Conshohocken
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One Tower Bridge in West Conshohocken Put On Market
One Tower Bridge office building in West Conshohocken, owned by an Oliver Tyrone Pulver and the AFL-CIO Building Investment Trust partnership, has been put on the market. The 15-story, 271,138-square-foot property opened thirty-one years ago and is currently 89 percent leased. Among the tenants is Morgan Stanley, which leases around 37 percent of the buildings…
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Netflix’s New Reality Show Features Several Local Contestants and Hilarious Participant Attempts to Pronounce Conshohocken
Netflix’s new reality TV show “The Circle” that is all about appearing cool on social media, features a son and mother duo from Conshohocken and a graduate from Cabrini University in Radnor, writes Sinead Cummings for the Philly Voice. The show’s contestants live in the same building but can only communicate with each other using…
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IKEA Settles for $46 Million with Parents of 2-Year-Old Boy Who Died When Recalled Dresser Toppled On Him
IKEA, the Swedish home furnishings giant with its U.S. headquarters in Conshohocken, will have to pay $46 million to the family of a boy who was killed when a recalled dresser fell on him, writes Ellie Rushing for The Philadelphia Inquirer. Two-year-old Jozef Dudek died in May 2017, when the Malm dresser fell on him…
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Pottsgrove Fortnight Gamer and Marketing Director Make Forbes’ 30 Under 30 List
Kyle “Bugha” Giersdorf, a 16-year-old gamer from Pottsgrove, and Jessica Romanelli David, the director of marketing at West Conshohocken-based SeventySix Capital, have made Forbes’ 30 Under 30 list for 2020, writes Paige Gross for the Technical.ly. The annual list highlights entrepreneurs who are “proof positive that the future will be new, exciting, and profoundly different.”…
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Conshohocken Steel Plant May Change Owners, Add Jobs
Conshohocken steel plant currently, owned by ArcelorMittal, is reportedly up for sale and could potentially add more jobs in the future due to a new defense contract for submarines, writes Kevin Tierney for the More Than The Curve. The current owner idled a portion of the plant two years ago and laid off around 150…
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Conshohocken-Based WealthHub Solutions Raises $1.5M From Local Investor
Conshohocken-based WealthHub Solutions has completed a $1.5 million seed round from investor Richard Vague, managing partner of Gabriel Investments, writes Michelle Caffrey for the Philadelphia Business Journal. The fintech startup is hoping to capitalize on the traction of its product, a workflow software platform aimed at managers of trusts and family offices. WealthHub Solutions CEO…
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Conshohocken-Based RW Partners, Vastgood Properties Acquire Portfolio Of Giant Supermarket-Anchored Shopping Centers
A Conshohocken-based real estate investment and development firm RW Partners partnered with Vastgood Properties to acquire a portfolio of seven Giant supermarket-anchored shopping centers throughout mid-to-eastern Pennsylvania for $127 million, writes John Jordan for the GlobeSt.com. The partnership has secured $97 million in acquisition financing from New York City-based Meridian Capital Group. The portfolio spans…
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HomeServe Buys Controlling Stake In Conshohocken-Based eLocal Holdings
HomeServe, based in the U.K., has acquired a controlling stake in Conshohocken-based eLocal Holdings, for $140 million, writes Joseph N. DiStefano for The Philadelphia Inquirer. eLocal Holdings specializes in “pay per call” and “pay per lead” consumer sales leads for home repair, debt, addiction, and legal services firms. The group led by LLR invested $25…
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Conshohocken Girl Busy Preparing Signs for 100th Thanksgiving Parade Celebration
Nine-year-old Catrina Costa from Conshohocken is busy making signs for this year’s Thanksgiving Day Parade in Philadelphia, continuing a tradition she began as soon as she learned how to write, according to a staff report from the 6ABC. Costa has attended the parade celebration every year of her life, the more recent ones always with…
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Conshohocken-Based David’s Bridal Reaches Debt Deal That Will Keep Its Stores Open
David’s Bridal, the Conshohocken based wedding-gown merchant, has reached a debt deal following Chapter 11 bankruptcy that will keep the wedding chain running, writes Katherine Doherty for Bloomberg. The retailer held talks with a number of lenders and equity holders, including Oaktree Capital Group. Certain stakeholders agreed to sign an agreement that reworks around $280…
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Conshohocken Professional Matchmaker Shares Advice On Making a Good First Impression
Dating in the digital world may be convenient and easy, but a lot of people get it wrong, said Kristi Price, a professional matchmaker and dating coach with Conshohocken-based KP Matchmaking, writes Jennifer Joyce for the Fox 29 Philadelphia. “A lot of people think they know how to present themselves online but they really don’t,”…
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See Which Montco ZIP Codes Are Among Top 30 in Philly Area with Highest ROI
Six Montgomery County ZIP Codes are among the top 30 ZIP Codes in the Philadelphia area with the highest return on investment over the last decade, writes Kennedy Rose for the Philadelphia Business Journal. The entire greater Philadelphia is considered a very hot housing market with home prices climbing steadily in recent years. According to…
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AmerisourceBergen Is Teaming Up With UPS for Drone Delivery of Drugs and Supplies
Conshohocken-based AmerisourceBergen is teaming up with UPS to use the shipping giant’s new Flight Forward “drone airline” to deliver drugs and supplies to hospitals across the country, writes Joseph N. DiStefano for The Philadelphia Inquirer. UPS is already using drones in North Carolina and will soon expand that use to Utah. The Atlanta-based company has…
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Former Johnson Matthey Chemicals Plant in Conshohocken To Be Converted into Warehouse Complex
The former Johnson Matthey chemicals plant in Conshohocken is going to be converted into a warehouse complex by a unit of Boston’s Novaya Real Estate Ventures, writes Jacob Adelman for The Philadelphia Inquirer. Novaya Foxfield Industrial acquired the 29-acre property for an undisclosed amount and is planning to clear it for its new 350,000-square-foot complex.…
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Hamilton Lane Moving to Conshohocken from Bala Cynwyd So Employees Can Be in One Location
Hamilton Lane has signed a long-term lease to move its Bala Cynwyd headquarters to a yet-to-be-developed Seven Towers building in Conshohocken to get its employees under one roof, writes Natalie Kostelni for the Philadelphia Business Journal. The company’s headquarters is currently housed in three buildings in Bala Cynwyd. In its search for a new home,…
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MONTCO Careers – IKEA
With its U.S. headquarters located in Conshohocken, IKEA is a multinational group of companies that designs and sells ready-to-assemble furniture (such as beds, chairs, and desks), appliances, and home accessories. Recruitment and Onboarding Specialist This position works closely with the country recruitment team to ensure execution of approach and process; builds effective sourcing, assessment, and closing approaches;…
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IKEA Plans to Increase Its NYC Presence with New Format Store
IKEA, the Swedish home furnishings giant with headquarters in Conshohocken, is planning to increase its NYC presence with a new format store in Queens, writes Clint Engel for the Home Textiles Today. At 115,000 square feet, the store will be less than half the size of IKEA’s largest stores nationwide, but it will still be…
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Oliver Tyrone Pulver Secures Anchor Tenant, Financing for Conshohocken $112M Office Building
With financing and an anchor tenant in place, Oliver Tyrone Pulver is now ready to start building Seven Tower Bridge, a $112 million office building in Conshohocken, writes Natalie Kostelni for the Philadelphia Business Journal. The 14-story riverfront building will be anchored by Hamilton Lane, which will move from its current offices in Bala Cynwyd.…
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