Philadelphia Business Journal
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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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Chicken Salad Chick Targeting Montgomery County Expansion
Montgomery County could soon be home to a new fast-casual concept not yet seen in the Philadelphia region, according to Emma Dooling for The Philadelphia…
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Former Chaddsford Winery GM Opening Locally-Supplied Bar in Unionville
Corey Krejcik, former general manager of Chaddsford Winery, is planning to open Proximity Wine Bar in Unionville, with a focus on local producers, writes Emma Dooling for the Philadelphia Business Journal. All of the food and beverages will…
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PECO Announces Transition of President and CEO David Vahos to Special Advisor to Exelon’s President and CEO
PECO President and CEO David Vahos will transition to the role of Special Advisor to Exelon President and CEO Calvin Butler. Mike Innocenzo, Exelon’s Chief…
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Hanwha Philly Shipyard Aims to Hire Up to 10,000 Workers, Quadrupling Workforce
South Korea-based Hanwha plans to quadruple its workforce at the Philadelphia Navy Yard shipyard, by aiming to hire up to 10,000 workers over the next…
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Richard Lazer, Port of Philadelphia’s Next CEO and Executive Director, Eyeing Further Growth
Richard Lazer, who has served as executive director of the Philadelphia Parking Authority since 2022, has been unanimously selected as the next CEO and executive…
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Penn Medicine Doylestown Health CEO to Retire, Talks Merger and Advice
After 13 years at the helm, including last year’s merger with the University of Pennsylvania Health System, Doylestown Health CEO Jim Brexler is retiring April…
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Fort Washington’s Toll Brothers Makes First Major Move Under New CEO
Fort Washington’s Toll Brothers is expanding its national footprint with a new acquisition, marking the first major move under recently appointed CEO Karl Mistry, writes…
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