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Just one year after joining TRI as executive vice president and manager of the company's East Bay offices, veteran Edward Del Beccaro has been promoted to San Francisco Bay Area regional manager.
Vista offered Black Creek Group the rare opportunity to invest in a large newly built industrial project in the closely held Portland market, along with in-place income and the ability to add near-term value via lease-up.
There are approximately 29,200 tons of steel piling on the project and one of the biggest challenges is that the piles have extremely tight driving tolerances that will require a three-story template to ensure accurate alignment.
$240 million in acquisition financing was obtained for the Bank of America Tower, a 35-story class-A office asset on behalf of a joint venture of Beacon Capital Partners, Skanska USA and an institutional investor.