Philadelphia Business Journal
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Downingtown Native’s Middle-School Hobby Turns Into West Chester Business with $12 Million in Annual Revenue
A Downingtown native’s middle-school hobby has turned into a West Chester-based business that aims to distribute healthy snacks across the country, writes Lisa Dukart for…
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Center City Office Building Goes Up For Sale, Could Be Converted Into Residential Building
The 15-story, 133,353-square-foot office building at 1760 Market Street has gone up for sale by owner and retired tax attorney, Victor F. Keen, writes Paul…
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Shapiro Hopes His New 10-year Economic Development Plan Sets a New Course for Pennsylvania’s Future
Pennsylvania governor Josh Shapiro recently outlined a series of key investments he would like to see the state undertake as part of a new 10-year…
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Biotechnology Center in Doylestown Seeks State Funding to Continue Support for Life Science Start-Ups
A Bucks County biotechnology center pilot program is seeking to bring life sciences companies to the Keystone State, writes John George for the Philadelphia Business…
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Penn Receives Nearly $84 Million Gift — Largest Donation In the School’s History
The University of Pennsylvania’s School of Arts and Sciences recently received its largest gift in the institution’s history, writes Ryan Mulligan for Philadelphia Business Journal. …
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XPO Inc. Acquires Bensalem Truck Terminal from Yellow Corp. in $36.2 Million Deal
A Bensalem truck terminal is switching ownership from Yellow Corp. to XPO Inc. following a multi-million-dollar purchase, writes Paul Schwedelson for the Philadelphia Business Journal.…
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Parx Casino Among Top Earners in Pennsylvania’s Thriving Casino Market of 2023
Gambling revenue in casinos across the Keystone State jumped 9 percent in 2023 and Bensalem’s Parx Casino was the third highest producer in the state,…
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Warrington’s Windtree Therapeutics Partners with China-Based Lee’s Pharma for Heart Disease Drug Expansion in Asia
Warrington-based biopharmaceutical firm Windtree Therapeutics is entering a multimillion-dollar licensing deal with a Chinese drug company for its three new cardiovascular disease drug candidates, writes…
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Historic 1928 Sellersville Building for Auction: KeyBank Site Starts at $1 Bid
A two-story building formerly occupied by KeyBank in Sellersville is up for auction, writes Emma Dooling for the Philadelphia Business Journal. The auction for…
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Penn Medicine and Doylestown Health Unveil the Story Behind Their Long-Awaited Merger
The merger between Doylestown Health and University of Pennsylvania Health System has been more than a decade in the making, writes John George for the…
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St. Luke’s University Health Care Network Expands with New Bucks County Property Acquisition
St. Luke’s University Health Network is set to broaden its footprint in Bucks County with the purchase of an 8.5-acre site in Upper Bucks County,…
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Doylestown Health Pursues Game-Changing Merger with Penn Medicine
In a major move, Doylestown Health is pursuing a merger with The University of Pennsylvania Health System to further expand the presence of Penn Medicine…
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Trevose to Welcome Large-Scale Distribution Warehouse Amid Regional Industrial Boom
Trevose will soon be home to a major distribution warehouse, writes Paul Schwedelson for the Philadelphia Business Journal. The 320,250-square-foot project marks a rise…
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Former Phillie Ryan Howard Re-Lists Rittenhouse Square Condo With 24 Percent Price Drop
Ryan Howard, who spent his entire 13-year MLB career with the Philadelphia Phillies, has put his condo back on the market with a 24 percent…
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Montco-based Toll Brothers Has Large Presence in Bucks County, Now it’s Set to Build in North Carolina
Montgomery County-based luxury homebuilder Toll Brothers, which has built properties in Bucks County, plans to build 358 homes on 140 acres in North Carolina, writes…
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Audacy Officially Files For Chapter 11 Bankruptcy
After working diligently to avoid this course of action, Audacy has begun a prepackaged Chapter 11 bankruptcy protection proceeding, writes Jeff Blumenthal for the Philadelphia…
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Meridian Bank’s Executive Vice President of SBA Lending is a Team Player Both in and Out of the Workplace
Meridian Bank Executive Vice President Rocco Perate is a team player both in and out of the workplace. As the leader of the SBA Lending…
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Rite Aid Warrington Store Up for Sale in Wake of Bankruptcy Filing
The Warrington Rite Aid is among several locations in the region up for sale amid the company’s Chapter 11 bankruptcy filing, writes Paul Schwedelson for…
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