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Aug 23, 2018

JayRay

White

In Tacoma, JayRay hired Julia White as a graphic designer. White has designed logos, catalogs, apparel and exhibits for Tacoma's Grand Cinema, Federal Way Public Schools and Sonez International in Gig Harbor. JayRay is a branding, advertising and communications agency.

Theo Chocolate

Jason Harty joined Theo Chocolate as chief marketing officer and general manager of consumer direct. Harty was CMO at Nourish Snacks in Boston. Prior to that, he was vice president of marketing at Justin's and senior director of interactive and field marketing at Pretzel Crisps.

Momentum Indoor Climbing

With its bouldering gym opening next month in Sodo, Momentum Indoor Climbing hired Dylan Jones as assistant manager, Mark Mercer as head route setter and Moe Corbett as route setter. Jones was manager of Crux Climbing Center in Austin, Texas. Mercer was director of route setting at Aiguille Rock Climbing Center in Longwood, Florida. Corbett is a former competitive climber and was a route setter under Mercer at Aiguille Rock Climbing Center. Momentum is based in Salt Lake City.

Cheesecake Factory

Cheesecake Factory opened a restaurant at Alderwood Mall in Lynnwood, 3000 184th St. S.W., Suite 1140. The space has limestone floors and wood columns, hand-painted murals and modern lighting. The Calabasas, California-based chain has more than 250 items on the menu.

$42M financing for Sammamish complex

Newmark said that it has secured $42 million in financing for The Village at Sammamish Town Center, developed by TRF Pacific.

(Editor’s note: An earlier version of this story incorrectly said The Village at Sammamish Town Center is part of a larger 77-acre development by Innovation Realty Partners.)

The loan from an unnamed partner carries a 14-year term with 30 years of amortization. Newmark's Michael Taylor, Skip Slavin and Patrick Taylor arranged the package.

Newmark said the new development on the Sammamish plateau contains 37,000 square feet of medical office space, a 35,000-square-foot Metropolitan Market, and another 35,000 square feet of retail.

Lance Mueller & Associates was the architect, and Abbott Construction was the general contractor.

The site is at 22704 S.E. Fourth St. in Sammamish.

2 new hires at Heartland

Heriot

Goodman

Real estate advisor and investor Heartland hired Mark Goodman from local firm Community Attributes and Tyson Heriot from Woodmark Hotel & Still Spa.

Goodman has joined Heartland as a project manager. He previously worked as a project manager for a Seattle-based land use and economic development consulting firm where he led the firm’s land use practice. Prior to that, he served as the planning manager in Ketchum, Idaho.

Heriot has joined Heartland as a research analyst.

Heartland recently advised REI on buying 7.8-acres for $49 million in the Spring District for its new headquarters.

$45M Covington business park

Soos Creek Business Park

Vector Development Co. will start work next spring on the $45 million Soos Creek Business Park at 28009 Covington Way S.E. in Covington. The 20.5-acre, 382,000-square-foot complex will have two 130,000-square-foot industrial buildings, plus a 122,000-square-foot, three-story self-storage space with about 950 units. Architects are SynThesis and Site+Plan+Mix. Pennon Construction is the general contractor, and Barghausen Consulting Engineers is the civil engineer. Completion is set for late 2019. Vector acquired the site in 2012 for $4 million.

Big project at Port of Centralia

The Port of Centralia and Seattle's O'Keefe Development announced that O'Keefe has started a grocery distribution center in Centralia at 4002 Galvin Road that will have more than 1.1 million square feet. It's part of the $100 million Port of Centralia's Park I project. O'Keefe recently acquired the 77-acre site from Benaroya Capital Co. for $13.3 million. The distribution center is expected to create 350 new jobs. The Port's Julie Shaffley said in a statement, “The Port Commission would like to congratulate O'Keefe Development on moving forward with this project. It will also make significant contributions to our schools, roads and essential public services.” The contractor and architect weren't named. O'Keefe is led by former Tully's founder and CEO Tom O'Keefe.

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