Philadelphia Business Journal
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Ten Penn Center Sold in $30M Deal, Conversion Project to Follow
The sale of Ten Penn Center is now complete, closing a $30 million deal, writes Paul Schwedelson for the Philadelphia…
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Legal Action Emerges at Discovery Labs as MLP Ventures Pursues $1B Refinancing
Innovation 411, the centerpiece of King of Prussia’s Discovery Labs campus, is now at the center of a legal standoff,…
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A Tale of Two Hospitals: Still Stalled in Springfield, but Progress at Taylor
Springfield Township officials continue to question the lack of plans for the shuttered Springfield Hospital by its new potential buyers,…
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TD Bank Closing 51 Branches Nationwide, Including One in Chester County
As part of a move toward a digital-centric retail model, TD Bank intends to close 51 branches across 12 states,…
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Orchestra Life Sciences Headquarters Moving from Canada to Philadelphia Navy Yard with Planned Expansion
Orchestra Life Sciences is moving its headquarters from Montreal in Canada, to the Philadelphia Navy Yard as it prepares for…
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Historic Rittenhouse Square Apartment Building, The Drake, Sells to Group of Four Investors
The Drake, a historic apartment building in Rittenhouse Square that has been in the city for nearly a century, has…
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Wayne-Based SEMCAP AI Leads $8 Million Series A Investment In Lula Commerce
Wayne-based SEMCAP AI led an $8 million Series A round for Lula Commerce, a Philadelphia startup that is planning to…
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Ohio Investment Firm Buys Quarry Center in Havertown for $80M
The Quarry Center at 116 Township Line Road in Havertown has been sold for more than $80 million to Ohio-based…
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Temple University Considering Options for Ambler Campus, Including Potential Sale
Temple University is currently considering the options available for its underused 187-acre Ambler campus, including developing partnerships or potentially even…
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Conshohocken’s Morgan Properties Expands Affordable Housing Impact
Morgan Properties, the Conshohocken-based real estate powerhouse, is expanding its footprint in the affordable housing space, writes Ryan Mulligan for…
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Four Chester County Companies Make List of Top 50 Largest Women-Owned Businesses in Region
Four Chester County companies have found their place on the list of the 50 largest women-owned businesses in Greater Philadelphia,…
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Main Line Health CEO Tackles Surge at Bryn Mawr and Riddle Hospitals
Main Line Health has been under pressure since Crozer Health’s collapse earlier this year left the area without a trauma…
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Bryn Mawr Chemist Launches Luxury Skincare Line for Women Over 40
A Bryn Mawr chemist and former pharmaceutical executive is bringing scientific precision to the skincare industry, writes John George for…
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Ohio Investment Firm Buys Quarry Center in Havertown for $80M
The Quarry Center at 116 Township Line Road in Havertown has been sold for more than $80 million to Ohio-based…
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Toll Brothers Plans Massive Age-Restricted Community on 100 Exton Acres
Toll Brothers has paid $70 million for a 100-acre site in Exton, where it plans to construct its largest age-restricted…
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Stateside Vodka Takes Anheuser-Busch to Court, Accusing Beer Giant of Copying Surfside Brand
Philadelphia-based Stateside Vodka is suing Anheuser-Busch InBev, claiming the company’s recently launched canned cocktails copied the design of its highly…
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Six Bucks County Companies Make List of the Largest Women-Owned Businesses in Greater Philadelphia
Several Bucks County businesses made a recent list of the 75 largest women-owned businesses in the Greater Philadelphia area, reports…
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South Jersey Firm Buys Willow Grove’s North Crossing Apartments
A South Jersey company is investing big in Willow Grove’s rental market, writes Ryan Mulligan for the Philadelphia Business Journal.…
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