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November 1, 2018
Panattoni Development Co. has hired industry veteran Len Psyk as senior development manager. He makes the move from MUFG Union Bank, and has prior stints at Opus and Microsoft, where he managed the North American real estate portfolio. Panattoni is busy with Des Moines Creek Business Park, where the fully leased Phase IV is for sale, and it's also selling the fully leased Tacoma Gateway. It recently bought land for Phase II of Northwest Logistics Center in DuPont for almost $22 million, and is about to break ground there. Panattoni has developed over 14 million square feet in the region, and has 4.6 million square feet under development.