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Ashforth Pacific Adds Another Key Player

PORTLAND-As CEO Hank Ashforth and new president Scott Langley work on fattening up the company's West Coast portfolio, 30-year industry veteran Bill Barendrick is brought on as the senior vice president responsible for managing the assets and increasing the company's third party management business.

By Brian K. Miller | Updated on March 23, 2001

PORTLAND-In another show of its commitment to rapid expansion, Ashforth Pacific Inc. added another piece to its puzzle this week in Bill Barendrick, a past president of both CAR and BOMA who for the past 12 years has been managing the real estate investments of Oregon Public Employees Retirement Fund on behalf of LaSalle Investment Management.

Ashforth Pacific is a developer, owner, manager and builder of class A office space that is looking to grow on all fronts. CEO Hank Ashforth and new president Scott Langley say they are planning to make multiple acquisitions in southern California and the Northwest to beef up its owned-property portfolio.

Barendrick is the company’s new senior vice president in charge of the Asset Services Division, responsible for managing the company-owned portfolio and securing new third-party property and parking management assignments. He’ll also be tapped to help examine potential acquisitions. For OPERF, Barendrick participated in acquisitions and disposition decisions, annual budgets, hold/sell analyses and strategic planning for the fund’s $750 million in real estate investments spread across 21 states.

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