Philadelphia Business Journal
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Major Health Systems Eye Montgomery County for Billion-Dollar Expansion
Montco is emerging as a focal point in major expansion plans from regional healthcare giants like Jefferson Health and Penn Medicine, writes John George for…
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Franklin Mall in Northeast Philadelphia to Be Redeveloped Into Youth Sports Complex, Water Park, and Housing
Months after being placed on the market, Franklin Mall in Northeast Philadelphia will soon be acquired, writes Paul Schwedelson for the Philadelphia Business Journal. Dean…
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274-Unit Luxury Apartment Community AVE Horsham Breaking Ground on Former Call Center Site
After years of planning, a major luxury apartment project is finally moving forward in Horsham Township, writes Paul Schwedelson for The Philadelphia Business Journal. Developers…
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St. Joe’s Prep Receives Largest Donation Ever Given to a U.S. Catholic High School
St. Joseph’s Preparatory School recently received a massive $74 million gift, an amount that points to being the largest donation ever gifted to a Catholic…
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Doylestown Health Names New CEO as Penn Medicine Integration Continues
A major leadership move is reshaping Bucks County’s healthcare landscape. Dr. Craig Gronczewski has been named the next CEO of Doylestown Health, stepping into the…
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King of Prussia’s Vertex Cuts 170 Jobs as Tax Software Maker Pivots to AI
King of Prussia-based Vertex plans to reduce its workforce by nine percent, as the tax and compliance software maker pivots toward artificial intelligence, writes Jeff…
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Florida Company Acquires Bucks County Golf Course Operator Spirit Golf Management
Sports Facilities Companies of Florida has acquired Lambertville-based Spirit Golf Management, the operator of four golf courses in Bucks County, writes John George for the…
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Alex Fraser Lists New Hope Estate for $3.25 Million as His Bucks County Playhouse Tenure Nears Its End
Tony Award-winning producer Alex Fraser and his husband Peter Maloney have listed their New Hope home for sale, according to the Philadelphia Business Journal. The…
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These Bucks County Zip Codes are the Wealthiest Communities in the Philadelphia Area
Some of the wealthiest communities in the Philadelphia area have Bucks County zip codes, according to a report by Todd Romero from the Philadelphia Business…
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Ardmore’s Suburban Square Sees Surge in Demand with New Retail Additions
Ardmore’s Suburban Square has reached full occupancy following a surge of new leasing activity, writes Paul Schwedelson for The Philadelphia Business Journal. In recent months,…
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Berwyn-Based Ametek in Talks to Purchase a Testing and Measurement Businesses
Berwyn-based Ametek, a manufacturer of electronic instruments, has set its sights on acquiring Indicor’s testing and measurement businesses in a potential multibillion-dollar deal, writes Jonathan Diamond for the Philadelphia Business Journal. North…
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Medical Office Building in Warrington Changes Hands in $17.25M Deal
Stone Manor Medical Office Building in Warrington has been acquired by Cornerstone Cos., a healthcare real estate development and investment firm based in Indianapolis, for…
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Stone-Clad Berwyn Estate with Fireplaces and Home Theater Hits Market
A stone-clad seven-bedroom, 10-bathroom estate in Berwyn, set on 12 acres and topped with a burnt red roof, has recently hit the market for $6.25…
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Three Montco Restaurateurs Buy Doylestown’s Station Tap House, Rebrand It The Station
Three restaurateurs from Montgomery County have purchased Doylestown’s Station Tap House, with plans to rebrand the restaurant in their first Bucks County project, writes Emma Dooling for the Philadelphia…
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Sale of Flats at Lansdale Tops Regional Averages, Signals Strong Demand
A major apartment complex in Lansdale has changed hands, underscoring the strength of Montgomery County’s rental market, writes Paul Schwedelson for The Philadelphia Business Journal.…
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Langhorne’s Nexgel Transforms Near Disaster into ‘Three-Team Trade’ Acquisition
Despite the withdrawal of an investor, Langhorne-based Nexgel successfully finalized its acquisition of Celularity’s regenerative biomaterial products, a deal that is expected to nearly triple…
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Souderton’s Univest Eyes Growth Beyond Philly as Earnings Climb
Souderton-based Univest Financial Corp. is posting strong financial gains while setting its sights on growth beyond the Philadelphia region, writes Jeff Blumenthal for The Philadelphia…
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John Ternus, Next CEO of Apple, is a University of Pennsylvania Alum
Apple recently announced that University of Pennsylvania alumnus John Ternus will become the next CEO of the company starting September 1, writes Alastair Goldfisher for…
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