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May 12, 2016
Cushman & Wakefield hired Sean Prasad as senior vice president of enterprise solutions. He will develop relationships and work on strategy for major corporations in the western U.S. Prasad was vice president of corporate real estate at T-Mobile, and previously worked on real estate teams at Logitech and Sun Microsystems. Cushman & Wakefield has more than 43,000 employees in 60 countries.
Provenance Hotels promoted Jennifer Cole to area director of sales for Seattle. She will be responsible for marketing and sales at Hotel Max and Hotel Theodore, the former Roosevelt Hotel that is being renovated and will reopen this fall. She has been with Provenance since 2013, when she started as business travel sales manager at Hotel Max. She was later promoted to complex business travel sales manager for Hotel Max and Roosevelt Hotel. Provenance is based in Portland and owns, operates and manages 2,500 rooms.
Jill White of Timber Ridge at Talus, a retirement community in Issaquah, received the superstar award from Life Care Services, a Des Moines, Iowa-based retirement community manager that manages Timber Ridge. Life Care Services manages more than 135 senior communities, serving 43,000 seniors in the U.S. Timber Ridge offers independent living, skilled nursing and rehab services.
May 05, 2016
Newland Communities hired Steve Yester to manage commercial real estate for Tehaleh, the 4,700-acre master-planned community it is developing in Pierce County. Yester will focus 420 acres that could house as much as 4 million square feet of retail, office, industrial, civic or multifamily space. He will work with developers, brokers and others to bring jobs to Tehaleh, which could have up to 9,700 residences. Yester has 20 years of experience and was chief development officer for Point Ruston, a mixed-use community on Commencement Bay in Tacoma. Newland is based in San Diego and bills itself as the largest private developer of planned communities in the U.S.
The Washington chapter of NAIOP is holding two events this month: one on the Washington State Convention Center expansion and another on the South Sound real estate market. Matt Griffin of Pine Street Group, development manager for the WSCC project, will discuss the project. The event starts at 7 a.m. May 18 at Four Seasons Seattle. The South Sound event is a collaboration with Commercial Real Estate Women Seattle & Sound, and will have a panel moderated by Cathleen Meyer of Deutsche Asset Management. Panelists are: Jim Jensen of Berkadia, Travis Hale of Panattoni, John Bauder of CBRE and Kyle Prosser of First Western Properties. The event begins at 7:30 a.m., May 24 at Pacific Grill & Events Center, 1530 Pacific Ave. in Tacoma.
HFF said it arranged the sale of 1411 Fourth, a historic building in downtown Seattle. An entity related to Mack Real Estate Group sold the 15-story, 123,430-square-foot office building to an entity related to Onni Group for $29.6 million. Nick Kucha and Nick Kassab led HFF’s sales team representing Mack Real Estate Group. Mack will focus on multifamily projects in Seattle, through its affiliate Mack Urban.