Philadelphia Business Journal
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Montco’s Hajoca Expands National Footprint with Major Acquisition
A long-established Montco company is expanding its national footprint, as Hajoca has acquired American Refrigeration Supplies, writes The Philadelphia Business Journal. Lafayette Hill’s Hajoca is…
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Two Philadelphia Firms to Merge, Deal Expected to Help Each Expand and Integrate Portfolios
Philadelphia firms Ceisler Media & Issue Advocacy and Athena Global Advisors, respectively, are set to merge, writes Jeff Blumenthal for the Philadelphia Business Journal. Both…
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Philanthropic Gift Launches Trauma Center Expansion at Jefferson Abington
Jefferson Health launches a huge fundraising campaign to modernize and expand the trauma center at Jefferson Abington Hospital, according to John George for The Philadelphia…
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After Sonder’s Collapse, Witherspoon Building Returns to Long-Term Rentals
The 186-unit Witherspoon Building has transitioned from short-term rentals into a more traditional leasing model following the sudden collapse of Sonder Holdings, writes Emma Dooling…
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MLB Plans to Invest Millions in Philadelphia Communities for 2026 All-Star Weekend
In 2019, the MLB did something it doesn’t typically do in announcing the host city of its All-Star Game seven years in advance. Knowing that…
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Previously Outsourced, Malvern’s Vanguard Group Reclaims Hundreds Of Local Jobs From Infosys
Vanguard Group is bringing hundreds of jobs back from Infosys to its Malvern headquarters, following a 1,300-position outsourcing move six years ago, writes Ryan Mulligan…
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Temple University Unveils New 10-Year Strategic Plan for Institution, North Philadelphia Region
Since being installed as the new president at Temple University, John Fry has been detailing his vision for the future of the institution. Last week,…
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New York Hospitality Firm Acquires Malvern Residence Inn for $14.7 Million
A New York-based Samar Hospitality affiliate has purchased the 127-room Residence Inn by Marriott Philadelphia Great Valley/Malvern for $14.7 million, writes Emma Dooling for the Philadelphia Business Journal. At $115,748 per key, the…
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America’s Largest Privately Held Real Estate Brokerage Enters Philadelphia Market
Howard Hanna Real Estate Services, the largest privately held real estate brokerage in the nation, is now in the Philadelphia market and is already looking…
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Hatboro Wawa Sells for $7.4M in Major Local Real Estate Deal
A recently built Wawa in Hatboro has changed hands in a multimillion-dollar deal, writes Schwedelson for The Philadelphia Business Journal. Ivyland-based Altimari Properties purchased the…
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Brandywine Realty Obtains Record $87M Refinancing Loan for University City Life Sciences Tower
Brandywine Realty Trust recently obtained an $87.3 million in C-PACE financing for the life sciences building at 3151 Market Street in University City, writes Paul…
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Maddy Rose Mediterranean Restaurant Coming to New Hope’s Former Landing Site
Hospitality group By Landmark is set to open Maddy Rose, a Mediterranean restaurant, at the site of The Landing, a former New Hope staple, writes…
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New Steakhouse from Atlas Restaurant Group Coming to The Rittenhouse Hotel
Atlas Restaurant Group is set to open its second Philadelphia restaurant, introducing its steakhouse concept The Ruxton at The Rittenhouse Hotel, writes Emma Dooling for…
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Toll Brothers Joint Venture Sells Apartment Building Outside of Boston for $131M
A joint venture between Fort Washington-based Toll Brothers and an affiliate of The Carlyle Group has sold an apartment building outside of Boston for $131…
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Philadelphia Ranks Among Best Startup Cities in Nation as Funding Freeze Shows Signs of Thawing
Philadelphia ranks among the top ten best startup cities that have at least 1 million residents, as the funding freeze that has lasted several years…
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Swiss Investment Company Acquires Rittenhouse Square Building for $5.23M, Conversion Possible
MZP AG, a Switzerland-based investment company has purchased a Rittenhouse Square building in a $5.23 million deal, writes Paul Schwedelson for the Philadelphia Business Journal.…
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Villanova University Acquires 8-Acre Site Next to Cabrini Campus
Villanova University has acquired an 8.3-acre residential parcel next to Cabrini University as it looks for opportunities to grow its campus. The parcel at 1250…
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Kennett Square’s Genesis HealthCare Sells for $1 Billion in Fifth-Round Auction
Kennett Square-based Genesis HealthCare has agreed on its sale to 101 West State Street for $1.02 billion following five rounds of bidding last week, writes John George for the Philadelphia Business Journal. …
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