![\"TASI](\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/06\/c4e43e4860c6c1bb4c3ba855214f2642.png\")
TASI Bank <\/p>\n TASI Bank <\/p>\n
$6 Million Commercial Real Estate Transaction Closed in 16 Days<\/p>\n
Abhay Sandhu<\/p>\n
TASI (r) Bank vp\/relationship manager \u00b7 GlobeNewswire Inc. <\/p>\n
SAN JOSE, Calif., June 05, 2026 (GLOBE NEWSWIRE) — TASI\u00ae Bank today announced financing for the acquisition of a commercial office property located at 110 Bay Tech Drive in San Jose, reinforcing the Bank’s ongoing commitment to supporting commercial real estate investors, business owners, and entrepreneurs throughout California.<\/p>\n
The transaction, which closed in just 16 days, included $6 million in financing for the acquisition of the 58,000-square-foot office property, which is leased to a fast-growing advanced materials, LytEn, Inc.<\/p>\n
“At TASI Bank, commercial real estate lending is about more than financing properties \u2014 it’s about helping our clients create value, strengthen communities, and achieve long-term success,” said Abhay Sandhu, Vice President\/Relationship Manager at TASI Bank.<\/p>\n
“Our relationship-focused approach allows us to work directly with clients, which helps us expedite the process.”<\/p>\n
While many financial institutions continue to rely increasingly on transactional banking models, TASI Bank remains committed to combining technology with personalized service and local expertise.<\/p>\n
The Bay Tech Drive transaction reflects TASI Bank’s broader commitment to serving experienced investors, developers, and business owners throughout California. Since 1983, the Bank has provided pragmatic and long-term banking relationships designed to help clients achieve their business and investment objectives.<\/p>\n
“Every successful project represents more than a building,” Sandhu added. “It represents investment, job creation, community development, and confidence in the future.”<\/p>\n
As the CRE economy continues to evolve, TASI Bank remains dedicated to helping clients navigate changing market conditions, capitalize on new opportunities, and make a lasting impact in the communities they serve.<\/p>\n
About TASI\u00ae Bank<\/p>\n
Since 1983, TASI\u00ae Bank has provided personalized banking services and financial solutions to businesses, entrepreneurs, real estate investors, and individuals. Through relationship-based banking, local decision-making, and a commitment to exceptional service, TASI Bank helps clients achieve their financial goals while supporting the growth and vitality of the communities it serves.<\/p>\n
Contact: For TASI \u00ae Bank
Gary Tobin
gptobin@gmail.com<\/a>
415-450-0810<\/p>\n