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People & Companies

Mar 07, 2024

Totem Lake confidential!

Perhaps because of its freeway-side location, The Village at Totem Lake doesn't quite get the same appreciation as Bellevue Square or University Village. But NAIOP Washington State wants you to celebrate the 26-acre mixed-use development via a tour scheduled for April 4. It's worth remembering that, when CenterCal Properties began planning a complete makeover of the old Totem Lake Mall (circa 2015), the notion of adding many apartments over new retail was entirely unproven on the car-centric Eastside. Today, it looks like a very smart and successful bet. Stops on the tour will include some of the retail (including Barnes & Noble, Serious Pie, Whole Foods, Trader Joe's, Nordstrom Rack, the Cinemark cinemas, etc.) and the three apartment buildings with their 852 units. Representatives from CenterCal, Pacific Coast Capital, Trinsic Residential Group and Fairfield Residential should be on hand. Details and registration: naiopwa.org.

Marcus & Millichap

Jackson

Marcus & Millichap recently announced the hiring of Tiana Jackson, who'll become a director of capital markets. She makes the move from Luther Burbank Savings, where she specialized in real estate lending. In her new post, she'll be working with Ray Allen and John Manning. The latter said in a statement, “She is widely recognized for her strong relationships with a variety of lenders and creative financing solutions, which will help ensure our clients are always getting the most competitive terms available in the market. She will be tremendous addition to the team.”

Yes, even more pickleball

Casey and John Hylton

The sport was invented locally, on Bainbridge Island in 1965, but it wasn't until the pandemic that pickleball really took off. There are currently about a half dozen pickleball plans and proposals in the greater Seattle-Bellevue area. Adding to the pickle pile-up is Pickleball Kingdom, founded in Arizona by Ace Rodrigues. The company has been adding locations on a franchise basis, and recently announced plans to expand in our state via a partnership with local entrepreneurs John Hylton and Casey Hylton. Two new clubs are planned, but locations aren't specified — meaning two possible lease deals are in the works, with new construction to follow. John Hylton said in a statement, “The dedicated indoor clubs we will build will be a true gathering space for our communities to play, to have fun and to compete! We want Washington to be on the forefront of pickleball! After all, the sport was born here.” Pickleball Kingdom now has about 13 locations ranging from Texas to Georgia to New Jersey.

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