Pike Street

C&C Toyota and C&C Chrysler Dealerships in Marietta, Ohio Sold to Victory Automotive Group

Retrieved on: 
Wednesday, July 5, 2023
Justin Cappos, Pike Street, North Central Regional Transit District, OH, Car wash, Dodge, Sale, Toyota, Chrysler, Tuffy Auto Service Centers, Car dealership, Automotive industry

In addition to the two dealerships, Victory Automotive purchased the C&C Car Wash and Service Center in Parkersburg, West Virginia.

Key Points: 
  • In addition to the two dealerships, Victory Automotive purchased the C&C Car Wash and Service Center in Parkersburg, West Virginia.
  • The dealerships are now known as Victory Toyota Marietta and Victory Chrysler Dodge Jeep Ram Marietta and are located at 1305 Pike Street in Marietta, OH.
  • The 49,924 square foot building space houses both the Toyota and Chrysler dealerships and is positioned on 7.15 acres of land.
  • Victory Automotive represents 14 of the best automotive brands including Toyota with nine locations and six Chrysler Dodge Jeep Ram locations, with Victory Marietta being their first Chrysler Dodge Jeep Ram location in Ohio.

Pike Street Capital Announces Investment in Apollo Optical Systems

Retrieved on: 
Thursday, May 4, 2023
International Journal of Physical Distribution & Logistics Management, Ansys, Pike Street, B2B, LIDAR, Research, AOS, VR, LED, Konica Minolta, Investment, Growth, OEM, Telescopic sight, LP

SEATTLE, May 4, 2023 /PRNewswire-PRWeb/ -- Pike Street Capital, LP ("Pike Street"), a Seattle-based private equity firm, announced an investment in Apollo Optical Systems ("AOS"), a leader in the design and manufacture of precision optical components and systems. Based in the greater Rochester, NY area, well-known as an innovation hub for optics technology, AOS serves OEM customers in the industrial metrology, VR, commercial, LED lighting, medical instrument, automotive sensor and LIDAR, and defense markets.

Key Points: 
  • Pike Street Capital, LP, a Seattle-based private equity firm, announced an investment in Apollo Optical Systems, a leader in the design and manufacture of precision optical components and systems.
  • SEATTLE, May 4, 2023 /PRNewswire-PRWeb/ -- Pike Street Capital, LP ("Pike Street"), a Seattle-based private equity firm, announced an investment in Apollo Optical Systems ("AOS"), a leader in the design and manufacture of precision optical components and systems.
  • Pike Street brings extensive operational and investment experience in the optics technology sector, and the AOS investment will serve as a foundation from which to further expand into the market.
  • "AOS is a great partner to launch this platform with," said Dave Dandel, Partner at Pike Street Capital.

Thor Equities Group Continues Industrial Expansion on West Coast

Retrieved on: 
Monday, April 10, 2023
Pike Street, Thor, Acquisition, Inland, Commerce, Financial services, Greater Los Angeles

New York, NY, April 10, 2023 (GLOBE NEWSWIRE) -- Thor Equities Group, a global leader in urban real estate development, leasing and management, is pleased to announce the acquisition of a 58,000 square foot industrial asset in the Inland Empire West submarket of Ontario, California.

Key Points: 
  • New York, NY, April 10, 2023 (GLOBE NEWSWIRE) -- Thor Equities Group, a global leader in urban real estate development, leasing and management, is pleased to announce the acquisition of a 58,000 square foot industrial asset in the Inland Empire West submarket of Ontario, California.
  • This latest acquisition represents the fourth industrial acquisition in the Greater Los Angeles region for Thor.
  • The 100% leased facility includes office space and features 23’ clear heights, a 135’ secured concrete truck court, and more.
  • “Majority of commodities entering the United States are destined for the Inland Empire’s distribution facilities before making their way across the nation, underscoring how essential the Southern California submarket currently is,” said Executive Vice President of Thor Equities Group, Jack J. Sitt.

Thor Equities Group Signs Lease with Banana Republic at 152 Geary Street in San Francisco

Retrieved on: 
Wednesday, December 21, 2022
Thor, Gap Inc., Acquisition, Maiden Lane, Pike Street, Thor Equities, Commerce, Union Square

Founded in San Francisco in 1978, Banana Republic was acquired by international corporation Gap Inc. in 1983 and is known for its classic and sophisticated style of apparel and accessories.

Key Points: 
  • Founded in San Francisco in 1978, Banana Republic was acquired by international corporation Gap Inc. in 1983 and is known for its classic and sophisticated style of apparel and accessories.
  • With locations across North America, the brand uses the finest materials for its modern pieces and has been devoted to sustainability and bettering communities worldwide.
  • “We are pleased to welcome Banana Republic to 152 Geary Street.
  • Thor Equities has been focused on building a diverse portfolio across all sectors with recent acquisitions of premier industrial assets worldwide.

Thor Equities Group Continues Industrial Expansion in Greater Los Angeles Market

Retrieved on: 
Thursday, December 1, 2022
Inland Empire, Port of Long Beach, Thor Equities, Sitt, Pike Street, Thor, City, Acquisition, Rail freight transport, Financial services, Greater Los Angeles

This latest acquisition represents the third industrial acquisition in the Greater Los Angeles region for Thor.

Key Points: 
  • This latest acquisition represents the third industrial acquisition in the Greater Los Angeles region for Thor.
  • Located in the West Inland Empire, one of the strongest industrial submarkets in the entire nation, 10516CommerceWay offers users a rare opportunity to access millions of consumers on the West Coast in record time, said Chairman of Thor Equities Group, JoeSitt.
  • Earlier last month, Thor acquired its fourth industrial property in the state of Georgia with the procurement of a 40-acre parcel in Adairsville.
  • Thor Equities is a leader in the development, leasing and management of office, industrial, laboratory, residential, hotel and mixed-use assets in premier urban locations worldwide.

Washington Federal, Inc. and Luther Burbank Corporation Announce Definitive Merger Agreement to Form a $29 Billion Asset Western US Bank

Retrieved on: 
Monday, November 14, 2022
WAFD, Pike Street, Calendar, Telephone, Exchange, Washington Federal, Form, FDIC, 4th floor, LBC, Culture, Keefe, Bruyette & Woods, Security (finance), Holland & Knight, Organization, Airline, Bank, Online shopping

SANTA ROSA, Calif., Nov. 13, 2022 (GLOBE NEWSWIRE) -- Washington Federal, Inc. (NASDAQ: WAFD, Washington Federal) and Luther Burbank Corporation (NASDAQ: LBC, Luther Burbank) jointly announced today the signing of a definitive merger agreement (Merger Agreement) pursuant to which Washington Federal will acquire Luther Burbank and its wholly-owned subsidiary, Luther Burbank Savings, in an all-stock transaction valued at approximately $654 million based upon the closing price of Washington Federals common stock on November 11, 2022.

Key Points: 
  • SANTA ROSA, Calif., Nov. 13, 2022 (GLOBE NEWSWIRE) -- Washington Federal, Inc. (NASDAQ: WAFD, Washington Federal) and Luther Burbank Corporation (NASDAQ: LBC, Luther Burbank) jointly announced today the signing of a definitive merger agreement (Merger Agreement) pursuant to which Washington Federal will acquire Luther Burbank and its wholly-owned subsidiary, Luther Burbank Savings, in an all-stock transaction valued at approximately $654 million based upon the closing price of Washington Federals common stock on November 11, 2022.
  • Washington Federal conducts its business primarily through its wholly owned subsidiary, Washington Federal Bank (WaFd Bank).
  • As of September 30, 2022, Luther Burbank had total assets of $7.9 billion, total loans of $6.9 billion and total deposits of $5.8 billion.
  • Washington Federal, Luther Burbank and their respective officers and directors may be deemed to be participants in the solicitation of proxies from the security holders of Luther Burbank with respect to the transactions contemplated by the proposed merger.

Washington Federal, Inc. and Luther Burbank Corporation Announce Definitive Merger Agreement to Form a $29 Billion Asset Western US Bank

Retrieved on: 
Thursday, November 24, 2022
Banking, Professional Services, Finance, 4th floor, Keefe, Bruyette & Woods, Washington Federal, Exchange, Environment, Holland & Knight, Security (finance), LBC, Calendar, Culture, Form, Pike Street, Federal, FDIC, WAFD, Organization, Telephone, Airline, Bank, Online shopping

Washington Federal, Inc. (NASDAQ: WAFD, Washington Federal) and Luther Burbank Corporation (NASDAQ: LBC, Luther Burbank) jointly announced today the signing of a definitive merger agreement (Merger Agreement) pursuant to which Washington Federal will acquire Luther Burbank and its wholly-owned subsidiary, Luther Burbank Savings, in an all-stock transaction valued at approximately $654 million based upon the closing price of Washington Federals common stock on November 11, 2022.

Key Points: 
  • Washington Federal, Inc. (NASDAQ: WAFD, Washington Federal) and Luther Burbank Corporation (NASDAQ: LBC, Luther Burbank) jointly announced today the signing of a definitive merger agreement (Merger Agreement) pursuant to which Washington Federal will acquire Luther Burbank and its wholly-owned subsidiary, Luther Burbank Savings, in an all-stock transaction valued at approximately $654 million based upon the closing price of Washington Federals common stock on November 11, 2022.
  • Washington Federal conducts its business primarily through its wholly owned subsidiary, Washington Federal Bank (WaFd Bank).
  • As of September 30, 2022, Luther Burbank had total assets of $7.9 billion, total loans of $6.9 billion and total deposits of $5.8 billion.
  • Washington Federal and Luther Burbank caution that the foregoing list of factors is not exclusive.

Thor Equities Group Acquires Strategic Industrial Asset in Los Angeles for $85M

Retrieved on: 
Thursday, July 14, 2022
Acquisition, Port, Port of Los Angeles, Thor, GLOBE, Anheuser-Busch, Population, Pike Street, Collection, Joseph Sitt, PFA, Thor Equities, Security (finance), Financial services, I-5

Thor Equities and PFA have been partnering since 2016 to acquire, develop, and operate best-in-class assets and have established the Thor PFA USA Industrial Fund and Thor PFA European Mixed-Use Fund.

Key Points: 
  • Thor Equities and PFA have been partnering since 2016 to acquire, develop, and operate best-in-class assets and have established the Thor PFA USA Industrial Fund and Thor PFA European Mixed-Use Fund.
  • Located in the Mid-Counties submarket of Los Angeles with access to I-5 and I-605, the property is 17 miles from Downtown Los Angeles and 24 miles from the Port of Los Angeles.
  • This acquisition offers a rare opportunity to invest in one of the most desirable asset classes and industrial markets in Southern California.
  • Last week Thor acquired an industrial portfolio in Savannah for $49M, the third investment in the state of Georgia in the last nine months.

Pike Street Capital Announces Investment in Fair Market, Inc.

Retrieved on: 
Tuesday, November 30, 2021
International Journal of Physical Distribution & Logistics Management, CEO, Industry, Partnership, Pike Street, Restaurant, GLOBE, LLC, FMI, B2B, Growth, Grocery store, Management

(Pike Street), a Seattle-based private equity firm, announced an investment in Fair Market, Inc. (FMI), a family-run wholesale specialty food distributor based in Wentzville, Mo.

Key Points: 
  • (Pike Street), a Seattle-based private equity firm, announced an investment in Fair Market, Inc. (FMI), a family-run wholesale specialty food distributor based in Wentzville, Mo.
  • The Pike Street investment will serve to accelerate this growth trajectory by expanding its addressable markets and product lines.
  • Were thrilled to partner with FMI and the Eisenbath family, said Ed Whatley, Partner at Pike Street Capital.
  • Pike Street Capital was co-founded by Paul Caragher, Dave Dandel and Ed Whatley.

Pike Street Capital Backs Investment in Swan Packaging Fulfillment

Retrieved on: 
Thursday, November 11, 2021
Fortune 500, Pike, Health, Technology, Growth, Beauty, Pike Street, LLC, International Journal of Physical Distribution & Logistics Management, Partnership, Acquisition, GLOBE, B2B, CO, GA, D2C, Warehouse, Management

SEATTLE, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Pike Street Capital, LLC (Pike Street) portfolio company QuickBox Fulfillment (QuickBox) announced the acquisition of Swan Packaging Fulfillment (Swan), a Wayne, NJ-based provider of fulfillment and packaging services to D2C and B2B businesses.

Key Points: 
  • SEATTLE, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Pike Street Capital, LLC (Pike Street) portfolio company QuickBox Fulfillment (QuickBox) announced the acquisition of Swan Packaging Fulfillment (Swan), a Wayne, NJ-based provider of fulfillment and packaging services to D2C and B2B businesses.
  • Pike Street Capital provided additional capital to support the investment in Swan.
  • Were really excited about the logistics and fulfillment sector, said Paul Caragher, Partner at Pike Street.
  • Established in 1986, Swan Packaging Fulfillment provides order fulfillment, packaging & assembly services, and Amazon support services for both direct-to-consumer (D2C) and business-to-business (B2B) customers.The company supports multi-channel fulfillment programs across a range of industries and product types.