Surge in Life Sciences Investment in Region Continues
The Greater Philadelphia region saw more than $12 billion invested in the life sciences sector in 2021.
Philadelphia Industrial Market Closes Out Another Record Year
Two year-end acquisitions totaling $45 million contributed to another record year in industrial sales for the region.
Record Construction Activity For Philadelphia
The Department of Licenses and Inspections has issued permit approvals likely to result in the construction of roughly triple the number of the average total per typical year.
Velocity Venture Partners Makes $32 Million Purchase in South Jersey
Bala Cynwyd real estate company purchased the former 600,000-square-foot space of Aluminum Shapes Inc. through a Chapter 11 bankruptcy sale.
Philadelphia Metro Area Among the Lowest Cost of Living Increase
According to a recent report, Philadelphia-Camden-Wilmington metro area had the fourth lowest cost of living increase in the past decade.
CIC Philadelphia Names Two Women Scientists to Lead Its University City Site
The operator of a co-working space with labs and offices for life sciences companies names Michelle Ottey and Kelly Sullivan as leaders for its University City site that embarked on an $11 million expansion project last year.