Philadelphia Business Journal
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Philly Real Estate Investor Acquires Six-Building Apartment Portfolio in University City for $5M
Philadelphia-based real estate investor Loonstyn Properties has purchased a six-building, 41-unit University City apartment portfolio for $5 million, writes Paul Schwedelson for the Philadelphia Business…
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Michelin Guide Awards This Philadelphia Hotel Two-Key Designation
The Michelin Guide has awarded the Four Seasons Hotel Philadelphia at the Comcast Center a two-key designation, writes Emma Dooling for the Philadelphia Business Journal.…
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Tastykake’s Navy Yard Headquarters Is Up for Sale
Tastykake’s 345,500-square-foot Philadelphia Navy Yard headquarters, built in 2009 as a custom facility for the company, is being sold by Prologis, writes Paul Schwedelson for…
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Philadelphia Finance Veterans Launch $50M Community Bank Fund Through Epta Capital Management
Epta Capital Management, founded by Philadelphia finance veterans Jay Goldstein and Bob Marino, has launched a $50 million fund to support community banks, writes Jeff…
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Bryn Mawr Mansion with Movie Theater, Indoor Pool, Heads to Auction
A Bryn Mawr mansion in Delaware County with an indoor pool and 18-seat movie theater is heading to auction Oct. 16 after sitting on the…
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Comcast to Restructure Its Largest Business Unit and Reduce Headcount, Philadelphia Will See Minimal Impact
Comcast has announced it is restructuring its largest business unit while cutting a number of positions, with Philadelphia expected to see minimal impact, writes Ryan…
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Wedding Venue and Adjacent Property Sold to Bensalem Landmark for $6.85M
In a $6.85 million deal, the Bensalem Landmark Shopping Center entity has acquired the Celebrations Wedding Venue and the adjacent shopping plaza from owner Francesco…
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Great Valley School District Acquires Malvern Office Building for $7.5 Million
The board of Great Valley School District has authorized the $7.5 million purchase of an office building in Malvern, adjacent to the existing high school…
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Wawa Loses Top Spot, Ties with Rival Sheetz for Second in Annual Customer Satisfaction Report
Delaware County-based Wawa dropped one spot in the American Customer Satisfaction Index Convenience Store Study, now tying with rival Sheetz for second place, writes Emma…
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Post Brothers Lands $170M for Piazza Alta Expansion in Northern Liberties
Philadelphia developer Post Brothers has landed $170 million in financing for the second phase of the Piazza Alta, its Northern Liberties apartment project, writes Paul…
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Abrams Realty Unveils New Plans for Washington Square West Site, Promising ‘Coolest Building in Philadelphia’
Abrams Realty & Development has decided to scrap its previous plan to build a multifamily high-rise at the former Wendy’s site on Walnut Street and…
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With Impending Closure of Valley Forge Military Academy, Questions Arise Over Future of Its 70-Acre Campus
With Valley Forge Military Academy closing at the end of the academic year, questions have arisen over its 70-acre campus, which could represent a real…
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Stephen Starr to Revive One of Nation’s Most Influential Restaurants of Last Two Decades in Philadelphia
Stephen Starr is bringing Mission Chinese Food, the celebrated New York spot often hailed as one of the nation’s most essential restaurants of the last…
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Local Restaurateur Pursues Newest Food Venture in Exton
L’Olivo Trattoria, a new Italian restaurant, opened last week at 570 Wellington Square in Exton, writes Emma Dooling for the Philadelphia Business Journal. The new…
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Collegeville’s Pfizer Campus Wins 75 Percent Tax Assessment Cut
The Bridge at Collegeville, one of Montco’s largest office campuses, just saw its tax burden shrink dramatically, writes Paul Schedelson for the Philadelphia Business Journal.…
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Amid Continued Financial Struggles, Warrington’s Windtree Therapeutics Shifts Focus
Following failed forays into real estate and crypto, Warrington-based Windtree Therapeutics is reinventing itself as a waste management and environmental services firm, writes John George…
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23 Philadelphia Companies Featured On Inc. 5000 List Of Fastest-Growing Private Firms
Twenty-three Philadelphia companies have earned a spot on the Inc. 5000 list of fastest-growing private firms, writes Ryan Mulligan for the Philadelphia Business Journal. The…
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Chase Bank to Open Seven New Branches Across Region, Including Two in Chester County
Chase Bank will open seven new branches across the Philadelphia region over the next three months, with two located in Chester County, writes Jeff Blumenthal…
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