Philadelphia Business Journal
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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 Business Journal. PMC Property Group…
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Doylestown Mill-Turned-Home Heads to Auction After Two Years on the Market
Shelly Mill, once an active Doylestown mill now restored into an expansive private residence, is set to go to auction two years after it first…
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Orchestra Life Sciences Headquarters Moving from Canada to Philadelphia Navy Yard with Planned Expansion
Orchestra Life Sciences is moving its headquarters from Montreal in Canada, to the Philadelphia Navy Yard as it prepares for rapid growth, writes John George…
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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, including one that is in…
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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, Restorative Health Foundation and Syan…
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Historic Rittenhouse Square Apartment Building, The Drake, Sells to Group of Four Investors
The Drake, a historic apartment building in Rittenhouse Square that has been in the city for nearly a century, has been sold, writes Paul Schwedelson…
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Wayne-Based SEMCAP AI Leads $8 Million Series A Investment In Lula Commerce
Wayne-based SEMCAP AI led an $8 million Series A round for Lula Commerce, a Philadelphia startup that is planning to accelerate the growth of its…
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Warehouse Planned for DrinkPak in Bellwether District Would Be Philadelphia’s Largest
A 1.4 million-square-foot warehouse planned at the Bellwether District for canned beverage manufacturer DrinkPak would be the largest in Philadelphia and third largest in the…
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Four Chester County Companies Make List of Top 50 Largest Women-Owned Businesses in Region
Four Chester County companies have found their place on the list of the 50 largest women-owned businesses in Greater Philadelphia, writes Todd Romero for the…
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South Jersey Firm Buys Willow Grove’s North Crossing Apartments
A South Jersey company is investing big in Willow Grove’s rental market, writes Ryan Mulligan for the Philadelphia Business Journal. Gibbsboro-based Friedman Realty Group has…
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Stateside Vodka Takes Anheuser-Busch to Court, Accusing Beer Giant of Copying Surfside Brand
Philadelphia-based Stateside Vodka is suing Anheuser-Busch InBev, claiming the company’s recently launched canned cocktails copied the design of its highly successful Surfside brand, writes Emma…
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Toll Brothers Plans Massive Age-Restricted Community on 100 Exton Acres
Toll Brothers has paid $70 million for a 100-acre site in Exton, where it plans to construct its largest age-restricted residential development in the Philadelphia…
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Six Bucks County Companies Make List of the Largest Women-Owned Businesses in Greater Philadelphia
Several Bucks County businesses made a recent list of the 75 largest women-owned businesses in the Greater Philadelphia area, reports Todd Romero for the Philadelphia…
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King of Prussia-Based Vertex Names Microsoft Exec Christopher Young Its New CEO
King of Prussia-based Vertex has named Microsoft executive Christopher Young as its new CEO, who is taking over from longtime leader David DeStefano, writes Jeff…
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Philly Entrepreneur Maya Nazareth to Pitch Apparel Company Alchemize Fightwear on ‘Shark Tank’
Philadelphia entrepreneur Maya Nazareth is set to appear on Season 17 of Shark Tank, where she will pitch her apparel company, Alchemize Fightwear, writes Stephanie…
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Main Line Health Rebounds with $4M Profit and Regional Growth Plans
Main Line Health has bounced back into the black after a tough year, reports John George for the Philadelphia Business Journal. The health network that…
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Patient Surge from Crozer Closing Boosted Main Line Health Revenue
An increase in patients from Crozer Health’s closing is partly responsible for Main Line Health reversing a $61 million loss last year with a $4…
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Doylestown Native Helps Elevate NBC Sports Coverage With Cinematic Lens and Social Media
Doylestown native Alex Matcham, who spent nearly 18 years as a producer at NFL Films, is celebrating her first year as vice president of content…
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