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Old 12-07-2012, 12:47 PM
 
Location: Philadelphia, PA
6,121 posts, read 4,480,406 times
Reputation: 2241
Quote:
The Blackstone Charitable Foundation expects its decision to bring the Blackstone LaunchPad program to Philadelphia will result in 100 companies being formed and thousands of jobs being created over the next five years.
Blackstone sees a bounty of startups - Philadelphia Business Journal
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Old 12-10-2012, 01:09 PM
 
Location: Philadelphia, PA
6,121 posts, read 4,480,406 times
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Some new tenant signings at 400 Market Street.

-The Cultural Data Project, an entity associated with the Pew Charitable Trusts, leased 7,822 square feet on the 6th floor. Matthew Feeney and Brian McCurdy of Cresa Partners represented the tenant;

-Citizens Bank leased 5,485 square feet on the sixth floor for a computer training center for new employees. Kevin Maloney of CB Richard Ellis represented the tenant;

-Wiss Janney Elstner Associates Inc., a structural engineering firm in Princeton, N.J., will open its first Philadelphia office in 2,605 square feet on the 3rd floor. Neil Brazitis of Newmark Frank Knight Smith Mack represented the firm.

Glad to see more jobs being created in or moving to the city, especially suburban companies opening up off space in the city.

Kaiserman improves on vacancy rate at 400 Market in Phila. - Philadelphia Business Journal
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Old 12-11-2012, 07:00 PM
 
Location: Philadelphia, PA
6,121 posts, read 4,480,406 times
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In reaffirming its previously announced financial guidance, Liberty Property Trust noted several positive trends in the commercial real estate market: the economic recovery will slowly improve, industrial and office occupancy will increase and industrial and office rents have bottomed out, it said.

Liberty Property reaffirms 2013 guidance, shares fall a bit - Philadelphia Business Journal
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Old 12-12-2012, 02:47 PM
 
Location: Philadelphia, PA
6,121 posts, read 4,480,406 times
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[SIZE=4]Green’s bill could prompt more Web companies like Yorn to locate in Phila[/SIZE]

Assuming he hasn’t changed his mind since I saw him Monday night, Bill Green intends to introduce a bill in City Council tomorrow that he thinks could encourage more tech companies to set up shop in Philadelphia.

Speaking at a party to celebrate Yorn’s move from Conshohocken, Pa., to Center City, the Democratic councilman-at-large said the bill would require companies such as web-hosting or software-as-a-service firms based in the city to pay taxes only on sales to customers that also are based in the city. They currently pay taxes on all their sales.


http://www.bizjournals.com/philadelp...-more-web.html
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Old 12-18-2012, 01:50 PM
 
Location: Philadelphia, PA
6,121 posts, read 4,480,406 times
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Temple University is opening an Urgent Care site in Northeast Philadelphia

Temple Health opening urgent care site in Northeast Phila. - Philadelphia Business Journal
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Old 12-18-2012, 01:51 PM
 
Location: Philadelphia, PA
6,121 posts, read 4,480,406 times
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Another article, this time in the NYTimes has a confirmation of the upcoming additional building at Penn:

"A major drug company, Novartis, is betting on the Pennsylvania team and has committed $20 million to building a research center on the university’s campus to bring the treatment to market."
http://www.nytimes.com/2012/12/10/he...hlJRrLrX%20rQ&
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Old 12-19-2012, 09:31 AM
 
Location: Philadelphia, PA
6,121 posts, read 4,480,406 times
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News operations for the Saturday Evening Post will move from Indianapolis, reports that city’s Business Journal, and return to Philadelphia, where it was began in 1728 by Benjamin Franklin as the Pennsylvania Gazette.

Developer Open To NLNA’s Suggestions For Canal Street North | Hidden City Philadelphia
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Old 01-31-2013, 02:19 PM
 
Location: Philadelphia, PA
6,121 posts, read 4,480,406 times
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Quote:
Three longtime Cozen O’Connor partners are leaving the firm to start a Philadelphia office for San Francisco-based litigation firm Gordon & Rees.
Gordon & Rees opening Phila. office with Cozen trio - Philadelphia Business Journal
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Old 01-31-2013, 08:47 PM
 
Location: Reading, PA
933 posts, read 731,433 times
Reputation: 501
oh...damn... That sucks.
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Old 03-08-2013, 04:12 PM
 
Location: Philadelphia, PA
6,121 posts, read 4,480,406 times
Reputation: 2241
Quote:
Holt Logistics Corp. said Thuesday that shipping company Horizon Lineswill move its Northeast Port of Call to Philadelphia from Elizabeth, N.J. starting in April. Horizon services the US East Coast and Puerto Rico,

Horizon’s arrival will provide Philadelphia’s port with a major new carrier to possibly expand trade with Puerto Rico and the Caribbean. Horizon will use the port on a weekly basis.

Tom Holt Jr., president of Astro Holdings Inc., the lessee for Packer Avenue Marine Terminal in South Philadelphia, said Horizon’s decision will mean approximately 400 direct and indirect new jobs at the Port, Port-related businesses, and the region.
Horizon Lines Moving To Philadelphia - Philadelphia Business Journal
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