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LOS ANGELES-David Cobb, chief investment officer and EVP at Orlando-based Commercial Net Lease Realty Services Inc., will join locally based Bentley Forbes in June as president and CEO, Bentley Forbes has confirmed.

Cobb will join Bentley Forbes “probably on the 21st of June,” Fred Wehba of Bentley Forbes tells GlobeSt.com, although the move could occur sooner. Cobb will assume titles formerly held by the Wehba family and will become part of a four-member executive committee including Fred Wehba as chairman, along with Fred Jr. and Chad Wehba as vice chairmen.

Fred Wehba says the move is designed to expand and strengthen the management team at Bentley Forbes as the company executes its previously announced plans for overall growth as well as expanding beyond its roots in single-tenant, net-leased properties and into the multi-tenant office market. As part of that strategy, the Los Angeles company in recent months has added Mark L. Horinbein from Aimco as VP of acquisitions, Randy Vida as controller and VP of finance from his previous post at the Viking Office Products unit of Office Depot, and Ted Robinson as VP of finance and acquisitions from his former post at the Southern California-franchisee for Krispy Kreme Doughnuts.

Cobb has served at Commercial Net Lease Realty Services Inc., a REIT, after being chairman and CEO of RealtyLogix Inc., where he developed new web-enhanced products for financial institutions involved in commercial loan origination and commercial real estate portfolio risk management surveillance. He also served as chairman and CEO of National Capital Holdings Inc., SVP for Raymond James & Associates, SVP for Donaldson, Lufkin & Jenrette, and regional manager for Drexel Burnham Lambert.

Bentley Forbes was founded in 1993 by members of the Wehba family and today owns a portfolio valued in excess of $1 billion. Its holdings include more than eight million sf of office buildings, shopping centers and industrial properties, light manufacturing facilities and warehouses.

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