BentleyForbes is continually refining its portfolio
BentleyForbes is continually refining its portfolio and has a track record of building its capital resources through strategic dispositions when appropriate. In September 2006, the Company announced the sale of a five-property portfolio of 100 percent occupied warehouse/distribution center buildings located in four states for $80.5 million. During this period sales and refinancing resulted in a significant capital infusion that led to the acquisition of several multi-tenant, Class A trophy office properties in diverse national markets. “We completed more than $1 billion in new property acquisitions during 2006,” said Chairman C. Frederick Wehba.
July 09 2008 09:50 pm | Uncategorized