Feb 11, 2022

NuScale Power

Scott

NuScale Power announced the expansion of its leadership team to include Clayton Scott who has joined the company as executive vice president of business development. The appointment of Scott represents an expansion of executive leadership within the sales and business development functions. Scott will be leading the commercial global business development activities, including the sales, and marketing and communications functions for all NuScale products and services in the U.S. and abroad. Scott joins NuScale with an extensive business development background and more than 40 years of professional experience in the nuclear sector including managing utility contracts globally, construction management, expertise in licensing and compliance, mergers and acquisitions, engineering design, and startup and operation of nuclear power plants. Prior to joining NuScale, Scott was a senior vice president – global sales, deputy director, instrumentation and control at Framatome. NuScale is headquartered in Portland and has offices in Corvallis, Ore., Rockville, Md., Charlotte, N.C., Richland, Wash. and London, UK.

WaFd Bank

Washington Federal, Inc., parent company of Washington Federal Bank (WaFd Bank) was recognized as one of America's Best Employers 2022 by Forbes. America's Best Employers 2022 were identified in an independent survey taken by approximately 60,000 American employees working for companies with more than 1,000 workers in the United States. The evaluation was based on direct and indirect recommendations from respondents who were asked to rate their willingness to recommend their own employer to friends and family. WaFd is a national bank with headquarters in Seattle and more than 200 branches in eight western states.

Lattice Semiconductor

Lattice Semiconductor announced that it has been named a 2022 Cybersecurity Excellence Awards winner for its excellence, innovation, and leadership in information security for the second year in a row. The Lattice Sentry solution stack and Lattice SupplyGuard service were recognized in the Embedded Security and Endpoint Security product categories for North America, respectively. Cybersecurity Excellence Awards finalists and winners are selected based on the strength of their nomination as well as the popular vote by members of the information security community. Lattice Semiconductor is headquartered in Hillsboro, Oregon.

Feb 10, 2022

LWP moves west

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Lake Washington Partners is moving this month from the Eastpointe building in Issaquah, which it owns, to the Cordova Building in Bellevue. LWP has owned the 40-year-old Cordova Building, just west of Interstate 405 and near the Bellevue Club, since 2005. The company will more than double its old space to 13,844 square feet. Jordan Lott, who leads the family-run investment and development firm, said in a statement, “We're growing our portfolio in the thriving, strong and enduring Bellevue market. We're investing in Bellevue and in this community, and Bellevue is at the crossroads of where most of our transactions occur. Plus, this premier location brings us closer to our tenants and allows us to draw employees from all directions, including downtown Seattle.” The new location is also a 10-minute walk northwest to East Main Station, where light rail service begins next year. And, says LWP, Sturtevant Creek runs through the property, offering a park-like setting.

Kidder Mathews

Young

Kidder Mathews recently announced that it has named Christine Young as director of human resources. She has about two decades in the field, and was most recently with Catholic Community Services. Before that, she previously served a long stint with Nordstrom. Young said in a statement, “As a privately held firm, Kidder Mathews has been able to maintain a high level of integrity and positive work culture for more than 50 years, and I'm excited to be part of its continued growth.”

Insite Property Solutions

Emery

Insite Property Solutions has promoted its Chantel Emery from vice president of operations and human resources to president. CEO Kelly Price said in a statement, “As a vital and instrumental leader at Insite Property Solutions for nearly seven years, Chantel has made many major contributions to the successful operations of our communities — and her appointment as president was a natural progression of that success.” Emery added, “I am excited about all that we will accomplish together.” Based in Kirkland, the property manager is an affiliate of MainStreet Property Group and GenCap Construction.

Northmarq secures $74M for Lynnwood units

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Trent Development announced the start of construction last month on Ember, an eight-story, 361-unit apartment project near the future light rail station in Lynnwood. Now Northmarq has disclosed its role in securing a $74 million construction loan for the project. That firm's Jake Leibsohn and Ron Peterson led the effort; the lender wasn't named. Leibsohn said in a statement, “We were able to source a competitive, limited recourse construction loan through one of our correspondent life insurance company partners. The loan features a seven-year term, which includes five years of interest-only payments and a flexible prepayment structure.” Trent's partners in Ember are Hatteras Sky and Cresset Real Estate Partners. Completion is anticipated in 2024, about the same time that Sound Transit opens Lynnwood City Center Station. Clark Barnes designed Ember, and W.G. Clark Construction is the builder.

CBRE

Brackett

CBRE announced that, within its valuation and advisory group, new hire Murray Brackett will oversee its right-of-way unit, with special focus on public projects and aviation. With 36 years in that specialty, he's leaving Allen Brackett Shedd (aka ABS Valuation), and will be based in CBRE's Seattle office. Jeff Grose who directs valuation and advisory for the West Coast, said of Brackett and his new colleagues, “They will be integral as we continue to diversify and expand our capabilities within the Pacific Northwest region and growing national ROW practice.”

Institute for Functional Medicine

The Institute for Functional Medicine announced reappointments to its board: Jeffrey Bland, Mike Bond, Mark Hyman, David Jones and Joseph Pizzorno. In addition, the institute appointed the following officers to two-year terms: Pizzorno, chairman; Gail Christopher, vice chair; Terry Cook, treasurer; and Jones, secretary. Functional medicine determines how and why illness occurs and restores health by addressing the root causes of disease for each individual. The Federal Way-based institute was founded in 1991 and is dedicated to the widespread adoption of functional medicine. It advances education and training, clinical patient care, research, and outcomes in functional medicine worldwide.

Buchalter

Buchalter added Marissa Alkhazov, Midori Sagara and Jonathan Mahoney to the firm's Seattle office. Alkhazov joins as a shareholder and Sagara as senior counsel, both in the Litigation Practice group. Mahoney joins as an associate in the Real Estate Practice group. Alkhazov has extensive experience in product liability, asbestos, toxic and mass torts defense, environmental, and general liability claims. A trial attorney handling litigation in both Washington and Oregon, she represents clients ranging from pharmaceutical companies, product manufacturers and distributors, retailers, food industry and agribusiness companies, to small businesses and local tech startups. Sagara focuses on product liability, mass tort defense and third-party insurance defense. She handles litigation for clients that include pharmaceutical companies, product manufacturers, individual and corporate policyholders, and insurers. Mahoney focuses on commercial real estate transactions. He represents both developers and lenders, assisting in the acquisition and disposition of real estate, negotiating and drafting purchase and sale agreements, development agreements, contribution agreements, loan documents, and leases.

Insurance Commissioner

State Insurance Commissioner Mike Kreidler announced that Michael Wood is the agency's new chief deputy commissioner. Wood joined the office in October after serving as administrator for the Occupational Safety and Health Administration in Oregon. While there, he oversaw a staff of 200 who are responsible for workplace safety and health of all workers in Oregon. Before his time in Oregon, Wood worked at the Washington Department of Labor and Industries and the state Legislature. He replaces Mark Dietzler, who resigned to return to the private sector as an attorney.