CENTURY CITY, CA-Real estate investment firm Bentley Forbes has hired Don Palmieri as VP of asset management, the latest in a series of new hires as the company expands its reach and enlarges its portfolio. C. Frederick Wehba, the firm’s chairman and co-founder, says Palmieri’s will be responsible for the strategic management of BentleyForbes’ national portfolio of investment-grade commercial properties, which stands at approximately 7.5 million sf valued in excess of $1 billion.Bentley Forbes is working to triple the size of its portfolio over the next 24 months, Wehba notes. Palmieri served most recently as a managing director of asset management for Brentwood Asset Management & Advisory Group, a Los Angeles-based commercial real estate firm. Over the course of a career of nearly 20 yeasrs, he has served in senior asset, property and corporate management positions with Modern Parking Inc., the Archon Group and Cushman & Wakefield of California.Palmieri joins a list of new Bentley Forbes execs that includes David W. Cobb, formerly chief investment officer of Commercial Net Lease Realty Inc., who has joined the firm as president and CEO. As reported previously on GlobeSt.com, Bentley Forbes also formed a corporate executive committee that will work with Cobb to expand the company’s portfolio.

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