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Rappaport and Principal form JV partnership to acquire Mid-Atlantic assets
Washington, D.C. -- The Rappaport Cos. and Principal Real Estate Investors announced a joint venture to acquire retail assets throughout the Mid-Atlantic region.
The program launched with the recapitalization of approximately 1 million sq. ft. of retail space in four retail centers located in Northern Virginia.
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Rona appoints former Metro exec as new president and CEO
Boucherville, Quebec, Canada -- Canadian home-improvement chain Rona Inc. announced Tuesday it has named Robert Sawyer as president and CEO, effective next month.
Sawyer was previously an executive at grocery chain Metro Inc.
Rona’s acting CEO Dominique Boies will remain as company CFO.