Philadelphia Business Journal
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French Food Giant Bonduelle Americas Chooses Philadelphia for New Growth Hub
French food giant Bonduelle Americas has chosen to plant roots in Philadelphia, betting that the city has what it takes to fuel its American ambitions…
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Tastykake’s Navy Yard Headquarters Sold to Salt Lake City-Based Investment Firm in $87M Deal
Tastykake’s headquarters at the Philadelphia Navy Yard has been sold to Salt Lake City-based Bridge Investment Group, writes Paul Schwedelson for the Philadelphia Business Journal.…
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One of Lansdale’s Busiest Retail Corners Just Hit the Market
One of Lansdale’s most recognizable shopping destinations is on the market, with a price tag of around $55 million, writes Paul Schwedelson for The Philadelphia…
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How Fort Washington’s Toll Brothers Is Thriving in a Tough Housing Market
Fort Washington’s Toll Brothers found the sweet spot in a tough housing market, writes Ryan Mulligan for the Philadelphia Business Journal. As new home sales…
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Accupac Shutting Down New Jersey Plant as Operations Shift to Montgomery County
Accupac is consolidating its operations in Pennsylvania as the Harleysville manufacturer prepares to close a New Jersey production facility, writes John George for the Philadelphia…
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West Conshohocken’s Madrigal Pharmaceuticals Eyes $1B Expansion Deal
Madrigal Pharmaceuticals is making another major move in the rapidly growing liver disease treatment market, writes John George for The Philadelphia Business Journal. The West…
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Developers Bet Big on Horsham With Major Luxury Apartment Community
After years of planning, a major luxury apartment project is finally moving forward in Horsham Township, writes Paul Schwedelson for Philadelphia Business Journal. Developers are…
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Chester County’s United Sports and YSC Sports Sold to Out-of-State Youth Sports Operator
United Sports Training Center in Downingtown and YSC Sports in Wayne have a new owner in Indiana-based Capacity Sports Group, which operates youth sports programs and manages…
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Major Health Systems Eye Montgomery County for Billion-Dollar Expansion
Montco is emerging as a focal point in major expansion plans from regional healthcare giants like Jefferson Health and Penn Medicine, writes John George for…
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Doylestown Health Names New CEO as Penn Medicine Integration Continues
A major leadership move is reshaping Bucks County’s healthcare landscape. Dr. Craig Gronczewski has been named the next CEO of Doylestown Health, stepping into the…
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323 Townhomes Coming to Parkesburg After Forestar Group Acquires 43-Acre Site
A 43-acre Parkesburg site approved for 323 townhomes has been acquired by Forestar Group, a D.R. Horton subsidiary, for $11.6 million, writes Ryan Mulligan for the Philadelphia Business Journal. Parke…
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Malvern Gene Company to Raise $115M from Convertible Notes While Dealing with Stock Decline
Malvern-based Ocugen saw its stock fall almost 20 percent after an announcement to use convertible notes to pay down existing debt and fund ongoing drug…
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Temple University Obtains Three Seven-Figure Gifts, Totaling $7.5 Million
Temple University has extended its recent fundraising efforts after receiving three new gifts, totaling $7.5 million, writes Ryan Mulligan for the Philadelphia Business Journal. The…
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Alex Fraser Lists New Hope Estate for $3.25 Million as His Bucks County Playhouse Tenure Nears Its End
Tony Award-winning producer Alex Fraser and his husband Peter Maloney have listed their New Hope home for sale, according to the Philadelphia Business Journal. The…
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Demand Outpaces Supply as Center City Apartment Vacancy Falls
Apartment vacancy in Center City continues to decline even as developers accelerate conversions of distressed office towers into hundreds of new residential units, writes Paul…
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King of Prussia Software Maker Vertex Lays Off 170 Employees in AI Shift
King of Prussia-based Vertex plans to reduce its workforce by nine percent, as the tax and compliance software maker pivots toward artificial intelligence, writes Jeff…
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Univest Financial Acquires La Salle University Fieldhouse Naming Rights in 10-Year Deal
Univest Financial Corp. has secured naming rights for La Salle University’s fieldhouse through a ten-year deal, establishing the Souderton-based company as the university’s official banking…
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Medical Office Building in Warrington Changes Hands in $17.25M Deal
Stone Manor Medical Office Building in Warrington has been acquired by Cornerstone Cos., a healthcare real estate development and investment firm based in Indianapolis, for…
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