Oak Street Health Continues Expansion in Philadelphia
Richard L. Soloff of Soloff Realty & Development, Inc. concluded a 8,000 SF lease with Chicago-based Oak Street Health, a fast-growing network of primary care centers providing a new model of value-based care for adults on Medicare. They will occupy a junior anchor position at Strawberry Square Shopping Center (2301 N. 29th Street, Suite 500 | Philadelphia, PA 1913). This Oak Street’s 10th location in Philadelphia.
“Healthcare tenants continue to provide an ideal solution for large vacant retail pockets in urban areas,” said Richard Soloff of Soloff Realty & Development, Inc. “It makes perfect sense for the professional services market to be embedded within the community it serves,” he added.
Soloff represented the landlord in this transaction. Oak Street Health was represented by Scott Benson of Metro Commercial.
Other tenants within the center include, Save-a-lot, Rite Aid Pharmacy, Rainbow, Dollar Plus, Hair Town, and Checker’s & KFC on pads. Only one vacancy – of 3,680 SF – remains.