Bob Peterson |
IRVINE, CA (Feb. 23,
2015) – Passco Companies, LLC has appointed industry expert and veteran Bob
Peterson as Vice President, Investments for the company.
In his new role, Peterson will be responsible for
identifying, negotiating to acquire, underwriting and completing due diligence
for the company’s office, industrial and retail acquisitions throughout the
nation, including both stabilized and value-add investments, according to Bill
Passo, CEO of Passco Companies LLC.
“Bob has worked in real estate for more than three decades,
with a primary focus on real estate investment management,” explained Passo.
“His vast knowledge and expertise will bring tremendous value to our investment
team at Passco Companies as we continue to identify and acquire commercial real
estate investments nationwide that provide attractive returns for our
investors.”
Over the duration of his career, Peterson has led the
investment process for more than $6 billion in office, industrial, retail and
multifamily transactions. This experience has allowed Peterson to develop a
diverse background including capital formation, acquisitions, financing,
leasing and management.
Bill Passo |
Peterson noted, “I am thrilled to be joining such an
experienced and successful company and team, and look forward to supporting
Passco’s investment process, as the company continues its growth in the coming
years.”
Prior to joining Passco Companies, Peterson was Managing
Director at Buchanan Street Partners, Chief Investment Officer at Cornerstone
Real Estate Funds and Executive Vice President of Acquisitions and Dispositions
for KBS Realty Advisors.
Peterson has also served on Executive Management and
Investment Committees for over 20 years, and has served on the Board of
Directors of a public real estate company.
In addition to his professional positions, Peterson has
earned several top industry certifications including Certified Public
Accountant (CPA), Certified Commercial Investment Member (CCIM), and Certified
Property Manager (CPM), and he is a licensed Real Estate Broker in the State of
California.
Peterson has also been involved with the National
Association of Industrial and Office Properties (NAIOP) for 25 years, including
serving on the Southern California Chapter’s Board.
For a complete
copy of the company’s news release, please contact:
Corynne Randel / Jenn Quader
Brower, Miller & Cole
(949) 955-7940
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