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Joseph N. DiStefano writes business stories for the Inquirer, including the PhillyDeals column on Sundays, Mondays and often on other days too, as well as the blog at www.philly.com/phillydeals.
PhillyDeals: First Round Capital stands out in Philadelphia's leafy suburbs. Now it's moving downtown.
After what boss J. Anthony Hayden called a "tense" six-hour auction - on Auction.com, during thunderstorms that threatened to reset the bids - MIM Hayden Real Estate Funds of Conshohocken has agreed to pay $11 million for Walnut Hill, a 155,000-square-foot office building at 150 Warner Rd. in King of Prussia.