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December 19, 2024
Based in Boston, Cabot Properties has in recent decades been a steady buyer and sometime developer of industrial properties in our market. The private company, with international reach, now has an eight-building portfolio here, from Tacoma north to Kent, which totals some 984,218 square feet. Kidder Mathews has been selected to manage the portfolio, that firm announced this week. CEO Bill Frame said in a statement, “Kidder Mathews has built a strong relationship with Cabot Properties through our brokerage division. Expanding our collaboration to include property management highlights the synergy between our divisions, and underscores the seamless integration that sets us apart in the market.” Cabot's Elizabeth Young added, “Seattle is a critical domestic market for Cabot, and we're pleased to expand upon our strong partnerships in the region.” Managing the portfolio will be Shelley Ryan and Lorna Faxon.