PITTSBURGH — A new owner may not be the only thing changing at Kaufmann's Grand on Fifth, the redevelopment of the 1.2 million-square-foot former department store building downtown.
As Florida-based Fontainebleau works to complete the buying of the property, sources familiar with the deal indicate that Target has been in advanced negotiations to lease a portion of the retail space in the building for one of its new small-format stores that it has been putting into urban areas.
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Pittsburgh Business Times