Philadelphia Business Journal
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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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Kennett Square’s New Bolton Center Slated For $94 Million Lab Addition
The University of Pennsylvania School of Veterinary Medicine plans to add a $94 million laboratory to the New Bolton Center in Kennett Square, writes John George for…
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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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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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Investor Interest Grows as 310-Unit Montco Complex Goes for Sale
A sizable Montco apartment community in Eagleville is hitting the market, writes Paul Schwedelson for The Philadelphia Business Journal. Riverview Landing at Valley Forge, a…
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Entrepreneurs Get One-Minute Pitch Chance As ‘Shark Tank’ Casting Returns to Philadelphia
The popular reality TV show Shark Tank is returning to Philadelphia with an open casting call for its 18th season on March 18 at Rivers…
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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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Mount Vernon-Inspired Sellersville Estate Prepares to Hit the Market for $3.3M
A Mount Vernon-inspired estate in Sellersville, set on 35 acres and recently updated through a multimillion-dollar renovation, has been listed for $3.295 million, writes Ryan…
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Center City Office Building Heads to Open Market As Foreclosure Process Nears End
The 1700 Market Street office building in Center City is being placed on the market as its yearslong foreclosure process nears its end, writes Paul…
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Consumers in Philadelphia Region Pull Back on Spending, Fed Reports
With strong economic growth but a slowing labor market last year, a theme of 2026 will be “waiting for clarity,” according to Federal Reserve Bank…
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Ryan Ogle Steps Down as 2026 PGA Championship Director at Aronimink
The 2026 PGA Championship at Aronimink Golf Club is losing its director, Ryan Ogle, only a few months from its opening, writes Emma Dooling for…
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Best Places to Work in Philadelphia, According to Employee Feedback
The Greater Philadelphia area is home to some of the best places to work in the nation, writes Philadelphia Business Journal staff. For several years,…
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Dock Mennonite Makes $1.5M Land Play in Montgomery County
A longtime Montco private school is expanding its footprint with a notable land purchase in Hatfield, writes Ryan Mulligan for The Philadelphia Business Journal. Dock…
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PGA Looking for Some Local Help to Hire for Aronimink Tournament
About 200,000 people are coming to Delaware County, specifically the Aronimink Golf Club in Newtown Square, during the second week of May for the 2026…
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Nordstrom Rack Launches New Locations, with One Coming to Exton
Nordstrom Rack, the off-price division of Nordstrom, is preparing to launch four new locations in the Philadelphia area, with one set for Exton in the…
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Prospect Medical Asks Court Permission to Dispose of Patient Records
Prospect Medical Holdings is seeking court approval to dispose of 470,000 patient records and save itself $350,000 a year in annual storage costs, writes John…
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Nordstrom Rack Store Opening at Promenade at Granite Run in Media
Nordstrom Rack, the discount-price division of fashion retailer Nordstrom, is opening a store in fall 2026 at Promenade at Granite Run, writes Jeff Blumenthal for…
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Plymouth Meeting Pharmaceutical Company Eyes $1B Milestone
Harmony Biosciences says its flagship narcolepsy drug is on track to hit a major milestone, writes John George for The Philadelphia Business Journal. The Plymouth…
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