Jul 27, 2023

Zaborowoski changes horses midstream

Zaborowoski

Based in Chicago, Logistics Property Co. has a portfolio in our region spanning some 3 million square feet. Overseeing that will be its new hire, Drew Zaborowoski, who joins the firm as senior VP. He makes the move from Avenue 55. LPC is both an investor and developer. Its Dennis Rice said in a statement, “Drew has extensive industrial development experience in the Pacific Northwest, and we look forward to him growing the company's footprint in the market.” Zaborowski will work out of the Bellevue office, and added, “I look forward to being a part of the team, and contributing towards LPC's goals and initiatives.”

Wallace Properties

Norris

Veteran broker Spencer Norris has joined Wallace Properties, that firm recently announced. He makes the move from CBRE. Working from its Bellevue office, the new executive VP will oversee Wallace's portfolio — including office, retail and mixed-use — and will join the firm's executive board.

M&M secures loan for View Ridge units

[enlarge]

Marcus & Millichap Capital has secured an over $3.5 million construction loan for a three-unit residential project in the View Ridge area (or possibly Wedgwood). The site looks east to Sand Point Country Club. Cone Architecture is the architect and Seattle Land Use Co. is the developer. Roland Development is the builder. The project consists of a house with ADU, plus separate DADU. M&M's Tammy Linden arranged the financing, and said, “While the overall market is difficult, this well-located property, with a strong sponsor, garnered significant interest.” The 12-month loan carries a 12% fixed rate.

Pillar Properties

Polito

Leaving his longtime perch at Touchstone/Urban Renaissance Group, Joe Polito has joined Pillar Properties, that firm recently announced. He'll serve as president, replacing the now departed Billy Pettit in that role. (He recently co-founded Black Dog Capital Advisors.) The industry veteran Polito most recently had a hand in the Chapter Buildings, an office duo now rising in the U District. He was with Touchstone prior to its 2014 acquisition by URG.

Pacific Program Management

Porter

Jarzyna

Real estate advisory firm Pacific Program Management recently announced new roles for a pair of its longtime staffers. Teal Jarzyna has been promoted to director of transition and relocation management. Company president Mark Wanic said in a statement, “She embodies our people-centered approach, and her background leading Fortune 100 CRM clients helps inform the culture we embrace.” And Briggs Porter has been elevated to director of capital project management. Said Wanic, “Briggs has been a fantastic addition to the PPM team and has a proven ability to build immediate trust with his clients.”

Washington Trust Bank

She

Washington Trust Bank added Cheryl She to its Home Loan division in Bellevue to serve as a mortgage loan officer. She has over 12 years of experience in real estate and financial services, and joins Washington Trust Bank from Key Bank, where she served in a similar position. She is a graduate of the East China Normal University in Shanghai, where she earned an associate degree in public relations. Since graduating, she has continued her professional development as a member of the Asian Real Estate Association of America. Washington Trust Bank is a full-service commercial bank, serving the Northwest since 1902. Headquartered in Spokane, Washington Trust Bank currently has over 40 branches and offices in Washington, Idaho and Oregon.

King County Library System

Rosenblum

King County Library System (KCLS) Executive Director Lisa Rosenblum announced her retirement, effective Nov. 30. Rosenblum joined KCLS in January 2018. KCLS has won numerous awards for outstanding services and innovation during her tenure, including a Distinguished Budget Presentation Award from the Government Finance Officers Association for three consecutive years. This year, KCLS was also named a National Medal finalist by the Institute of Museum and Library Services. During the coronavirus pandemic Rosenblum implemented new online programming, expanded digital collections, boosted Wi-Fi hotspots in library parking lots, and created safe and convenient access to print materials through curbside service and 24/7 library lockers. In 2019, she oversaw the completion of the 2004 Capitol Bond Building Program. The voter-approved $172 million Capital Bond funded the construction of 17 new libraries, 11 expanded libraries, 15 renovated libraries, a parking lot expansion and a three-level garage. In 2020, Rosenblum established a new diversity, equity and inclusion department, which has strengthened KCLS's commitment to provide equitable services to its communities. Rosenblum has spent the past 35 years working for public libraries. Prior to joining KCLS, she served as the director and chief librarian of the Brooklyn Public Library, as well as the director of multiple library systems in Silicon Valley. The KCLS Board of Trustees will conduct a national search for the position with the support of an executive-level search firm. Founded in 1942, KCLS supports the communities of King County (outside the city of Seattle), and has 50 libraries.

Metropolitan Grill

Seattle's Metropolitan Grill received Wine Spectator's Grand Award. The Metropolitan Grill is one of only two restaurants in the Northwest to receive the award, the other being Canlis. There are only 93 restaurants in the entire world that received this honor this year. Since 1981, Wine Spectator has been honoring restaurants with extraordinary wine programs. The top honor is the Grand Award, granted to those that show exceptional commitment to their wine selections and service. The wine program is led by Wine Director Chris Lara. The Metropolitan Grill is celebrating its 40th anniversary this year, and features wines from around the world, with a focus on local labels.