Philadelphia Business Journal

Fine Print: Grocery-anchored Swede Square trades to Baltimore firm; Langhorne industrial building sells for $15.5M

An affiliate of A.T. Chadwick Co. Inc. sold 181 Wheeler Court, a 100,055-square-foot multi-tenanted industrial building in Langhorne, to an affiliate of Ares Management Corp. for $15.5 million. The property last traded in 2017 for $6.7 million. Developed in 2017, the building is fully occupied by SeaWorld Parks & Entertainment, MXR Imaging, Silgan Plastics, Dyventive, and Dynamix. Carl Neilson and Andrew McGhee of Colliers represented the buyer and seller.
Picture for Fine Print: Grocery-anchored Swede Square trades to Baltimore firm; Langhorne industrial building sells for $15.5M

Highest-Paid Public Company CFOS in Greater Philadelphia

This List includes the highest-paid chief financial officers from U.S. exchange publicly-traded companies that are headquartered within the counties of Berks, Bucks, Chester, Delaware, Lancaster, Lehigh, Montgomery or Philadelphia in Pennsylvania; Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester, Mercer, Ocean or Salem in New Jersey; or Kent or New Castle in Delaware. Source: S&P Global Market Intelligence.

'We are ready to fight': Sixers' Center City arena plans met with both praise and opposition

The Philadelphia 76ers' plan to build a new arena at 10th and Market streets was met with endorsements, questions and concerns on Wednesday. The proposed arena, estimated to cost $1.3 billion, would not open until the 2031-2032 season after the Sixers' lease ends at the Wells Fargo Center. Still, the news sent shockwaves throughout Philadelphia. Many city leaders lauded the proposal, while fans reacted to the news with skepticism and excitement.

West Philadelphia Skills Initiative plots expansion with $3.5M grant from Pew Charitable Trusts

University City District’s West Philadelphia Skills Initiative plans to broaden the program's reach in the city and double the number of participants with the help of a multimillion-dollar grant from the Pew Charitable Trusts. Pew Charitable Trusts’ Fund for Health and Human Services awarded the West Philadelphia Skills Initiative...

Real estate Leads - July 15, 2022

Find out what areas are developing rapidly to capitalize on growth opportunities for your business. Leverage data around foreclosures, building permits, mortgages, transactional data and more. Contact us to have a custom Leads search with full data delivered to your inbox weekly.

Liens & bankruptcies Leads - July 15, 2022

Learn which local businesses have recently filed for bankruptcy, unpaid income or unpaid payroll taxes. Mechanics' liens are included. Utilize this information to navigate opportunity and avoid risk. Bankruptcies (2 records) Collected from Federal bankruptcy courts, Chapter 7 is liquidation of all assets; Chapter 11 provides protection from creditors while...