Philadelphia Business Journal
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Recently Built Home on the Coveted Delancey Place Hits Market for $4.6M
A rare opportunity awaits buyers on Philadelphia’s most coveted street as a newly built home on Delancey Place has recently hit the market for $4.6…
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Boondocks, a Nashville Honky Tonk, Coming to Glen Mills in the Fall
The owners of the Chadds Ford Tavern are opening a Nashville honky-tonk with line dancing and live music at 1110 Baltimore Pike in Glen Mills,…
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Villanova Home That Sold in Less Than a Week Among Intriguing 2024 Homes
A Villanova home owned by David Kelleher and Marlo Pagano-Kelleher, the president of David Auto Group in Glen Mills and the founding member of Pagano…
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BioNTech Agrees to Pay $467M to Penn as Part of COVID-19 Vaccine Royalties Settlement
University of Pennsylvania will receive $467 million from BioNTech as part of a settlement in a lawsuit over COVID-19 vaccine royalties, writes John George for…
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Yardley-Based Optinose Implements Reverse Stock Split to Boost Share Price, Avoid NASDAQ Delisting
Yardley-based Optinose will enact a 1-for-15 reverse stock split to boost its share price and fend off a potential NASDAQ delisting, writes Ryan Mulligan for…
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Elwyn Launches $100M Campus Plan With Developer Hire
The behavioral health nonprofit Elwyn, headquartered in Media Borough, is spending $100 million to redevelop its main campus, including a new $45 million school, writes…
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New Warehouse Set to Break Ground in Souderton
A new 176,000-square-foot warehouse is coming to Souderton from Endurance Real Estate Group and Greystar-Thackeray, writes Paul Schwedelson for the Philadelphia Business Journal. The 14-acre…
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See Which Bucks County Company Made Inc.’s ‘Best in Business’ List
Seven businesses from the Greater Philadelphia area have been named to Inc.’s 2024 Best in Business list, including one headquartered in New Hope, and two…
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The Kibitz Room: Jewish Deli on Steroids Coming to King of Prussia
The Kibitz Room from Cherry Hill is expanding to King of Prussia, writes Emma Dooling for the Philadelphia Business Journal. The new space will occupy…
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Five Below Charts New Course, Returning to Its Roots Upon Appointing New CEO
Five Below has appointed a new CEO, effective December 16, and with an “organizational refocus” are eyeing the beginnings of a turnaround, writes Ryan Mulligan…
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Upper Makefield Mansion with Extensive Outdoor Space Hits Market for Millions
An almost 16,000-square-foot home with extensive outdoor space in Upper Makefield close to Jericho National Golf Club in New Hope has recently hit the market…
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Wynnewood’s Rosemary Connors Leaves Big Shoes to Fill at NBC10
NBC10 is searching for a replacement for Rosemary Connors, its longtime weekend evening news anchor, reports Jeff Blumenthal for the Philadelphia Business Journal. The Wynnewood…
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Large Shareholder Urges Warminster-based Arbutus to Seek Partners Instead of Selling More Stock
Whitefort Capital Management is urging Warminster-based Arbutus Biopharma to look at all options for its lead product portfolio instead of just diluting investor holdings by…
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Toll Brothers Buys 42 Acres in Perkiomenville to Build 43 Homes
Fort Washington-based Toll Brothers purchased a 42-acre site in Perkiomenville for $8.2 million to build 43 single-family homes, writes Paul Schwedelson for the Philadelphia Business…
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2 Bucks County Senior Living Communities Acquired by Welltower for $42.7M
Welltower, an Ohio-based real estate firm focused on the healthcare industry, has acquired two Bucks County senior living communities for a total of $42.7 million,…
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Jessica Kartalija Joins 6abc Action News Following Split with CBS3
Jessica Kartalija joined 6abc Action News around three months after her split with CBS3, writes Ryan Sharrow for the Philadelphia Business Journal. Kartalija announced her…
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Pat Burrell’s Former Center City Penthouse Sells For Well-Under Original Asking Price, Two Years Later
The Center City penthouse that former Philadelphia Phillies star Pat Burrell previously owned has been sold to a local Philadelphia couple for $2.65 million. It…
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Lahaska-Based WoodBridge Healthcare’s Acquisition of 3 Pennsylvania Hospitals Falls Through
Lahaska-based WoodBridge Healthcare’s deal to acquire three hospitals in Northeastern Pennsylvania for $120 million has fallen through, writes John George for the Philadelphia Business Journal.…
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