Philadelphia Business Journal
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Jim and Mia Cassady Are Bringing Pickleball Centers to Delaware County
Glen Mills native Jim Cassady has given up his job in digital marketing at Bristol Myers Squibb so he can saturate Delaware County with pickleball…
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Radnor Court Office Building in Wayne Sells for $36M
The three-story Radnor Court office building at 259 N. Radnor Chester Road in Wayne has sold for just over $36 million, writes, Paul Schwedelson for…
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King of Prussia’s Westover Buys New York Real Estate Portfolio for $94.5M
King of Prussia-based Westover recently purchased a multifamily real estate portfolio in New York for $94.5 million from Black Spruce Management, writes Paul Schwedelson for…
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Big 2024 Endowment Gains for Colleges in Delaware County
There were widespread 2024 endowment gains, some with hundreds of millions in investment returns, for colleges and universities in the Philadelphia region, including some in…
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Frontier Airlines Cuts 5 Philadelphia Airport Routes for 2025
The low-cost carrier Frontier Airlines, the second largest airline at Philadelphia International Airport, has cut four routes from the airport, and has cut another temporarily…
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Marinus Therapeutics in Radnor Acquired by Swedish Company
Marinus Pharmaceuticals, based in Radnor, is being acquired by Immedica Pharma, a Swedish drug company specializing in treatments for rare diseases, writes John George for…
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Elwyn Launches $100M Campus Plan With Developer Hire
The behavioral health nonprofit Elwyn, headquartered in Media Borough, is spending $100 million to redevelop its main campus, including a new $45 million school, writes…
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The Kibitz Room: Jewish Deli on Steroids Coming to King of Prussia
The Kibitz Room from Cherry Hill is expanding to King of Prussia, writes Emma Dooling for the Philadelphia Business Journal. The new space will occupy…
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After Crebilly Farm Purchase, Westtown Township Draws Attention to Remaining Residential Parcels
Westtown Township’s $20 million purchase of 206 acres of Crebilly Farm has sparked renewed interest in the four residential parcels that remain, writes Ryan Mulligan…
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Washington D.C.-Based Hospitality Group Set to Debut Mi Vida in Philadelphia, Eyes Further Expansion
Knead Hospitality + Design is gearing up to open its first Philadelphia restaurant next year, with plans already underway for further expansion in the region,…
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Bottled in Ambler, Art in the Age Spirits Gets Big Win in State Stores
Art in the Age Spirits, bottled in Ambler, is officially hitting stores in Pennsylvania, writes Emma Dooling for Philadelphia Business Journal. The New Hampshire-based distillery’s…
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Elwyn CEO Charles McLister in Media Makes Admired CEO Series
Philadelphia Business Journal recognized Elwyn CEO Charles McLister as one of its most admired CEOs in 2024. The resolute CEO, originally from Pittsburgh, has headed…
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Widener President Stacey Robertson Makes Admired CEO Series
Philadelphia Business Journal recognized Widener University President Stacey Robertson as one of its most admired CEOs in 2024. Robertson, originally from Scottsdale, Arizona, became president…
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Toll Brothers Breaks Record with Biggest Year in Company History
Fort Washington-based Toll Brothers capped off its 2024 fiscal year with $10.6 billion in home sales revenue, marking the best year in its history, writes…
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St. Joe’s Lists its University of the Sciences Properties for Individual Sale
Saint Joseph’s University has listed five former University of the Sciences (USciences) properties for sale, reports Ryan Mulligan for the Philadelphia Business Journal. The Lower…
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Now Under New Ownership, Di Bruno Bros is Eyeing Expansion Throughout Philadelphia
Di Bruno Bros is now under the ownership of Brown’s Super Stores, who wants to maintain the local charm of the South Philadelphia-born specialty grocer,…
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Prospect Medical Seeks Change of Venue in Crozer Takeover Case
A motion filed by the Pennsylvania Attorney General to have the state take over the financially-struggling Crozer Health system should be heard in Philadelphia, not…
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PREIT’s New CEO Considered Redeveloping Exton Square Mall Before Deciding to Sell
PREIT considered redeveloping Exton Square Mall before ultimately deciding to sell the property to generate funds for paying down debt, writes Paul Schwedelson for the…
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