Deutsche unit buys Fort Point buildings
Deutsche Asset & Wealth Management's RREEF America, a division of Deutsche Bank, purchased the buildings at 269-277, 279-283 and 321-325 Summer St. in South Boston's Fort Point Neighborhood for $94.9 million from San Francisco's Spear Street Capital, according to Suffolk County Registry of Deeds documents.
State promotes craft breweries
The Massachusetts Department of Agricultural Resources yesterday unveiled the Massachusetts Craft Brewers Passport to support local brewers. The passport, developed in partnership with the Massachusetts Brewers Guild, promotes more than 60 craft breweries across the state and the local ingredients they use.
The Massachusetts Craft Brewers Passport features a map of the commonwealth, with the locations of local breweries split into five regions. Breweries that use Massachusetts-grown ingredients are indicated with a small tractor icon. At each brewery, visitors can get their passport stamped and when a region is completed, they can receive a free T-shirt.
Sbarro files for bankruptcy again
Sbarro has filed for Chapter 11 bankruptcy reorganization for the second time in just three years as the pizza chain struggles to turn its business around amid a drop in traffic at shopping mall food courts.
The bankruptcy filing yesterday comes after the company shuttered 155 of its U.S. locations last month. The Melville, N.Y., company still has about 800 locations globally, half of those in North America.
Today
Commerce Department releases wholesale trade inventories for January.
Labor Department releases job openings and labor turnover survey for January.
TOMORROW
Treasury releases federal budget for February.
THE SHUFFLE
DLA Piper has announced that lawyers Tim Fuhriman and Stephan Harris have joined the firm's Boston office.
Fuhriman, who is a member of the firm's corporate and securities practice, focuses his practice on assisting companies and investors on a wide range of general corporate and securities matters.
Harris, an associate in the firm's tax practice, advises on the tax aspects of cross-border mergers and acquisition, post-acquisition integration, operational structuring and general international tax planning matters for a range of clients.
Do you have a job announcement or promotion at your company? Send the information along with a photo to bizsmart@bostonherald.com.
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