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Wells Expands Regional Acquisitions Team

ATLANTA-The largest purchaser of class A office and industrial properties in the US in both 2002 and 2003 grows its regional markets to four from three as it plans to book another record year of acquisitions.

By Alex Finkelstein | Updated on March 10, 2004

ATLANTA-Locally based Wells Real Estate Funds, which has acquired $4 billion of class A office and industrial product since 2001, is enlarging its regional markets to four from three as it plans to book another record year of acquisitions.

“As we move into 2004, we believe we have the right team in place to continue acquiring properties that best meet the needs of our investors and their investment goals,” says Wells chief investment officer David Steinwedell. “In addition to quality tenants in quality properties, we look for the most qualified individuals to run our regional acquisitions team.”

The Western Region team includes Joseph Pangburn, senior vice president; Robert Huff, and Joel Williamson, vice presidents; and Kevin Pell, analyst. They will oversee acquisitions in Los Angeles and Orange County, CA; San Francisco and San Jose; and Seattle.

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