Philadelphia Business Journal
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King of Prussia Mall Posts Record Year as Experiential Retail Takes Over
The King of Prussia Mall is closing out another standout year, fueled by a strategy that goes beyond traditional retail, writes Emma Dooling for The…
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Two Little Guys, Creator of Joe Tea, Opens Bensalem Headquarters With Eyes Toward Growth
Two Little Guys, the company behind the food and beverage brand Joe Tea, is moving its headquarters from New Jersey to Bensalem, writes Emma Dooling…
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Penn Medicine Receives $10 Million Gift To Establish New First-Of-Its-Kind Research Center
Penn Medicine was recently gifted $10 million, which is being used to establish its new King Center for Lynch Syndrome, writes John George for the…
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Bensalem-Based Philly Pretzel Factory Dives Into Desserts with New Acquisition
Philly Pretzel Factory, the popular soft pretzel chain based in Bensalem, is preparing to introduce desserts to its mainly salty snack menu, writes Emma Dooling…
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Exol’s Lease at Morrisville’s South Penn Logistics Center Biggest Industrial Deal in Years
Exol, an automated fulfillment company based in Menlo Park, California, has leased the entire 973,200-square-foot South Penn Logistics Center in Morrisville, which is one of…
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Wilmington Developer Buys Two Kennett Square Office Buildings, Plans $34M Redevelopment
Wilmington-based 9th Street Development is acquiring two office buildings in Kennett Square, plans to convert one into apartments while retaining the other as commercial space for office and medical tenants,…
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Subway Line That Would End in Neshaminy Included in PennDOT’s New Proposals for Roosevelt Boulevard
The Pennsylvania Department of Transportation has submitted three new proposals that aim to make the Roosevelt Boulevard corridor safer including a subway line that would…
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Lender Puts Willow Grove Park Mall on Market Following Matured $170M Debt
The majority of Willow Grove Park Mall, one of the largest shopping malls in the region, has been put on the market by a lender…
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Warminster-Founded Arbutus Biopharma to Receive $190M in Moderna Settlement
Four years after suing Moderna over its Covid-19 vaccine, Arbutus Biopharma, which was formerly headquartered in Warminster, has secured a $190 million share of a…
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Philadelphia Developer Expanding Fishtown Apartment Project After Securing $22M in Financing
Philadelphia developer PCG Investment has secured $22 million in financing, allowing it to expand its original plan for a Fishtown apartment project, writes Ryan Mulligan…
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Athlete Relocation Expert Elizabeth Herremans Moves to West Chester’s VRA Realty
Birds Nesting, founded by Elizabeth Herremans, has moved from luxury real estate brokerage Serhant Pennsylvania to West Chester-based VRA Realty, writes Ryan Mulligan for the Philadelphia Business Journal. Herremans, wife of…
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Subaru Park in Chester Gets Upgrades as New MLS Season Opens
There’s a lot happening at Subaru Park in Chester, from new lighting to an upgrade to the concession and retail areas, writes John George for…
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Former Eagle Brent Celek Adds Five West Chester Warehouses to Real Estate Portfolio
Former Eagle Brent Celek, who just brought his residential brokerage to Keller Williams Media, has acquired five West Chester warehouses for over $10 million as he doubles…
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Scarcity and Celebrity Influx Send Value of New Hope Riverfront Homes Skyrocketing
Prices for riverfront homes in New Hope have surged in recent years, driven by limited inventory and a growing influx of celebrities to the charming…
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West Chester Eagles Legend Brent Celek Brings His Real Estate Team to Keller Williams
Brent Celek, the former Eagles star who now lives in West Chester, has brought his real estate team to Keller Williams in what he calls a “natural…
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American Airlines Route Connects Philadelphia to Porto, Portugal
Starting in summer 2027, American Airlines will launch daily seasonal flights between Philadelphia International Airport and Porto Airport in Portugal, pending government approval, writes Emma…
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Brevet Capital Lands $150M Loan for 36-Story Apartment Tower on South Philadelphia Waterfront
New York-based Brevet Capital Management has obtained a $150 million construction loan to build a 36-story residential tower on the Delaware River waterfront, writes Paul…
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$105M Redevelopment Finally Moving Forward in Willow Grove
After nearly two years of delays, a major redevelopment project in Willow Grove is finally moving forward, writes Paul Schedelson for The Philadelphia Business Journal.…
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