Jun 09, 2016

HFF brokers Hard Rock sale

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HFF facilitated the sale of 114 Pike St., which houses Hard Rock Cafe. Urban Visions sold the 92-year-old structure to KLM Equities for $20.75 million. Gerry Rohm, Nicholas Kucha, Nick Kassab and Danny Reddin led the HFF sales team.

Jameson joins Kidder Mathews

Jameson

Kidder Mathews added Nancy Jameson as a property manager in South Seattle. Jameson will mange 1.2 million square feet of industrial and office space. She has more than nine years of experience, and she has managed eight industrial properties totaling more than 1 million square feet; 11 office properties totaling 1.8 million square feet; and three portfolios totaling more than 2 million square feet. Kidder Mathews has more than 550 employees and 14 offices in Washington, Oregon, California, Nevada and Arizona.

Renters Warehouse expands here

Renters Warehouse, a property management company that helps people rent out their houses, expanded into Seattle last year and now manages about 50 local properties. The Bloomington, Minnesota-based company said its goal is to manage 4,000 houses here by 2019. It will use Seattle as a launch point for a West Coast expansion, with Portland and Spokane as the next likely markets. Since the end of 2014, Renters Warehouse has grown from 15 offices in nine states to 32 offices in 17 states. It manages almost 15,000 houses.

Point B hires David Derr

Point B Inc. named David Derr principal in charge of property development, with a focus on health care. Derr has more than 40 years of experience in health care development in the U.S., Europe and the Middle East. Point B is based in Seattle and does development, management consulting and venture investment.

Jun 02, 2016

Hong Kong group buys Gilman Terrace

An entity based in Hong Kong purchased Gilman Terrace Apartments at 2557 14th Ave., near Expedia's future Seattle headquarters, for $20.1 million. The complex has two buildings constructed in 1988 and 1991, with 25 and 42 units, respectively. Tyler Smith and Steve Fischer of Westlake Associates represented the buyer: Gilman Terrace Holdings. Travis Andrews and Peter Larson of Paragon Real Estate represented the seller, an entity managed by Tim McHugh. The new owner plans to renovate the property.

Murphy joins Kilroy as EVP

Kilroy Realty Corp. named Tracy Murphy executive vice president of life sciences. Starting in July, Murphy will oversee approximately 1.5 million square feet of life science properties on the West Coast. She will be in charge of leasing, new acquisitions and development opportunities in Seattle, San Francisco, Los Angeles and San Diego. Murphy came from BioMed Realty Trust where she was senior vice president and West Coast lead. Kilroy has a West Coast portfolio of 13.7 million square feet, and another 905,000 square feet of office and residential projects under construction.

CREW's June 9 event topic: Google

Andrea Cattarin and Kristin Chiles of Google will talk about the company's real estate strategies and Northwest expansion plans at the June 9 Commercial Real Estate Women Seattle & Sound luncheon, at 11:30 a.m. at Washington Athletic Club in Seattle. Cattarin manages Google's western U.S. offices, and Chiles is responsible for site selection, lease transactions, and office design and construction. For more information or to register, visit: http://goo.gl/jw5coI