Aug 11, 2011

Rohde & Van Kampen

Crowe

Rohde & Van Kampen said David Crowe now is associated with the Seattle law firm. Crowe will handle intellectual property and business litigation for the firm. He previously worked with Jones Day and Dewey & LeBoeuf in Los Angeles.

Wells Fargo

Baer

Wells Fargo in Washington named Raymond Baer area manager, based in Seattle. He now directs about 100 business banking team members and oversees operations for 11 business banking offices. Baer has 30 years of experience in financial services.

Edge Asset Management

Seattle-based Edge Asset Management hired Greg Tornga as head of fixed income and a portfolio manager. Edge is an affiliate of Principal Global Investors and a member of the Principal Financial Group. Tornga has 15 years of experience and recently worked with Payden & Rygel Investment Management in Los Angeles.

Heartland LLC

Jackson

Cook

Heartland Capital Advisors LLC, an affiliate of Heartland LLC, hired Kevin Cook as a business manager. Heartland LLC hired Katlin Jackson as a project manager. Seattle-based Heartland is a multi-disciplinary real estate advisory and investment company.

Coast Sperry Van Ness

Houts

Tony Houts joined Coast Sperry Van Ness in Everett as a member of the Jansen Multifamily Team. He focuses on the sale of apartments with more than 50 units.

River Park Square

West

The downtown Spokane shopping mall River Park Square appointed Bryn West general manager. She also assumes responsibility for a mixed-use project next to River Park Square called W. 809. She had been shopping center manager for River Park Square, which is anchored by Nordstrom and has a 20-screen AMC Theater and a children's museum.

Holliday Fenoglio Fowler

Nicholas Kucha joined Holliday Fenoglio Fowler as a director in its Portland office. His focus is capital markets transactions for industrial, office and retail assets in the Pacific Northwest. This is the first time HFF will have dedicated investment sales staff in the 15-year-old Portland office. Kucha joins the company from Nomad Commercial LLC, where he was a senior partner.

CB Richard Ellis

CB Richard Ellis worked on 29 percent of King County's commercial real estate deals valued at $5 million or more over the last 18 months, according to CoStar. CoStar said there was a total of 87 office, retail, industrial and multi-family transactions worth $2.7 billion. Nationally, CBRE was the top firm for commercial property investment sales during the first half of 2011, according to Real Capital Analytics. RCA said CBRE sold properties valued at $11.9 billion during the first half of 2011, a 14 percent overall market share. RCA tracks national commercial real estate sales of $2.5 million and greater. It estimates more than $88.3 billion worth of office, industrial, retail, multi-family and hotel properties were sold in the U.S. in the first half of this year.

Escala

The Seattle condo tower Escala reports it closed the sale of its 100th unit. Thirty eight deals had closed a year ago. Escala is averaging eight new deals and month, and reports 20 sales are pending. Prices were reduced in the spring of 2010 when sales were lagging. Rennie Marketing Systems is marketing the project, and TeamBuilder John L. Scott is handling sales. Lexas Cos. and RREEF Global Opportunity Fund own the 30-story tower, which has 269 units.