Finance & Capital Management

New York -- Jamestown has closed on the $307.5 million acquisition of One Metro Center, a trophy office building located in the East End submarket of Washington, D.C.

Close to the White House, Treasury Department and Ronald Reagan Building, the property sits above Metro Center Station, the central hub of Washington’s subway system.

Canton, Mass. -- Dunkin' Donuts said it will open eight new restaurants in Rochester, N.Y., via a multi-unit store development agreement executed with existing franchisee Luis Ribeiro.

Ribeiro currently owns 25 of the 61 Dunkin' Donuts in the Greater Rochester area.  

"We expect 10 to 20 new Dunkin' Donuts restaurants to open in Rochester over the next few years," said Grant Benson, VP franchising and business development, Dunkin' Brands.

Quincy, Mass. -- Grocer Stop & Shop said it will close its six Stop & Shop banners and three gas stations in New Hampshire by Sept. 21, marking the chain’s exit from the state.

NEW YORK — News America Marketing, a coupon publisher in the U.S. and Canada which produces more than 165 billion coupons annually, has promoted Chris Blanco to EVP, CFO. He will report directly to CEO Paul V. Carlucci.

Bentonville, Ark. – Wal-Mart is considering entering the bidding for Hong Kong-based grocery chain ParknShop, Reuters reports. Wal-Mart is currently exploring options to enter the initial bidding process for ParknShop, which closes Aug. 16.

ParknShop is owned by Hutchison Whampoa Ltd., which in turn is owned by Li Ka-shing, reputedly the wealthiest man in Asia. The chain may be valued as high as $4 billion.

Wal-Mart, which has not commented publicly, said last year it would open 100 new stores in China by 2015.

DUBLIN, Calif. — Epicor Software Corporation, a global business software solutions provider for manufacturing, distribution, retail and services organizations, has appointed Noel Goggin as SVP and GM of the Epicor retail solutions business.

Menomonee Falls, Wis. – Law firm Levi & Korsinsky has commenced a class-action lawsuit against Kohl’s Corporation in the United States District Court for the Southern District of New York. The suit has been filed on behalf of investors who purchased Kohl's commons stock during the period between February 26, 2009 and September 13, 2011.

COLUMBUS, Ohio — The Limited has appointed former Brooks Brothers executive Diane Ellis as the company’s CEO, effective August 26.

Ellis was president and chief operating officer of Brooks Brothers for six years. She oversaw information technology, human resources, retail and outlet stores, planning and allocation, product development, sourcing, supply chain, e-commerce and finance.