Philadelphia Business Journal
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Radnor’s Avantor Has a Pride Network for Employee Inclusivity
Avantor, a Radnor Fortune 500 company, was eager to increase its inclusivity practices and create a safe workplace for its employees. So in 2020, the…
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Philadelphia Developers Purchase Two Old City Buildings in Joint Venture
Lubert-Adler Real Estate Funds and Keystone Development and Investment, two Philadelphia developers, are finalizing a deal to purchase two Old City buildings, writes Paul Schwedelson…
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American Red Cross Center City Building Goes Up for Sale, Conversion Likely
A five-story Center City West office building currently owned by American Red Cross is going up for sale, writes Paul Schwedelson for the Philadelphia Business…
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Philadelphia Airport in the Sites of Turkish Airlines as a Destination
Turkish Airlines has 14 destinations in the United States after it added a direct route to Demark, but future stops for the airline will likely…
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Providence Town Center in Collegeville Hits Market Two Years After Last Trading
Wegmans-anchored Providence Town Center in Collegeville hit the market again just two years after it was last traded, writes Paul Schwedelson for the Philadelphia Business…
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King of Prussia Hotel Going On Auction With $3.5M Starting Bid
A King of Prussia hotel with 129 keys is heading to auction and it has a starting bid of $3.5 million, writes Emma Dooling for…
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Jason and Travis Kelce Are Now the Proud Owners of Garage Beer
Jason Kelce is not sitting still in retirement. He and brother Travis have teamed up to become “significant’ owners and operators of Ohio-based Garage Beer,…
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Boeing Laying Off 69 Employees at Ridley Plant Even As New Contracts Come In
Boeing is laying off 69 employees from its Ridley plant, effective Aug. 16, according to a state filing, but there’s nothing unusual in the move,…
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Sprouts Farmers Market Prepares to Open 2 New Philadelphia Locations This Month
Sprouts Farmers Market will be opening a new store at Roosevelt Mall and Quartermaster Plaza, respectively, later this month, writes Paul Schwedelson for the Philadelphia…
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Developer Switches Gears With Former Rite Aid Site in Center City from Apartment to Retail Project
Plans to construct a mid-rise apartment building on the western border of Center City have been scrapped and instead, the owner of the site is…
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Newtown Square’s ArriVent Partners With Chinese Firm on Cancer Drug
ArriVent Biopharma in Newtown Square has made a deal valued up to $615 million with a Chinese firm on a cancer drug development, writes John…
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Radnor Life Science Product Firm Avantor Narrowly Misses Fortune 500
The Radnor life science product company Avantor, which appeared last year among the Fortune 500, narrowly missed the list this year, dropping down from 485…
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Here Are the Most Popular Destinations for People Flying Out of Philadelphia
Not surprisingly, the largest number of flights out of Philadelphia International Airport in 2023 were heading to Orlando, Florida, home of Disney World and Universal…
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Former Exec Brian Kroll to Head Lincoln Financial’s Annuities
Radnor-based Lincoln Financial Group has hired former company executive Brian Kroll to lead its retail life and annuity business lines, writes Jeff Blumenthal for Philadelphia…
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University of the Arts to Close on June 7, Marking End to Nearly 150-Year Institution
The University of the Arts has announced its imminent closure, as the institution will be shutting down on Friday, June 7, writes Ryan Mulligan for…
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Radnor’s EQT Exeter buys 24 Minnesota Warehouse Portfolio
Radnor-based EQT Exeter is making the largest industrial deal the Twin Cities has seen in years with the purchase of a 24-warehouse portfolio in Minnesota,…
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American Airline’s New Copenhagen Route Expected to Create $31.9M Local Business Impact
American Airlines is creating a new direct route between Philadelphia International Airport and Copenhagen, Denmark that should bring economic opportunities to Greater Philadelphia, writes Emma…
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This Delaware County School District Named 4th Best in Pennsylvania
Greater Philadelphia has four of the state’s top 10 school districts, and one of them is in Delaware County, writes Ethan Lott for Pittsburgh Business…
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