Philadelphia Business Journal
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Two Major King of Prussia Hotels Hit the Market Ahead of Colossal Year for Tourists
Two well-known King of Prussia hotels are officially on the market, creating a rare investment opportunity in one of Montgomery County’s busiest commercial districts, Emma…
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Yardley-Based Jubilant Therapeutics Appoints Industry Veteran as New CEO
Jubilant Therapeutics, a Yardley-based biopharmaceutical company focused on cancer and autoimmune disease treatments, has named Daniel J. O’Connor to be its new CEO, writes John…
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Brown Real Estate Buys Shoppes at Wissinoming in Northeast Philadelphia for $30.8 Million
A Brown Real Estate affiliate recently paid $30.8 million for the Shoppes at Wissinoming, a Northeast Philadelphia shopping center with a ShopRite supermarket, writes Paul…
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Apartments, Swimming Pool, and Redeveloped Retail Space Planned for Historic Wanamaker Building
TF Cornerstone, the owner of the Wanamaker building, is seeking to transform the historic property into residential space while redesigning the first three floors that…
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Subway Line That Would End in Neshaminy Included in PennDOT’s New Proposals for Roosevelt Boulevard
The Pennsylvania Department of Transportation has submitted three new proposals that aim to make the Roosevelt Boulevard corridor safer including a subway line that would…
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Franklin Mall Goes Up for Sale, Several Options in Play for Property’s Future
Franklin Mall, Philadelphia’s largest outlet mall and the second largest in Pennsylvania, has been put up for sale, writes Emma Dooling for the Philadelphia Business…
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Comcast Will Not Further Pursue Warner Bros. Discovery After Failed Bid
Comcast co-CEO Michael Cavanagh disclosed the details of the Philadelphia company’s failed bid for Warner Bros. Discovery on Monday, stating that it would not reenter…
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With a Giant in Place, the Shoppes at Concord in Glen Mills Can be Built
Giant will be the anchor for the Shoppes at Concord, a planned 155,000 square-foot shopping center in Glen Mills, writes Ryan Mulligan for the Philadelphia…
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Historic Rittenhouse Square Apartment Building, The Drake, Sells to Group of Four Investors
The Drake, a historic apartment building in Rittenhouse Square that has been in the city for nearly a century, has been sold, writes Paul Schwedelson…
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Joseph Ambler Inn in North Wales Sells to Local Real Estate Investor
After four decades with its original owner, the 52-room Joseph Ambler Inn has now been sold to Milind Satam, Jeetu Satpute and other real estate…
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The Devon Senior Living Bought by North Jersey Operator
The Devon Senior Living has been purchased by Juniper Communities, a North Jersey-based operator of senior living facilities, for an undisclosed sum, writes John George for the Philadelphia Business Journal. The…
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Philadelphia Named One of World’s Worst Cities for Traffic Congestion
The 2025 Global Traffic Scorecard from INRIX has listed Philadelphia as one of the most congested cities both in the United States and globally, writes…
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Forbes 30 Under 30 List Features Several Individuals With Ties to Philadelphia
Forbes has announced its 30 Under 30 list for 2026 and several of the nonprofit founders, athletes, inventors, and social media influencers have ties to…
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Moody’s Just Upgraded Redeemer Health — Here’s What Changed
Montgomery County’s lone independent health system is getting a vote of confidence from the financial world, writes John George for The Philadelphia Business Journal. Moody’s…
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Boston-Based Seyon Group Pays $17.5M for Three King of Prussia Buildings
Boston-based Seyon Group recently acquired three buildings in King of Prussia’s Renaissance Park for $17.5 million, writes Ryan Mulligan for the Philadelphia Business Journal. The…
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Formerly Farmland, New Mixed-Use Community Planned for New Garden Township
Stonewall Capital, a Baltimore-area developer, is planning a massive mixed-use project on former farmland in New Garden Township, writes Melody Simmons for the Philadelphia Business Journal. …
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Royal Oak Realty Trust Picks Up $29M Industrial Site in Upper Providence
Royal Oak Realty Trust recently purchased a two-building complex in Upper Providence Township for $29.25 million, writes Ryan Mulligan for The Philadelphia Business Journal. The…
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Century Therapeutics Expands Pipeline with Type 1 Diabetes Drug Candidate
Philadelphia-based Century Therapeutics is broadening its drug development pipeline with a new candidate aimed at treating Type 1 diabetes, an autoimmune disease that affects 2…
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