It is an honor to join such a talented team, and I look forward to building deeper relationships and leveraging the firm’s operating infrastructure in these new markets.
Boston, MA (PRWEB) April 14, 2015
Banyan Street Capital, the Miami-based private real estate investment firm, is expanding its footprint with a new office in Boston, the firm announced today. Victor Bucchere, a 29-year industry veteran, will head the office as Principal and Senior Managing Director.
“We are delighted to be further expanding our presence in the Northeastern and Mid-Atlantic U.S.,” said Rudy Prio Touzet, Founder and CEO of Banyan Street. “To have someone of Vic’s caliber join our team deepens our execution abilities and enhances our capacity to service our expanding investor base.”
Bucchere previously managed CBRE Global Investors’ Boston office and directed acquisitions in the Americas for the firm’s Managed Accounts Group. During this time he guided more than $10 billion in acquisitions and $7 billion in structured joint venture activities. Altogether, he has more than 35 years of investment experience.
“I am tremendously pleased to be joining Banyan Street at such an exciting time of growth,” remarked Bucchere. “It is an honor to join such a talented team, and I look forward to building deeper relationships and leveraging the firm’s operating infrastructure in these new markets.”
The move is the latest advancement for Banyan Street, which completed a $237 million, 19-asset purchase from Parkway Properties in December of 2014. The firm will seek both equity and debt investment opportunities throughout the Mid-Atlantic and Northeast regions from the new Boston office, which is slated to open May 1 at Independence Wharf. The office will also oversee the firm’s regional property management, leasing and disposition capabilities.
Boston will be the third major office for Banyan Street, which was founded in 2012 and has offices in Atlanta, in addition to its Miami headquarters. While the firm is well established in the Southeast and its principals have a track record in the Mid-Atlantic U.S, the opening of the Boston office represents the firm’s first venture into the Northeastern U.S.
About Banyan Street Capital
Banyan Street Capital is a real estate private equity firm focused on acquiring and managing office properties directly or in joint ventures with institutional capital partners. The firm’s team is deeply experienced in all aspects of real estate investment and management, from sourcing through realization. With a current portfolio of approximately 10 million square feet, Banyan Street Capital’s mission is to implement strategies that add value and deliver high risk-adjusted returns to its investors
For more information on Banyan Street Capital, visit http://www.banyanstreet.com.