Philadelphia Business Journal
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Fanatics, Subsidiary of Conshohocken-Based Kynetic, Raises $350M in Funding Round
Fanatics, a subsidiary of Conshohocken-based Kynetic, has rased $350 million in a funding round catapulting the valuation of the online…
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Stein Mart Closing Several Area Stores
Stein Mart has filed for Chapter 11 bankruptcy and is currently in the process of closing most of its brick-and-mortar…
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Philadelphia Eagles Increase in Value by Estimated $300 Million, Jump One Spot in Forbes’ Rankings
The Philadelphia Eagles have increased in value by approximately $300 million over the last year and have thus climbed one…
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Customer Geographic Diversity Means Blue Bell-Based Unisys Is Seeing Some of Its Revenue Bounce Back
With customers in over 90 countries and operations in more than 40, Blue Bell-based Unisys is already starting to see…
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Hamilton Lane Reduces Office Space Use at Seven Tower Bridge, Plans to Sublet in Light of Pandemic
In response to the changes in office space usage during the coronavirus pandemic, Hamilton Lane is planning to reduce its…
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Ruth’s Chris Steak House in King of Prussia Another Victim of COVID-19 Pandemic
As a result of the ongoing coronavirus pandemic that is decimating the nation’s restaurant industry, Ruth’s Chris Steak House in…
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Whitpain Agrees to Acquire Mermaid Lake Swim Club, Preserve It As Recreational Facility
Mermaid Lake Swim Club, which was slated for development as a residential community, will instead be acquired by Whitpain Township…
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While Malls Rebound, Their Anchor Stores Continue to Struggle
Though malls in Montgomery County joined many other regions in beginning to reopen in June, this move has not done…
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Myoderm Begins Development on New Headquarters, Warehouse Facility in Horsham
Myoderm, the provider of clinical trial services to pharmaceutical companies, has begun development on its new headquarters and warehouse facility…
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Sale of Exton Property the Largest Standalone Industrial Investment in Philly Suburbs This Year
Angelo Gordon & Co. paid $47.53 million for a 423,217-square-foot Exton building that will be USSC Group’s headquarters and manufacturing…
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Conshohocken’s Firstrust Bank Is New Official Bank Sponsor of Philadelphia Eagles
Conshohocken-based Firstrust Bank is the new official bank sponsor of Philadelphia Eagles, write John George and Jeff Blumenthal for the…
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For Hatboro Dentist, Coronavirus Reaffirmed His Love for His Job
Having to close his Hatboro dental practice for two months due to the coronavirus pandemic reaffirmed something important for Dr.…
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Spring House-Based Company Raises $2.3M to Manufacture COVID-19 Nasal Antiseptic, Mouth Rinse
Spring House-based Halodine has raised $2.3 million through a private stock sale to scale up manufacturing of its antiseptics that…
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Anthology Senior Living Nearing Completion, COVID-19 to Present ‘Biggest Challenge’ in Leasing
Anthology Senior Living community at The Village at Valley Forge in King of Prussia is nearing completion, but CA Ventures…
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Suburban Office Market Seeing New Trends Emerging, Deals are Still Being Made
Despite the pandemic, the suburban office market is seeing new long-term deals finalized and new trends emerging that are pushing…
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Jenkintown-Based Galman Group Reaches First Milestone of $30M Renovation Plan for Apartment Complexes in Delaware
Jenkintown-based Galman Group completed the first phase of its $30 million renovation plan for the once struggling apartment complexes in…
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Coronavirus Pandemic Accelerates Bryn Mawr Trust’s Plans to Shift Significant Number of Employees to Remote Work
The coronavirus pandemic has accelerated Bryn Mawr Trust’s plans to shift a significant number of its employees to permanently working…
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Valley Forge Tourism and Convention Board Developing Marketing Strategy to Reignite Area’s Tourism Scene
The Valley Forge Tourism and Convention Board is working hard on developing a marketing strategy to help reignite the area’s…
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