Welcome, sign in or click here to subscribe.
Login: Password:




  People & Companies

May 18, 2017

3 promotions at Urban Renaissance Group




URG has announced new titles and duties for a trio of employees. A 12-year veteran in commercial real estate, Matthew Simo was named VP of acquisitions. With three decades in his field, Randy Bartl was named VP of engineering. Renee Evans was named director of human resources and organizational development.

NAIOP party on Sellen's SLU roof

The weather forecast is clear for NAIOP's rooftop social and networking event. The mixer starts at 5 p.m. Thursday, May 25 on the rooftop deck at Sellen Construction, 227 Westlake Ave. N. Attendees will be able to count at least a half-dozen project sites, including: Greystar's 28-story residential tower at 200 Eighth Ave. N., Pillar Properties' 24-story residential tower at 820 John St. and the Redman family's 12-story office tower at 234 Ninth Ave. N. (Scott Redman is president of Sellen.) At 910 John St. Vulcan Real Estate is planning a seven-story mixed-use building, and at the Shilla restaurant triangle Chinese investors are planning a 39-story residential tower. Just south, Vulcan is planning Block 48: a 41-story residential tower, an 18-story office tower and retail. Registration is at: naiopwa.org.

M&M taps Joel Deis for national team


Marcus & Millichap has promoted Seattle-based Joel Deis to lead its national self-storage team. Deis has been with the firm for five years. The UW grad was on the Huskies' 2001 Rose Bowl championship team. M&M's Alan L. Pontius said Deis will play a key role in growing the firm's market share.

Deanna Dargan starts real estate firm


Deanna Dargan has formed a new real estate marketing firm in Tacoma called Tairis Group. Tairis will act as a marketing department for clients, and also offer project-specific services, branding and promotion. Dargan was with The Rush Companies and BCRA. Her clients include Blue Architecture of Bremerton, and Tacoma-based Nexus and Colvos Construction. Colvos is working on the new Infoblox offices on Pacific Avenue.

ULI offers Publix tour

Developed by the Moriguchi family (of Uwajimaya), the Publix is one of the first significant new projects in the International District, though a wave of new development is coming. Urban Land Institute is offering a tour of the project. Miye Moriguchi and Kiki Gram of Spectrum Development Solutions will talk about the renovation and addition. The happy-hour event starts at 5 p.m. Thursday, May 24 at 504 Fifth Ave. S. Details and registration: netforum.uli.org.

NBS acquires Draper Hergert

Local mortgage banking firm Draper Hergert Shaw has been acquired by Portland's Norris, Beggs & Simpson Companies. NBS said DHS principals Alan Hergert and Bruce Shaw will join its Seattle office. NBS generated $691 million in loans from the Seattle office last year.

Perkins worked on F5 Tower deal

Perkins Coie said that it provided legal representation to F5 Networks in the deal to move its headquarters to the tower at 801 Fifth Ave. being developed by Daniels Real Estate and financial partner Stockbridge Capital Group. Perkins' team was led by partner Michael A. Barrett, and included partners Nathan F. Fahrer and Andrew L. Greene and counsel Katherine C. Wax. F5 Networks is expected to move into the 516,000-square-foot space in early 2019.

May 11, 2017

Tacoma retail center sells for $47M

Capital Pacific said it handled the sale of Highland Hill Shopping Center in Tacoma for owners Highland Sixth Associates LP, a partnership associated with Koehler & Co., which bought and expanded the property in 1985. The price was $47.35 million. The buyer was an LLC associated with Retail Opportunity Investments Corp. of San Diego. The Capital Pacific team was led by Sean Tufts. He said ROIC has been one of the most active large-scale shopping center buyers in the Puget Sound. The 163,926-square-foot center is anchored by Safeway and LA Fitness. It was renovated in 2008.

John Lo goes from JLL to CBRE


CBRE said John Lo has joined the firm's capital markets/debt and structured finance team as senior vice president. He moves from Jones Lang LaSalle. He has over 20 years in the field, and has completed more than $6 billion in debt and equity closings, according to CBRE. CBRE's Jeff Majewski said, “John's addition reinforces our commitment to robust capital markets execution for our most sophisticated clients in the Pacific Northwest.”

Greystar expanding in Seattle

Charleston, South Carolina-based multifamily developer Greystar is expanding its Seattle office. Greystar recently moved to 800 Fifth Ave., in a space that can accommodate about 125 employees. Lindley Woolston has joined as a senior development analyst. She comes from Camden Property Trust. Greystar said it is the largest operator of apartments in the U.S., owning or managing over 400,000 units. It has $16 billion in assets under management. In Seattle, it is building or planning projects at 820 John St., 425 Fairview Ave. N., 400 Boren Ave. N., 301 Queen Anne Ave. N. and 300 First Ave. W.

More People