Apr 05, 2018

WeWork to sponsor veterans here

The shared office firm WeWork announced a new program called WeWork Veterans in Residence for 10 vets or their spouses. The six-month WeWork membership also includes support from partner Bunker Labs, a nonprofit veterans support group. Discounted WeWork memberships will be available at the end of the residency program. The program launched in Denver last year, and is expanding to 10 cities this year, including Seattle. WeWork hopes to serve 1,000 vets over the next five years.

UW names department for Runstads

Jon and Judy Runstad established Runstad Center for Real Estate Studies at the University of Washington in 2002. The UW created its own Department of Real Estate last year, within the College of Built Environments. Now the UW board of regents voted to rebrand the department as the Runstad Department of Real Estate. John Schaufelberger, dean of the College of Built Environments, said in a statement, “They have been leaders not only in the real estate and law communities but in the broader Seattle civic community.... They have helped to build, lead and sustain a premier real estate program.” Last year the department added Arthur Acolin, Gregg Colburn, Pike Oliver, Rebecca Walter and James Young to the faculty, which is led by professor Simon Stevenson.

Vision 2040 nominations due May 29

Puget Sound Regional Council is accepting nominations for its annual Vision 2040 Awards through May 29. PSRC honors businesses, local governments and nonprofits for helping to realize the regional growth, economic and transportation strategy. Past winners include WSU Everett, Plaza Roberto Maestas, ORCA Lift, Cushman Trail and Clear Creek Wetland Restoration. Details and info at: psrc.org.

Jason Wall chairs NWMLS board

Northwest Multiple Listing Service said Jason Wall will chair its board of directors. He has been a broker at Lake & Co. Real Estate for over 20 years. Joining him on the board are Keith C. Bruce of Sound Point Real Estate, Stuart Heath of Bellmark Real Estate, David Maider of Windermere Real Estate M2, Mike Larson of Allen Realtors and Keith Wells of Windermere Real Estate Southeast.

Transwestern names Maturi new VP

Transwestern hired industry veteran Craig Maturi as VP in charge of all Puget Sound operations. He makes the move from YOMA Strategic Holdings Ltd., where he had extensive experience in Asian markets.

Mar 29, 2018

Lincoln Property opens Seattle office

Harlow

Dallas-based Lincoln Property Co. already has an office in Portland, and now it's adding a Seattle office headed by native son J.P. Harlow, as senior VP of LPC West, which spans Seattle, Portland, the Bay Area, Los Angeles, Orange County and San Diego. Harlow was with PNC Realty Investors. Lincoln provided management services for Starwood Capital Group's 300 Pine, which has converted several floors in the downtown Macy's building to offices for Amazon. Lincoln also recently paid $33 million for two blocks at Esterra Park in Redmond, where it's planning four buildings with 658 units on the almost 4.6-acre site.

Skanska promotes Gunter

Gunter

Christian Gunter has been promoted to VP of development for Skanska USA's commercial development operations in Seattle. He has been with the firm for five years, working on Alley 111 in Bellevue and 2+U, a high rise under construction in downtown Seattle.

CBRE sells Tri-Cities apartments

CBRE's team of Phil Oester, Eli Hanacek, Joe Nydahl and Josh McDonald represented the seller of Badger Mountain Ranch, a 176-unit garden apartment complex in Richland. The seller was an LLC related to The Wolff Co., and the buyer was Starboard Realty Advisors of Irvine, California. The price wasn't announced, and Benton County hasn't yet recorded the sale. The assessed value is about $23 million. Wolff developed the five buildings at 451 Westcliffe Blvd. in 2013. CBRE says the apartments are 98 percent occupied.

Wallace hires Kate Hasz

Hasz

Bellevue-based Wallace Properties named Kate Hasz executive VP of portfolio services. She will lead the property and asset management division. The 30-year industry veteran has experience in both landlord and tenant representation, and moves from CBRE.

URG adds Bainbridge tenants

Urban Renaissance Group announced two new tenants for Island Village Shopping Center: First Federal Bank and Paws & Fins Pet Shop. The 97,000-square-foot shopping center was acquired by Joshua Green Corp. in 2001 as part of a $15.6 million portfolio sale. In 2012, Joshua Green acquired a majority stake in URG for $50 million, and they merged their portfolios. Other tenants in the shopping center include Safeway, Starbucks, Wells Fargo and Verizon.