Philadelphia Business Journal
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This Delaware County ZIP Code Is in the Nation’s Top 50 Luxury Housing Markets
Affluent homebuyers are snatching up properties in Villanova, making it one of the top luxury housing markets in America, writes…
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The Netflix House Rolls Out the Red Carpet in King of Prussia
King of Prussia Mall has officially rolled out the red carpet for Netflix House, writes Emma Dooling for the Philadelphia…
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Wayne-Based Berger Development Breaks Ground on $40 Million Trolley Square Apartments
Berger Development, based in Wayne and part of Berger Communities, recently broke ground on Trolley Square Apartments in Wilmington, writes…
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Philadelphia Phillies End Oak View Group Partnership to Launch New Vendor at Citizens Bank Park
The Philadelphia Phillies plan to part ways with global venue management company Oak View Group at Citizens Bank Park, choosing…
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TD Bank Announces 51 Branch Closures, Including a Bucks County Location
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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Top-Selling Karen Strid Team Makes Move to Compass from Berkshire Hathaway
Karen Strid has moved her top-selling Main Line team from Berkshire Hathaway HomeServices Fox & Roach to Compass, writes Ryan…
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West Chester-Based QVC’s Third Quarter Report Prompts Debt Load Concerns
West Chester-based QVC Group reported an $80 million loss in the third quarter, triggering a drop in its share price…
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University of Pennsylvania Marks Strongest Endowment Growth Since 2021, Nears $25 Billion
The University of Pennsylvania reported a 12.2 percent return on its endowment for fiscal 2025, bringing the total value to…
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Pottstown Hospital Faces Cutbacks as Tower Health Tightens Operations
Tower Health announced plans to eliminate about 350 positions, roughly 3% of its workforce, and close select programs in an…
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With Transformation Complete, East Norriton Behavioral Health Campus Exploring Partnerships
Four months ago, Suburban Community Hospital in East Norriton officially transitioned into the Suburban Behavioral Health Campus of Roxborough Memorial…
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Plymouth Meeting’s Saks Off 5th Among Nine Stores Closing Nationwide
Another well-known retailer is set to leave Plymouth Meeting early next year, according to Daniel J. Sernovitz and Paul Schwedelson…
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West Chester-Based QVC’s Third Quarter Report Prompts Debt Load Concerns
West Chester-based QVC Group reported an $80 million loss in the third quarter, triggering a drop in its share price…
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Historic Hatboro Mill Reborn as Concordance Ferments Brewpub
A new brewpub is breathing fresh life into a Montco building that once supplied George Washington’s troops during the Revolutionary…
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Conshohocken’s Cencora To Expand US Pharmaceutical Distribution With $1B Investment
Conshohocken-based Cencora is planning to expand its pharmaceutical distribution network across the United States with a $1 billion investment through…
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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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