Sep 01, 2023

Gopuff

Seattle Storm basketball player Jewell Loyd, an eight-year WNBA veteran and Olympic gold medalist, has teamed up with Gopuff to deliver food, drinks and home essentials to Seattle nonprofits, including those dedicated to improving equity and opportunity for women and families. Gopuff is also providing food and drink to Loyd and her teammates each week, delivered right to the team after practice in Seattle and after games on the road. Additionally, Gopuff created the Jewell Loyd Snack Collection, which includes protein bars, sparkling water and fresh fruit. The partnership with nonprofits is an extension of Gopuff's community engagement and support of athletes. Gopuff is an instant commerce platform founded in 2013 by co-CEOs Rafael Ilishayev and Yakir Gola.

Edifecs

Bellevue-based Edifecs was named a winner of the Sustainability Initiative of the Year Award in Business Intelligence Group's (BIG) 2023 Sustainability Awards. The BIG Sustainability Awards honor people, teams and organizations making sustainability an integral part of their business practice or overall mission. Edifecs encourages and incentivizes associates to make sustainable choices both at the office and at home by sharing a guidebook on sustainable living. With its new community garden, Edifecs promotes sustainability through growing and harvesting vegetables for its recurring sustainable cooking classes. Edifecs provides health information technology to its payer and health system customers, which serve nearly 300 million people in the domestic health care market. BIG was founded with the mission of recognizing talent and superior performance in the business world.

Lattice Semiconductor

Lattice Semiconductor received the 2023 Cyber Security Supplier of the Year Award from Hewlett Packard Enterprise. This award recognizes companies who provide outstanding performance and leadership to effectively implement cybersecurity controls, risk and incident management aligned with HPE cybersecurity strategies, as well as designing and delivering high-quality, reliable and sustainably produced products, services and solutions. Lattice is based in Hillsboro, Oregon.

Aug 31, 2023

The Standard

McEleney

Mannino

The Standard announced that Kevin Mannino and Sarah McEleney are joining Retirement Plan Sales — each in a new national sales director role. With an increase in demand for services in the company's $25 million-and-above asset market segment, the roles were created to enhance the delivery of strategies and tools to these customers. Mannino has 12 years of experience in the retirement industry. He spent most of his career generating new business for mid- to large-sized retirement plans at Prudential Retirement. Prior to joining The Standard, Mannino served as senior director of distribution at Principal Financial Group. McEleney has over 20 years of experience in the retirement industry, mostly with mid- and large-sized retirement plans. She has worked as a retirement plan advisor and in a variety of recordkeeping roles, including product development, sales and relationship management. Prior to joining The Standard, McEleney was director of sales strategy at Transamerica. The Standard is the marketing name for StanCorp Financial Group and its subsidiaries. All are Oregon corporations.

ESS Inc.

ESS Inc., a manufacturer of long-duration energy storage (LDES) for commercial and utility-scale applications, named Harry Quarls as board chair. Michael Niggli, ESS founding board chair, will remain on the board to assist with this transition. With over 40 years of energy experience, Quarls brings strategic, financial, transactional and energy investing experience to ESS as the company continues to scale to meet global demand for LDES. Quarls served as a managing director at Global Infrastructure Partners, leading its efforts in North American energy midstream investments, and as managing director and practice leader for Global Energy, as well as a board member at Booz & Co. Quarls currently is board chair for CHC Helicopter, Key Energy Services, and Mesquite Energy. He is also a director at Seadrill and has served on the boards of a number of private and public companies. Established in 2011, ESS is based in Wilsonville, Oregon.

PotlatchDeltic

Spokane-based PotlatchDeltic appointed Wayne Wasechek as vice president and chief financial officer. Wasechek has served as interim vice president, chief financial officer and chief accounting officer since April 19. Previously, he was PotlatchDeltic's controller and principal accounting officer since 2018, where he led the accounting and treasury functions. He was vice president and assistant controller of Vail Resorts from 2011 to 2018, and senior director of financial reporting of Vail Resorts from 2006 to 2011. Wasechek, a certified public accountant, began his career with PricewaterhouseCoopers. PotlatchDeltic is a real estate investment trust that owns nearly 2.2 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business, and a rural timberland sales program.

Northmarq

Smith

Tufts

Better known in our market as an agent of real estate financing, Northmarq recently announced new commercial and multifamily sales teams. Essentially, Northmarq is acquiring CPX, whose Sean Tufts now becomes managing director of commercial investment sales, working with colleague Joe Dugoni. Then, on the multifamily side, Tyler Smith moves from Westlake Associates to become a VP at Northmarq. Joining him in that Westlake exodus are Steve Fischer, Joe Kinkopf and Brendan Greenheck. Then, joining forces from CPX are Casey Zejdlik, Matt Johnston, Andreya Derby and Taylor Wyman. Northmarq is based in Minneapolis. CEO Jeffrey Weidell said in a statement, “These teams, along with several new offices that opened in California earlier this year, will solidify our coast-to-coast coverage for multifamily and commercial investment sales.”

Davis leases 2 new logistics projects

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Tacoma Central Logistics

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Pacific 167 Logistics

At two separate logistics developments, Davis Property & Investment recently announced a pair of significant new leases. First, Infinity Global Distribution has signed for all 248,033 square feet, plus some minor office space, at the recently completed Tacoma Central Logistics building. The tenant expects to move in next month. That speculative project replaced the Tacoma News Tribune's former printing plant and offices, which Davis acquired two years ago for over $15 million. Neil Walter Co. brokered both sides of the deal, with the individual brokers being Bruce Valentine, Cameron Valentine, Joel Jones, Eric Cederstrand and John DeHan. Second, farther east in Pacific, the also speculative Pacific 167 Logistics has been claimed in its entirety by Toysmith, a toy and gift company. That project has 159,055 square feet, plus some offices, and is due for completion in December. The tenant's brokers were Scott Alan and Patrick Mullin at Cushman & Wakefield. Representing Davis were JLL's Chris Spofford and David Cahill.

New tenants at Rainier Square

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JLL is gradually chipping away at all that Amazon sublease space at Rainier Square. Confirming a deal that CBRE and Savills had reported last year, law firm Ryan Swanson is now advertising its pending address change, come Oct. 1, to Rainier Square. Ironically, it's making the move from one Wright Runstad project, 1201 Third Ave., to another. The firm will occupy the 15th floor, with about 23,624 square feet. At the same time, per city records and Puget Sound Business Journal, Marcus & Millichap will depart its longtime home at Two Union Square for the 32nd floor at Rainier Square. That has about 16,701 square feet. Current leasing materials from JLL may not reflect every pending lease, but some 330,000 square feet remains unclaimed. The tower opened with around 720,000 square feet of vacant offices.

Harbor leasing 177 Thurston County units

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Harbor Custom Development announced earlier this month that its 177-unit Meadowscape is pre-leasing, with completion expected in coming months. Work began in September of 2021, under builder DRK Development. The architect wasn't then announced. Cushman & Wakefield is in charge of the current leasing effort. The project is east of Lacey, near the I-5 junction with Highway 510. Harbor's Jeff Habersetzer said in a statement, “Meadowscape is our fifth multifamily project to begin leasing.” Meadowscape was valued at $70 million when offered for sale last year, mid-construction. It was then called Tanglewilde, and was originally intended to be condos. Buchanan Mortgage Holdings was the construction lender, providing $39 million, per a prior Harbor press release. Units range from 450-square-foot studios to two-bedrooms with over 1,100 square feet.