Apr 02, 2020

Skally joins JLL

Skally

JLL announced the recent hiring of Matt Skally, who'll become senior VP of project and development services in Seattle and Portland. He makes the move from Nordstrom, where he oversaw store design. JLL's Jacqueline Dompe said in a statement, “Matt brings a high level of energy and progressive thinking to our business. His passion and experience enable him to be laser focused on supporting the ambitions of our teams and clients.”

KM hires Cha

Cha

Kidder Mathews has hired John Cha as director of research, the company announced. He makes the move from Direct Access Capital. The 15-year industry veteran will be based in KM's Seattle office.

Davis promotes Rowe

Davis Property & Investment has elevated its Lisa Rowe to asset manager. In her new capacity she'll oversee about 5 million square feet of industrial space extending from Seattle to Portland. The industry veteran will also continue with leasing and communications for the company, which she joined two years ago.

Mar 26, 2020

Berkadia promotes Stuart

Berkadia recently announced the promotion of Ian Stuart to associate director on its multifamily mortgage lending team. His areas of expertise include commercial mortgage-backed securities, Freddie Mac and Fannie Mae, and HUD lending.

Mercer Mega Block buyer raising $700M

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Publicly traded Alexandria Real Estate Equities of Pasadena, California, is a major owner and developer of office and biotech space in the Seattle market. It now has around 1.6 million square feet built or under development here — mostly along Eastlake and in South Lake Union. The company announced this week that it's raising $700 million in a public debt offering. The 4.9% senior notes, due in 2030, will pay down Alexandria's other lines of credit, and be used for general purposes. Among the latter will be the anticipated $143.5 million purchase from the city of its Mercer Mega Block, where two 13-story offices towers and an apartment building are planned on almost 3 acres.

Olson makes partner at NAI

NAI Puget Sound Properties announced that Ryan Olson is now a partner in the brokerage firm, which he joined in 2016. His past deals have included Essex Property Trust, BECU and WaFd (the latest, briefest moniker for Washington Federal).