Sep 10, 2015

DCT Industrial Trust

Gemma

DCT Industrial Trust said it has executed over 1 million square feet of development leases in Seattle in the last 60 days. DCT said its Seattle team executed eight leases in six buildings, bringing the development portfolio to 84 percent leased. It said the deals include two pre-leases for 325,000 square feet in buildings now under construction. Patrick Gemma is senior vice president of DCT. It specializes in bulk distribution and light industrial properties.

Tarragon Property Services

Tarragon Property Services in Sumner has added the Yardi ResidentShield Protection Plan to its Yardi Voyager property management and accounting system as part of a required renters insurance program at its properties. Yardi said in a press release that Tarragon will require renters insurance to mitigate property risks. Shelly Gil, multifamily regional manager for Tarragon, said the system is easy to use. Tarragon provides tablets in onsite rental offices so people can apply for a rental unit and purchase renters insurance at the same time. Tarragon Property Services manages over 2,800 multifamily units.

KBS Real Estate Investment Trust

KBS Real Estate Investment Trust, a non-traded real estate investment trust based in Newport Beach, California, said it has renewed a 17,817-square-foot lease with Applied Speciation & Consulting at North Creek Parkway Center in Bothell. North Creek Parkway Center is a six-building campus with office, laboratory and warehouse space. Applied is a testing and consulting laboratory.

Sep 03, 2015

Chavez new VP at Associa EMB

Chavez

Associa EMB Management of Bellevue named Susan Chavez vice president of operations. Chavez has worked at Associa EMB in the past and has more than 14 years of experience. Associa EMB's new president, Nicole Washington, said Chavez is part of the firm's new leadership team. Associa EMB Management is an affiliate of the Dallas-based housing management company Associa, which has more than 9,000 employees in 170 offices in the U.S., Mexico, Canada, United Arab Emirates and South Africa.

Council candidates at NAIOP

Seven Seattle City Council candidates will discuss business and real estate issues at the NAIOP monthly breakfast meeting at 7:30 a.m. Sept. 16 at Grand Hyatt Seattle. Here are the candidates on the panel: Shannon Braddock, District 1; Bruce Harrell, District 2; Pamela Banks, District 3; Rob Johnson, District 4; Sally Bagshaw, District 7; Tim Burgess, District 8; and Lorena Gonzalez, District 9. Kevin Wallace, president of Wallace Properties and Bellevue deputy mayor, will moderate. The candidates have been endorsed by Seattle Metropolitan Chamber of Commerce's political action committee. For more information, or to attend, visit: https://goo.gl/kr7xZN

Appraisal Institute conference

The Seattle chapter of the Appraisal Institute is holding its annual fall real estate conference Oct. 1 at Washington State Convention Center. Kemper Freeman of Kemper Development Co. and Mike Nelson of Trammell Crow Co. will be keynote speakers. Topics at the all-day event include analysis of office, retail, residential and industrial markets; a look at south Puget Sound and eastern Washington markets; and legal issues. For more information, contact Darcy Schmidt at (206) 622-8425 or aisea@qwestoffice.net.