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Young at heart: How some of Philadelphia's oldest businesses are moving into the future
News 18 hours ago
Young at heart: How some of Philadelphia's oldest businesses are moving into the future

The list of Philadelphia's 25 oldest businesses includes some of the area's most hallowed establishments and storied corporations. Deeply rooted in...

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Philadelphia Mayor Jim Kenney's administration on development at Hahnemann, PES refinery sites
News 3 days ago
Philadelphia Mayor Jim Kenney's administration on development at Hahnemann, PES refinery sites

Two key Philadelphia sites - both shuttered within the last year - are in play and what the future will bring for them remains up in the air. At...

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Society Hill Acme supermarket's underlying real estate sold
News 3 days ago
Society Hill Acme supermarket's underlying real estate sold

Sky Management Services, a New York real estate company, has acquired the land underneath the building that houses the Acme supermarket at 309 S....

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Giant secures waterfront site for yet another Philadelphia store
News 3 days ago
Giant secures waterfront site for yet another Philadelphia store

Tower Investments has lined up Giant Foods to anchor yet another one of its projects, this time on Columbus Boulevard along the Delaware River...

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Main Line institution Wayne Sporting Goods to close
News 4 days ago
Main Line institution Wayne Sporting Goods to close

For the last 55 years, Roger Galczenski has had a morning routine that first took him to Wawa for a cup of coffee and then down to Wayne Sporting...

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Serendipity Labs coworking operator takes 23,000 square feet in Marlton
News 4 days ago
Serendipity Labs coworking operator takes 23,000 square feet in Marlton

A New York-based coworking firm is entering the Greater Philadelphia market, expanding its reach to South Jersey with a new location in Marlton....

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Bozzuto Group plans to add hundreds of jobs, including in Philadelphia
News 4 days ago
Bozzuto Group plans to add hundreds of jobs, including in Philadelphia

Bozzuto Group's workforce is poised to exceed 3,000 in the coming year as the 32-year-old residential real estate firm continues an expansion into...

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Trump tax break that benefited the rich is being investigated
News 4 days ago
Trump tax break that benefited the rich is being investigated

A construction worker at the site of a parking garage next to the Preston, a luxury apartment development in a new opportunity zone in Houston, Aug...

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Bose to close all North American stores, including in King of Prussia
News 5 days ago
Bose to close all North American stores, including in King of Prussia

Bose Corp. will close all of its 119 retail stores in North America, Europe, Japan and Australia "over the next several months" as the consumer...

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Pennmark Properties sells Mount Laurel Office Center office buildings for $11M as it turns to retail
News 5 days ago
Pennmark Properties sells Mount Laurel Office Center office buildings for $11M as it turns to retail

Pennmark Properties sold one of its last remaining office holdings in the region as the firm doubles down on a part of the market others are...

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Philadelphia Industrial Development Corp. names Anne Bovaird Nevins new president
News 5 days ago
Philadelphia Industrial Development Corp. names Anne Bovaird Nevins new president

Anne Bovaird Nevins has been elevated to president of the Philadelphia Industrial Development Corp., becoming the first woman to the lead the 60...

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Dying malls? This one has found a way to thrive
News 5 days ago
Dying malls? This one has found a way to thrive

Editor's note: This story is available as a result of a content partnership with The New York Times. Subscribers will see stories like this every...

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Temple continues to mull options for Center City campuses
News 5 days ago
Temple continues to mull options for Center City campuses

Temple University continues to evaluate two of its Philadelphia campuses - its School of Podiatric Medicine at 8th and Cherry streets and its...

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One Tower Bridge in Conshohocken hits the market
News 6 days ago
One Tower Bridge in Conshohocken hits the market

One Tower Bridge, a 15-story, 271,000-square-foot building that heralded Conshohocken's rise as a premier office submarket in the Philadelphia...

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DoubleTree by Hilton Philadelphia-Valley Forge starts $18.5M renovation
News 6 days ago
DoubleTree by Hilton Philadelphia-Valley Forge starts $18.5M renovation

The DoubleTree by Hilton Philadelphia-Valley Forge started an $18.5 million renovation project this week that will overhaul its lobby and public...

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Lubert-Adler buys former PECO power station site on Delaware River
News 6 days ago
Lubert-Adler buys former PECO power station site on Delaware River

An entity affiliated with Lubert-Adler Real Estate Management Co. has paid $14.24 million for a sprawling property that had once been used as a...

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Jefferson pursues sale of some of its health care real estate holdings
News 1 week ago
Jefferson pursues sale of some of its health care real estate holdings

Thomas Jefferson University and Jefferson Health said Monday it is planning to form a long-term partnership with an Ohio real estate investment...

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'All of the easy sites are gone': Philadelphia-area industrial market thrives amid new challenges
News 1 week ago
'All of the easy sites are gone': Philadelphia-area industrial market thrives amid new challenges

As the industrial market grows throughout the tri-state area, land, labor and last-mile logistics are emerging as challenges for what has become a...

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Restaurant on ground floor of Franklin Residences is closing
News 1 week ago
Restaurant on ground floor of Franklin Residences is closing

Sandler's on 9th, a bar and restaurant on the ground floor of the Franklin Residences in Center City, is closing its doors Sunday after 18 months...

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Exclusive: Grocer to anchor Blatstein's South Broad project
News 1 week ago
Exclusive: Grocer to anchor Blatstein's South Broad project

Tower Investments has signed Giant Food Stores to anchor its proposed mixed-use project at Broad Street and Washington Avenue in Philadelphia. The...

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The Clay Studio to develop new ceramics center in South Kensington
News 1 week ago
The Clay Studio to develop new ceramics center in South Kensington

Arts nonprofit the Clay Studio will break ground next week on a 34,000-square-foot ceramic facility in the heart of South Kensington that aims to...

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US mall retailers hit by declining holiday sales
News 1 week ago
US mall retailers hit by declining holiday sales

Editor's note: This story is available as a result of a content partnership with the Financial Times. Subscribers will see stories like this every...

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Move over, King of Prussia: Upper Dublin, Horsham are fast becoming development hotbeds
News 1 week ago
Move over, King of Prussia: Upper Dublin, Horsham are fast becoming development hotbeds

Construction continues at the $200 million mixed-use Promenade at Upper Dublin project. To the envy of many communities, King of Prussia has been a...

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South Jersey shopping plaza near the busy '3M' market trades hands
News 1 week ago
South Jersey shopping plaza near the busy '3M' market trades hands

A South Jersey shopping plaza has sold for $5.4 million in a deal that shows both the strength of the busy "3M" market in South Jersey and its...

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Giant adds Philadelphia distribution hub, plans renovations to Main Line store
News 1 week ago
Giant adds Philadelphia distribution hub, plans renovations to Main Line store

Giant Food Stores plans to spend $114 million on several projects throughout the state but several of them will be in the region and include...

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Silverstein lands law firm at 1735 Market, open to additional Philadelphia deals
News 1 week ago
Silverstein lands law firm at 1735 Market, open to additional Philadelphia deals

A year after purchasing 1735 Market St. in Center City, Silverstein Properties has landed international law firm Akin Gump Strauss as a tenant and...

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A.C. Moore to lay off nearly 500 employees in South Jersey as it winds down
News 1 week ago
A.C. Moore to lay off nearly 500 employees in South Jersey as it winds down

A. C. Moore, which announced in November that it would be shuttering all of its stores after struggling for years, is laying off nearly 500...

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Old City parking garage sells, real estate firm has novel idea for it
News 1 week ago
Old City parking garage sells, real estate firm has novel idea for it

ASI Management, a Philadelphia real estate company run by Alex Schwartz, has purchased a garage in the Old City neighborhood of Philadelphia with...

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Jenkintown shopping center anchored by Whole Foods trades for $44M
News 1 week ago
Jenkintown shopping center anchored by Whole Foods trades for $44M

Baederwood Shoppes on the Fairway, a Whole Foods-anchored shopping center in Jenkintown, has sold for roughly $44 million. An affiliate of Barings...

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US shopping mall vacancies hit two-decade high
News 1 week ago
US shopping mall vacancies hit two-decade high

Editor's note: This story is available as a result of a content partnership with the Financial Times. Subscribers will see stories like this every...

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