Philadelphia Business Journal
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Fort Washington-based Toll Brothers Plans to Build Mixed Use Townhouse Development at Site of Costco’s First HQ
Fort Washington-based Toll Brothers has paid $40 million for an 11-acre property in Kirkland, Washington, where it is planning to…
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Former Times Herald Building in Norristown Sold & Razed to Make Room for New $50M Apartment Project
The 35,621-square-foot building at 410 Markley Street is no more, as Bennett Properties have purchased the building and had it…
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Fort Washington Developer Pays $3.3M for Wilmington Site, Plans to Build Apartment Complex on Property
CSW Luxor VI Wilmington LP, an entity affiliated with Fort Washington-based Westrum Development, has acquired a 3.49-acre site in Wilmington…
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Providence Town Center in Collegeville Sells for $162M, New Owners Plan to Revamp to Attract More Tenants, Shoppers
A venture between Maryland’s Finmarc Management and KPR Centers of New York has bought Providence Town Center in Collegeville for…
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New Hope Hotelier Bucks Trend of Pandemic-Related Travel Hesitancy
Two factors should have made 3Q2021 and 1Q2022 difficult for Steve Dugan, general manager of New Hope’s Golden Plough Inn:…
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Plymouth Meeting-based Geneos Therapeutics, Inovio Spin Off, Raises $17M in Private Stock Sale
Inovio Pharmaceuticals spinoff Geneos Therapeutics, a Plymouth Meeting clinical stage biotherapeutics company, has raised $17 million in a private stock…
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CHOP Receives Generous Gift from Main Line Couple to Establish Cancer Immunotherapy Center
Philanthropists Susan and Steve Kelly, longtime supporters of the Children’s Hospital of Philadelphia (CHOP), are helping establish the Susan S.…
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South Philadelphia-based PrimoHoagies Plans 19 New Locations; King of Prussia Selected for Expansion
Despite the ongoing pandemic, South Philadelphia-based PrimoHoagies has again experienced record annual sales in 2021, aiding the brand’s national expansion,…
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Focus is on Local Hotel to Become Market Leader in King of Prussia Area by Wayne-Based Management Company
Management of the Embassy Suites by Hilton Philadelphia Valley Forge has been taken over by Synergy Hospitality Management, a Wayne-based…
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Nike Launching Partnership with Vanessa Bryant to Honor Late Husband, Lower Merion’s Kobe Bryant, and Daughter Gianna
The new Nike partnership with Vanessa Bryant aims to honor her late husband, Lower Merrion High School’s Kobe Bryant, and…
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Franklin Mint/Wawa Employee Credit Union Merger Gets Final OK in Montgomery County
A planned merger of Chadds Ford-based Franklin Mint Federal Credit Union (FMFCU) and the Wawa Employees’ Credit Union (WECU) has…
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The Grove in Malvern ‘Comes Back to Life’ with Montco’s Sly Fox, Bomba Taco + Bar, and Sublime Cupcakes
The Grove at 10 Liberty Boulevard in Malvern — a $22 million redevelopment of the former Shops at Great Valley…
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Former Eagles Owner from West Chester Buys Full City Block in Miami
Former Eagles owner Norman Braman, the billionaire car dealer who spent his early years in West Chester before moving to…
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Activist Investor Raises Questions About Kohl’s Real Estate Portfolio, Including Its Montgomery County Properties
Activist investment firm Macellum Capital Management, a shareholder of Kohl’s, is raising questions about the department-store chain’s real estate portfolio,…
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Several Montco Organizations Part of New Regional Initiative That Addresses Health Inequities
Main Line Health and Jefferson Health are among the group of regional healthcare providers, insurers, and educational institutions that have…
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Premium King of Prussia Apartment Complex Sells for 112.5M$
The Canvas apartment complex in King of Prussia is off the market, writes Natalie Kostelni for the Philadelphia Business Journal.…
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Pottstown’s Cutillo’s Goes Up for Sale at 3.6M and Pennoni Associates Moving Into King of Prussia Office Space
Montgomery County real estate deals are ramping up as Spring begins, with two major deals inked in Pottstown and King…
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Housing Trends in Montgomery County ‘Reaching Implausible Levels’
The housing stock in the region and Montgomery County is continuing to reach record-low levels, causing prices to skyrocket and…
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