Philadelphia Business Journal
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King of Prussia Mall Sales Exceed Pre-pandemic Levels While Other Retail Centers Across the Nation Falter
Shoppers have returned to the King of Prussia Mall in full force, driving sales above pre-pandemic levels and cementing its…
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Montgomery County Mall Sells for $55 Million to a New York Firm in Foreclosure Sale
Kohan Retail Investment Group, a New York-based shopping mall investment company, has bought Montgomery Mall in a foreclosure sale for…
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Home Sales in Montgomery County Continue to Drop, Yet Housing Prices Continue Rising
According to a new housing report, home sales in the Philadelphia area continued to drop in October as the “unusually…
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2 Montco Companies Rank Among 500 Fastest-Growing Technology & Life Sciences Companies in North America
Deloitte has published its latest report of the 500 fastest-growing technology and life sciences companies in North America and two…
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Lansdale Distillery Expanding to Accommodate Its Growing Ready-to-Drink Cocktails
Boardroom Spirits is more than doubling its Lansdale headquarters as it expands its new ready-to-drink cocktail program that proved popular…
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Greenphire Expands King of Prussia Headquarters, Prepares for Major Growth in Workforce
Greenphire has more than doubled its headquarters in King of Prussia and is planning to double the number of its…
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Pottstown Hospital Nurses Vote ‘Overwhelmingly’ to Ratify New Contract
Pottstown Hospital nurses, who are represented by the Pennsylvania Association of Staff Nurses and Allied Professionals, have voted “overwhelmingly” to…
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CTI Foods Plans to Close King of Prussia Plant, Offer Workers Hope With Possibility of New Operator
CTI Foods has warned state officials that it is planning to close its meat processing plant in King of Prussia,…
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Johnson & Johnson, With Significant Presence in Montgomery County, to Separate Into Two Businesses
Johnson & Johnson, with a significant presence in Montgomery County, will separate into two public businesses, writes John George for…
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Lower Gwynedd-based Anpac Bio-Medical Expects to Raise $2.5M in Public Stock Offering
Anpac Bio-Medical Science, a Chinese biotechnology company with its U.S. headquarters in Lower Gwynedd, expects to raise $2.5 million in…
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Souderton-based Almac Group Plans to Hire 300 Employees, Primarily at Its Three Montco Locations
Almac Group, with its U.S. headquarters in Souderton, is planning to hire 300 people over the next three years to…
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Fort Washington-based Toll Brothers Lines Up $100M Loan for Philadelphia Apartment Project
Fort Washington-based Toll Brothers has secured a $100.2 million construction loan through Wells Fargo for an apartment complex in Philadelphia,…
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Select Properties to Build Mixed-Use Community on Site of Former Souderton Area High School
Colmar-based Select Properties is moving ahead with its planned mixed-use project that will be constructed on the site of the…
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More Than 70% of Bryn Mawr Bank Employees Receive Job Offers from WSFS Financial Ahead of Merger
WSFS Financial has extended offers to over 70 percent of Bryn Mawr Bank employees to remain with the combined company…
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King of Prussia Mall’s Teen CEO of Spergo Streetwear Brand Appears on ‘Shark Tank’
Trey Brown, the 15-year-old CEO of streetwear brand Spergo with a location in King of Prussia Mall, appeared on Friday’s…
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King of Prussia-based Morgan Properties Purchase Two Large Apartment Portfolios for $780.5M
King of Prussia-based Morgan Properties, which focuses on Class B multifamily properties, has acquired two large apartment portfolios throughout the…
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Lower Gwynedd Native, Philadelphia Finance Exec Nominated to Serve on Federal Retirement Thrift Investment Board by Biden
President Joe Biden has nominated Mike Gerber, a Lower Gwynedd native, former Pennsylvania Representative, and current executive at Philadelphia-based FS…
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King of Prussia Fitness Center Sells Its Building For $42 Million
An affiliate of Life Time Group Holdings sold its 150,000-square-foot building in Tredyffrin Township to a New York firm. Natalie…
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