The commercial landscape of Fishtown continues to evolve with the arrival of a unique new tenant at 965 Frankford Avenue.
As recently reported by the Philadelphia Inquirer, the space formerly occupied by Vince’s Pizzeria is being transformed into “In Crust We Trust,” a new pizzeria concept from entrepreneur Anyae Wilson Worley.
The Role of MPN Realty MPN Realty was instrumental in facilitating this transition for the Frankford Avenue corridor. Nadia Bilynsky of MPN represented the landlord in the lease negotiations, ensuring that this prime location remained a focal point for the neighborhood’s ongoing retail growth. By securing a tenant with a fresh and culturally significant vision, MPN continues to demonstrate its expertise in matching property owners with innovative businesses that enhance the local community.
Wider Market Implications This deal highlights several key trends currently shaping the Philadelphia commercial real estate market:
- Corridor Strength: The rapid turnover of this space, located directly across from the Fillmore, proves the continued strength of the lower Frankford Avenue corridor. This area remains a top priority for retailers seeking high visibility and consistent foot traffic.
- The Rise of Specialized Concepts: In Crust We Trust will offer a menu inspired by the history of Black Philadelphia, featuring New York style pies with creative twists like cornbread dusted crusts and collard green toppings. This move toward storytelling through food reflects a broader trend where tenants seek to offer experiential retail rather than just a standard product.
- Entrepreneurial Growth: The arrival of Wilson Worley, who brings experience from her family’s established restaurant group, signals a healthy environment for the next generation of business owners to take root in the city.
- Second Generation Space Demand: The transition from one pizzeria to another demonstrates the ongoing demand for “second generation” restaurant spaces. These locations are highly sought after because they allow for faster openings and reduced initial infrastructure costs for new operators.
As Fishtown continues to attract diverse and creative talent, MPN Realty remains at the forefront of the transactions that define the future of this dynamic district.
Looking for the right space for your business or interested in our landlord representation services? Contact MPN Realty today to learn more about our current opportunities.
