEASED — Buena Vista
123 Chestnut Street, Philadelphia | Old City
9,403 SF | Representing Tenant
Billy Creagh represented Buena Vista in leasing this substantial Old City restaurant space, with a published rent of $23 per square foot.
Philadelphia Restaurant Real Estate Experience
Restaurant real estate transactions can involve more than simply finding a space. Depending on the assignment, a transaction may involve the sale of a restaurant business, the purchase or sale of the underlying real estate, a new restaurant lease, an assignment or negotiation of a commercial lease, or the acquisition of a property for a new restaurant concept.
Billy Creagh’s completed transactions include assignments involving buyers, sellers, landlords and restaurant tenants, providing experience across different sides of the Philadelphia restaurant real estate market.
His transaction experience spans established restaurant corridors and neighborhoods throughout Philadelphia, including Old City, Washington Square West, Rittenhouse Square, Fairmount and Fishtown.
Looking for Restaurant Real Estate in Philadelphia?
Whether you are buying a restaurant, selling a restaurant property, leasing restaurant space, acquiring commercial real estate for a restaurant, or looking for a tenant for a restaurant property, Billy Creagh and National Realty Commercial can help you evaluate the real estate opportunity.
Transaction information is presented for informational purposes. Specific transaction details and representation should be confirmed with National Realty Commercial.