Pittsburgh
Couche-Tard Seeking to Acquire 7-Eleven’s Japanese Operator
Alimentation Couche-Tard is seeking to acquire the global 7-Eleven convenience-store chain from its Japanese operator. Meanwhile, Couche-Tard has also agreed… Read more
Zillow: One Third of U.S. Apartment Listings Offer Concessions
Amid cooling growth in apartment rents, more property managers are offering concessions to new tenants, Zillow reported. Nationwide, 33.2% of… Read more
Nassimi Realty Acquires Midwest Shopping Centers Totaling 400K SF
Nassimi Realty, a New York-based real estate development company, announced the acquisition of two retail properties: Lake Plaza in the… Read more
Residential Rents Post 11th Consecutive Monthly Decline
Rents for residential units fell again in June, with especially large declines in the South, where there’s been an influx… Read more
MAG Capital Partners Completes Industrial Sale-Leaseback
MAG Capital Partners acquired two industrial facilities in Western Pennsylvania in a sale-leaseback-structured transaction with HuFriedyGroup, a global manufacturer of… Read more
Indy-based Milhaus Breaks Ground on Apartments in Pittsburgh
Milhaus, a multifamily developer, owner and operator, has partnered with real estate investment firm BAM Capital to break ground on… Read more
Chicago/Midwest People & Company News, week of May 20, 2024
JLL has elected Susan Gore as an independent, non-executive member of its Board of Directors. She will also serve on… Read more
PNC Bank Extends Lease at PNC Centre
PNC Bank has signed a long-term lease extension for its downtown Chicago office, pivoting from reported plans to move to… Read more
Primanti Bros. Restaurant and Bar to Open in the Baltimore Region
Primanti Brothers Restaurant and Bar is set to open its first location in the Baltimore region this spring. The Pittsburgh-based… Read more
Secondary Markets Targeted for Advanced Manufacturing Sites
At one time, manufacturing sites were in predominantly major markets – think Detroit, Chicago and Pittsburgh. But in its recently… Read more
Cubs Co-Owner Laura Ricketts Leads Group Buying Chicago Red Stars
An ownership group of Chicago businesswomen led by Laura Ricketts, co-owner of the Chicago Cubs and a minority owner of… Read more
Kraft Heinz Names Carlos Abrams-Rivera as Next CEO
The Kraft Heinz Company, which is co-headquartered in Chicago and Pittsburgh, announced that Carlos Abrams-Rivera has been appointed as Chief… Read more
Houston Center Site for 6th Puttshack
Puttshack, the latest version of mini-golf, is opening up at Houston Center, in downtown Houston. Puttshack’s new indoor 26,000 square-foot… Read more