Philadelphia Business Journal
-
PNC Bank to Require Employees to Return to Office Full-Time in May
PNC Bank, the third largest bank in the Greater Philadelphia region, has made the decision to require its employees to return to the office five…
-
West Chester’s Justin Chan Honored With 2026 Diversity in Business Award
Justin Chan, a West Chester native and owner of Valley Creek Productions, has been named a 2026 Diversity in Business Awards honoree, writes Lara Schwartz…
-
University Place Associates Changes Course on Life Sciences Building, Opts for Mixed-Use Residential Tower
Philadelphia developer University Place Associates has decided against its original plan for a life sciences buildings for a mixed-use tower instead, writes Paul Schwedelson for…
-
QVC Group’s Debt Crisis Deepens, Bankruptcy Looms as Future of West Chester Giant Hangs in Balance
As West Chester-based QVC Group struggles under $6.6 billion in debt, bankruptcy is becoming an increasingly likely outcome despite creditor talks, writes Jeff Blumenthal for…
-
California Investor Acquires Pair of Self-Storage Properties in Northern Liberties for $39.3M
North Palisade Partners, a California investor, has acquired a pair of self-storage buildings in Northern Liberties for a total of $39.3 million, writes Paul Schwedelson…
-
Market Street Demolition Plans Postponed As Summer Tourism Approaches
Comcast and the Philadelphia 76ers have decided to delay their plans to demolish and redevelop the 1000 block of Market Street ahead of this summer’s…
-
Port of Philadelphia Acquires Coveted 152-Acre Mustin Yard for $90 Million
The Port of Philadelphia has acquired the long-coveted 152-acre Mustin Yard in a $90 million deal, write Ryan Mulligan and Paul Schwedelson for the Philadelphia…
-
Two Cofounders From Montgomery County Rank Among World’s Wealthiest
Two Montgomery County businessmen have landed on the Forbes 2026 World’s Billionaires List with a combined fortune of around $84 billion, writes Ryan Mulligan for…
-
Radnor Nixes Eminent Domain for Valley Forge Military College Land
Radnor Township has reached a deal with the Valley Forge Military Academy Foundation over 17 acres of land in Wayne and is ending its eminent…
-
With Leasing Momentum, Rubenstein Partners Nabs $127M Refinancing for Chesterbrook Campus
Rubenstein Partners has obtained $127 million in refinancing from Waterfall Asset Management for its 1.1 million-square-foot office campus in Chesterbrook, writes Paul Schwedelson for the Philadelphia Business Journal. The 14-building…
-
Episcopal Diocese Taps Michaels Organization to Redevelop 26 Church Properties in Philly Region
The Episcopal Diocese of Pennsylvania is working with private developer Michaels Organization to repurpose 26 church properties throughout the Philadelphia region, writes Ryan Mulligan for…
-
Three Chester County Brothers Join Forbes Billionaires List
Three Chester County residents affiliated with Exton-based Bentley Systems have made their debut on Forbes’ most recent annual billionaire listing, writes Ryan Mulligan for the Philadelphia…
-
Two Little Guys, Creator of Joe Tea, Opens Bensalem Headquarters With Eyes Toward Growth
Two Little Guys, the company behind the food and beverage brand Joe Tea, is moving its headquarters from New Jersey to Bensalem, writes Emma Dooling…
-
Two Philadelphia Catholic Schools Receive Seven-Figure Donations
Father Judge High School and Roman Catholic High School were recently awarded seven-figure donations, which is part of a growing trend of record gifts to…
-
Southern Land Refinances Josephine Apartment Tower With $145 Million Loan
Southern Land Co. has managed to secure a $145 million refinance loan less than two years after finalizing the luxury apartment tower Josephine near Rittenhouse…
-
Exol’s Lease at Morrisville’s South Penn Logistics Center Biggest Industrial Deal in Years
Exol, an automated fulfillment company based in Menlo Park, California, has leased the entire 973,200-square-foot South Penn Logistics Center in Morrisville, which is one of…
-
Chesterbrook’s Persevere Therapeutics Raises $1.57M, Acquires Cancer Drug in Stealth Exit
Chesterbrook-based Persevere Therapeutics marked its emergence from stealth mode last week with completed equity financing and product acquisition, writes John George for the Philadelphia Business…
-
Wilmington Developer Buys Two Kennett Square Office Buildings, Plans $34M Redevelopment
Wilmington-based 9th Street Development is acquiring two office buildings in Kennett Square, plans to convert one into apartments while retaining the other as commercial space for office and medical tenants,…
Founding Partners
Advertisement
Affiliate Partners
