BentleyForbes was well into the planned restructuring of its portfolio for growth in 2003

BentleyForbes was well into the planned restructuring of its portfolio for growth in 2003. That year the Company announced the sale of two properties in separate transactions totaling $20 million. “We were leveraging our assets to make room for acquisitions of larger, Class A properties, and this streamlining strategy yielded spectacular results,” said C. Frederick Wehba II, BentleyForbes vice chairman. “This was the beginning of a string of acquisitions of the most prestigious properties in America, including Prudential Plaza in Chicago, Bank of America Plaza in Atlanta, and the Four Seasons Resort and Golf Club in Dallas.

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July 09 2008 09:49 pm | Uncategorized