Nov 09, 2017

Rush launches development arm

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Proctor Station, in Tacoma

The Rush Companies of Gig Harbor ordinarily build and develop for themselves or their partnerships. Now the organization has announced that Rush Properties, led by Ben Tweet, will add advisory services for outside clients to its business model. One of six related businesss in the Rush Companies family, Rush Properties has a 30-building portfolio in several asset classes, reaching from Port Orchard to Puyallup, and from Olympia to Kent. A recent addition to that portfolio is Proctor Station, in Tacoma. Rush Properties is owned by founder Gordon Rush, Matt Smith and Larry Melsness.

NAIOP Dec. 13 event on hotels

Mark your calendar for NAIOP's December breakfast meeting about hotels. The event is set for 7 a.m. Wednesday, Dec. 13, at the Four Seasons, 99 Union St. Speakers will include Greg Duff of Garvey Schubert Barer, Chris Burdett of CBRE Hotels, David Blandford of Visit Seattle and Carla Murray of Marriott International. Moderating the panel discussion will be industry veteran Andy Olsen of Columbia Hospitality. Registration and info at: naiopwa.org.

Nov 02, 2017

Gearhart joins Ryan Companies

Gearhart

Ryan Companies hired industry veteran Marc Gearhart as vice president of real estate for the Northwest division. Previously with Holland Partner Group, he will oversee site selection, due diligence, financing, entitlements, lease/sale negotiations and asset management.

Colocation Northwest signs big lease

Local Internet service providor Colocation Northwest said it has leased of up to seven megawatts of mission-critical IT capacity at Centeris South Hill, a data center facility near Tacoma. Centeris South Hill is owned by Bellevue-based Centeris, which is part of the Benaroya Company. The South Hill facility has a 50-megawatt onsite substation providing dedicated, expandable, green power and dense fiber connectivity. In a statement, Colocation Northwest CEO Stephen Milton said, “We look forward to bringing our vision for scalable, fully managed colocation solutions and integration to a new level.” Larry Benaroya said, “We look forward to providing the redundancy, robust security and hyper-scalability to support Colocation Northwest's commitment to operational excellence and growth.”

CREW dinner Nov. 16

Clise

Arden Clise will speak at CREW's Signature Event dinner on Nov. 16 at The Riveter, 1517 12th Ave. on Capitol Hill. Clise is a local speaker, trainer and author who specializes in business etiquette. Her most recent book is “Spinach in Your Boss's Teeth: Essential Etiquette for Professional Success.” Registration and info at crewnetwork.org

SeaLevel says SAMM leasing well

Two months after opening its 92-unit SAMM Apartments, at 22845 S.E. First Place near Sammamish Town Center, SeaLevel Properties says the apartments are 50 percent leased. The 15,000 square feet of commercial space has been leased by Bright Horizons Family Solutions daycare center, which opens on Sunday. SeaLevel's John Shaw said in a statement, “We anticipate that SAMM will be fully leased before year-end, and look forward to offering great new homes for more future residents while space is still available.”

3 openings on ISRD board

There are three open slots on the International Special Review District Board, and the election is set for 11 a.m.-6 p.m. Tuesday, Nov. 21 at the Bush Asia Hotel, 409 Maynard Ave. S. For Position 1, business owner and kung fu and lion dance instructor David Leong is running against development executive Kevin Man. Running unopposed for Position 2 is contractor Russ Williams. Running unopposed for Position 3 is businessman and previous ISRD board member Tom Cheng.