{"id":349552,"date":"2026-06-06T14:20:18","date_gmt":"2026-06-06T14:20:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/349552\/"},"modified":"2026-06-06T14:20:18","modified_gmt":"2026-06-06T14:20:18","slug":"tasi-bank-provides-financing-for-acquisition-of-bay-tech-office-property-in-san-jose-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/349552\/","title":{"rendered":"TASI\u00ae Bank Provides Financing for Acquisition of Bay Tech Office Property in San Jose"},"content":{"rendered":"

$6 Million Commercial Real Estate Transaction Closed in 16 Days<\/p>\n

Abhay Sandhu<\/p>\n

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TASI (r) Bank vp\/relationship manager<\/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 – 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<\/p>\n

Gary Tobin<\/p>\n

[email\u00a0protected]<\/a><\/p>\n

415-450-0810<\/p>\n

A photo accompanying this announcement is available at https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/d179aeda-2479-419c-af49-6591246f4aef<\/a><\/p>\n

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