Dec 14, 2018

City of DuPont

DuPont City Council confirmed Douglas Newman as the new police chief and Andrew Takata as city administrator. Newman has over 23 years of experience in law enforcement and was a commander at the Port of Seattle Police Department. Takata has more than 35 years of experience in municipal government, including over 20 years managing cities in California.

King County

The King County Council confirmed the appointments of Leonardo Flor as director of the Department of Community and Human Services, and John Taylor as director of the Department of Local Services. Flor joined the department management team in 2016, and led a plan to renew and expand the veterans, seniors and human services levy. Taylor was assistant director of the county's Water and Land Resource Division.

Have a Heart

Seattle-based cannabis retailer Have a Heart acquired CannaMLS, an online forum to view and post cannabis businesses for sale. Terms of the deal were not disclosed.

DESC

Bank of America awarded Downtown Emergency Service Center a $200,000 Neighborhood Builders grant. The program helps organizations that work with homeless and formerly homeless adults with mental illnesses, substance use disorders or physical disabilities. DESC has a two-year plan to integrate behavioral and physical health care services, and to expand health care for increasingly ill and aging clients.

Dec 13, 2018

Port 106 Interbay is 55% leased

Port 106 Interbay is a joint venture between Ariel Development and Kauri Investments.

Port 106 Interbay, a 119,264-square-foot retail center being developed at 1600 W. Armory Way in Seattle is now 55 percent leased, according to Susie Detmer and Stacy Reid of CBRE's Seattle office. They represent the owners, Port 106 LLC, which is a joint venture between Ariel Development and Kauri Investments. Port 106 purchased the property from the city in 2006. Construction will begin soon on the final 25,000-square-foot building and an additional 11,000 square feet of shops, which will open in a year. Current tenants include Michaels and Total Wine. Bright Horizons Early Education and Preschool is under construction and opens early next year. Kent Angier of Kauri Investments said he thinks the neighborhood is like South Lake Union was 15 years ago and he expects to see a similar transformation.

Park Place Real Estate

E. Rosling

S. Rosling

Cascade Sotheby's International Realty has acquired Park Place Real Estate in Portland. Park Place was formed in 2004 by Steve and Evelyn Rosling, a husband and wife team who now have a team of 25 brokers. Park Place Real Estate closed about $120 million in sales this year. Cascade Sotheby's International Realty has 11 locations in Oregon and southern Washington.

Templeton Property Management

Koegel

Portland-based Templeton Property Management named Christopher Koegel president of property management. Koegel worked for Trammell Crow, Riverstone Residential Group, BRE Properties, Madrona Ridge Residential and HNN Associates. He will be in charge of a four million-square-foot portfolio as the firm prepares to expand in the Northwest and Southern California. Templeton is part of NBP Capital, a privately-held West Coast commercial real estate fund with $1 billion in assets under management. NBP Capital said it has one million square feet of construction in progress, 60 properties owned or managed, and 110,000 square feet under renovation.

University of Washington

Hodge

Frank Hodge is the incoming dean of the University of Washington's Foster School of Business. Hodge is a longtime UW professor and has chaired the Department of Accounting since 2013. His appointment will begin July 9, 2019, subject to UW Board of Regents approval. He will replace James Jiambalvo, who has served since 2005 and will return to the faculty.

Embassy Suites

Embassy Suites Seattle Downtown-Pioneer Square hired Nicholas Kuhns as general manager, Riccardo Marossa as director of sales and marketing, Nickie Andrews as director of catering and events, and Amy Sant as senior catering sales manager. Kuhns was assistant general manager at Hilton Salt Lake City Center. Marossa directed sales and marketing at Embassy Suites by Hilton Seattle Bellevue and Hotel Theodore in Seattle. Andrews directed catering at InterContinental New York Barclay and was senior catering sales manager at Waldorf Astoria Hotel in New York. Sant was senior catering sales manager at Hilton Santa Barbara Beachfront Resort.

Sound Community Bank

Laurie Stewart, president and CEO of Sound Community Bank, was named Community Banker of the Year by American Banker magazine. Stewart has been with the bank for 29 years, and led its conversion from a $38 million credit union to a $720 million publicly traded commercial bank.