Philadelphia Business Journal
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Madrigal’s Rezdiffra Nears Blockbuster Status With $958M in First Full Year on Market
In its first full year on the market, West Conshohocken-based Madrigal Pharmaceuticals’ flagship drug Rezdiffra nearly got to blockbuster status, bringing in $958.4 million in…
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Brevet Capital Lands $150M Loan for 36-Story Apartment Tower on South Philadelphia Waterfront
New York-based Brevet Capital Management has obtained a $150 million construction loan to build a 36-story residential tower on the Delaware River waterfront, writes Paul…
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Chase to Open Philadelphia-Area Branches as Part of Expansion, Including Three in Chester County
As part of its nationwide expansion strategy, Chase Bank will open 14 new branches in Greater Philadelphia this year, including three that are planned for Chester County, writes Jeff…
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$105M Redevelopment Finally Moving Forward in Willow Grove
After nearly two years of delays, a major redevelopment project in Willow Grove is finally moving forward, writes Paul Schedelson for The Philadelphia Business Journal.…
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Pair of Philadelphia Airport Hotels Put Up for Sale by New York Owner
Lightstone Group, a New York-based real estate investment company, has put Aloft Philadelphia Airport and Four Points by Sheraton Philadelphia Airport on the market after…
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Main Line Landmark Gets New Mission Under Local Investor
A historic Bryn Mawr building is getting a new purpose, rooted in education, writes Jeff Blumenthal for The Philadelphia Business Journal. The longtime headquarters of…
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Greater Philadelphia Tops National Housing Market Price Growth in January
Greater Philadelphia saw the strongest home price growth among 40 major metro areas in January, with prices rising 8.6 percent year over year, writes Ryan…
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Côte d’Ivoire Selects Chester Facilities as World Cup Base Camp
The West African Cote d’Ivoire team has selected the Philadelphia Union’s Subaru Park and WSFS Bank Sportsplex in Chester as its base camp for the…
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Two Philadelphia Companies Land on Deloitte’s Fast 500 List of North America’s Fastest-Growing Tech Firms
Two Philadelphia-based companies have earned spots on Deloitte’s 2025 list of the fastest-growing technology firms in North America, writes Ryan Mulligan for the Philadelphia Business…
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Firehouse Subs Eyes Parkesburg as It Plots Comeback in Philadelphia Area After Three-Year Absence
After exiting the Philadelphia market three years ago, Firehouse Subs is plotting an aggressive comeback, with Parkesburg being considered as a potential location, writes Emma Dooling for the Philadelphia Business Journal. …
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Conshohocken’s Madrigal Makes $4B Bet on the Future of Liver Disease Treatment
Conshohocken’s Madrigal Pharmaceuticals is making a major move that could reshape the future of liver disease treatment, writes John George for The Philadelphia Business Journal.…
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Fortune 10 HQ in Conshohocken Hits the Market — Fully Leased
A marquee property in Conshohocken is officially on the market, according to Paul Schwedelson for The Philadelphia Business Journal. The 429,000-square-foot headquarters of Cencora has…
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Pennsylvania Film Office Grants $6M to Netflix Series ‘Tires’ for Philadelphia-Area Production
Based in West Chester, the Netflix comedy series Tires is set to receive $6 million from the Pennsylvania Film Office to produce its third season in the…
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Hosting a PGA Championshp Comes With Some Sacrifice at Aronmink
The courses at Aronimink Golf Club in Newtown Square have been temporarily closed to its own members since November as the club prepares to welcome…
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Bucks County Housing Market in Nation’s Top 50 at Year-End 2025
One Bucks County housing market ranked among the top 50 nationwide in the fourth quarter of 2025, making it one of only two Greater Philadelphia…
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Plans Advance to Transform Wayne Office Building into 162-Unit Apartment Complex
Following required approvals, the partnership of Malvern-based E. Kahn Development, Wayne-based Love Communities, and Harrisburg’s Triple Crown Corp. is proceeding with plans to convert a Wayne office complex…
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Hamilton Lane Expands Headcount to Fuel Fast-Growing Business
Hamilton Lane, which has recently opened a new Center City office, may soon need additional space downtown as its headcount continues to expand due to…
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Germantown Friends School Buys Adjacent Historic Bank Building for $2M in Expansion Move
Germantown Friends School recently acquired a historic 11,000-square-foot building housing a Wells Fargo branch for $2.05 million, writes Ryan Mulligan for the Philadelphia Business Journal.…
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