Industry News: Around the Industry
ATEL Capital Group Completes Move to the Transamerica Pyramid Building
On December 8, 2012, ATEL Capital Group completed its relocation to the Transamerica Pyramid building. The relocation of the company’s headquarters from California St. reinforces ATEL’s commitment to the San Francisco market; where they have successfully cultivated their equipment leasing and venture business growth and success for 35 years. The 10 year lease is for the building’s 20,053 square foot ninth floor.
ATEL Capital Group’s President and CEO, Dean Cash stated, “The move to the Transamerica Pyramid building underscores the company’s long and successful history in San Francisco and highlights the growth of its business as well as the strength of its brand and client relationships. We look forward to continued success in this iconic landmark.”
The Transamerica Pyramid was completed in 1972 and contains 48-stories and houses 499,215 square-feet of office space. The building is the tallest skyscraper in the San Francisco skyline and it’s most iconic. It was among the five tallest buildings in the world upon its completion.
About ATEL Capital Group ATEL Capital Group is an international financial services company that offers its clients a wide array of financial solutions including equipment leasing, asset-based lending, venture finance, lease administration and asset management. Since its inception, ATEL has sponsored fourteen public SEC-registered equipment leasing programs as well as seven private growth capital investment programs. On August 20, 2012, the U.S. Securities and Exchange Commission declared effective ATEL Growth Capital Fund 8, LLC, a unique public fund formed to provide debt financing to emerging growth and pre-IPO companies. ATEL's Funds have attracted over 46,000 investors since its first public program was launched in 1986. Additional information about ATEL Capital Group and its subsidiaries can be found on the Company's web site at www.atel.com.
|Contact Name:||Mari Lynch|