Friday, July 20, 2007
Former Bank of Cal Building Sold
Jay Yi, owner of food packaging products company Inexim, has purchased the former Bank of California building at 1011 Pacific Ave. Yi plans to move his company offices from Puyallup to the third floor of the bank building and lease the architecturally elegant lobby for ceremonial occasions such as corporate events and weddings.
The Union Bank of California moved to the historic Waddell Building at S. 15th & Commerce two years ago. The building has long been recognized as one of the most ornate in Tacoma's financial district--the columned building exterior was constructed of Wilkeson sandstone and granite and the interior is finished with walnut and Travertine masonry and decorative plaster.