Philadelphia Business Journal
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Comcast Will Not Further Pursue Warner Bros. Discovery After Failed Bid
Comcast co-CEO Michael Cavanagh disclosed the details of the Philadelphia company’s failed bid for Warner Bros. Discovery on Monday, stating…
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Yardley-Based Jubilant Therapeutics Appoints Industry Veteran as New CEO
Jubilant Therapeutics, a Yardley-based biopharmaceutical company focused on cancer and autoimmune disease treatments, has named Daniel J. O’Connor to be…
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Madrigal Pharmaceuticals Expands As Breakthrough Drug Fuels Growth
West Conshohocken’s Madrigal Pharmaceuticals is relocating its headquarters to accommodate rapid expansion, reports John George for The Philadelphia Business Journal.…
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Philadelphia Named One of World’s Worst Cities for Traffic Congestion
The 2025 Global Traffic Scorecard from INRIX has listed Philadelphia as one of the most congested cities both in the…
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The Devon Senior Living Bought by North Jersey Operator
The Devon Senior Living has been purchased by Juniper Communities, a North Jersey-based operator of senior living facilities, for an undisclosed sum, writes John George…
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Franklin Mall Goes Up for Sale, Several Options in Play for Property’s Future
Franklin Mall, Philadelphia’s largest outlet mall and the second largest in Pennsylvania, has been put up for sale, writes Emma…
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Philadelphia Airport in Top 10 for Longest Departure Taxi Times
More time is spent these days on airport departures and arrivals, writes Andy Medici for Philadelphia Business Journal. The average…
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New Seven-Year Agreement Anchors Return of Cruising to Philadelphia with New Terminal
A 15.5-acre site recently acquired along the Delaware River will become the location of a Norwegian Cruise Line terminal, as…
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Bala Cynwyd Investor Sells North Wales Industrial Portfolio at Nearly 50 Percent Premium
Velocity Venture Partners, based in Bala Cynwyd, has sold a seven-building industrial portfolio in North Wales for nearly 50 percent…
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Plymouth Meeting DoubleTree Suites by Hilton Closed Last Week
The DoubleTree Suites by Hilton Hotel Philadelphia West, owned by Kingsbury Hospitality REIT, permanently closed its doors in Plymouth Meeting…
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Century Therapeutics Expands Pipeline with Type 1 Diabetes Drug Candidate
Philadelphia-based Century Therapeutics is broadening its drug development pipeline with a new candidate aimed at treating Type 1 diabetes, an…
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Moody’s Just Upgraded Redeemer Health — Here’s What Changed
Montgomery County’s lone independent health system is getting a vote of confidence from the financial world, writes John George for…
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Formerly Farmland, New Mixed-Use Community Planned for New Garden Township
Stonewall Capital, a Baltimore-area developer, is planning a massive mixed-use project on former farmland in New Garden Township, writes Melody…
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Boston-Based Seyon Group Pays $17.5M for Three King of Prussia Buildings
Boston-based Seyon Group recently acquired three buildings in King of Prussia’s Renaissance Park for $17.5 million, writes Ryan Mulligan for…
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Industrial Project in the Works for Ridley Property at I-95, 476
An 81,000-square-foot industrial building is planned in Ridley Township at 130 S. Fairview Road, at the intersection of I-95 and…
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Royal Oak Realty Trust Picks Up $29M Industrial Site in Upper Providence
Royal Oak Realty Trust recently purchased a two-building complex in Upper Providence Township for $29.25 million, writes Ryan Mulligan for…
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Israeli Charging Company Acquires King of Prussia’s InductEV
King of Prussia’s InductEV, a longtime innovator in wireless electric vehicle charging, agrees to be acquired by Israel’s Electreon Wireless,…
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Bryn Mawr’s MP Collective Puts Time and Care Back Into Women’s Health
Bryn Mawr’s Dr. Kim Einhorn is redefining women’s health care with The MP Collective, a concierge practice focused exclusively on…
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