May 05, 2005

Schnitzer Northwest

Gleason

John Gleason is the new director of property operations for Schnitzer Northwest LLC, a Bellevue-based real estate investment, development and management company. He most recently was a managing director of Colliers International. He'll be responsible for overseeing management and operations of nearly 9 million square feet of office, industrial and special-use property in the Puget Sound and Portland areas. He has 20 years of commercial real estate experience. Among his accomplishments was the acquisition, renovation and releasing of two Los Angeles-area highrises. The properties increase more than $100 million in value in less than two years.

Williams Marketing

Patterson

Licensed real estate broker Jeffrey Patterson has been named director of sales at Williams Marketing, which markets and sells condominiums and townhomes. He worked at Prudential Northwest Realty/Cayce & Gain Realtors where he was most recently sales manager. He supervised more than 70 agents and closed 950 transaction a year with a volume of more than $250 million.

ScanlanKemperBard

Robert "Chip" Greening and Vince Fong have joined ScanlanKemperBard Cos., as managing directors, and Fred Baugh is new senior vice president of Asset Management. The 12-year-old Portland real estate merchant banking and development advisory company invests on behalf of high-net worth individuals, families and trusts. It had its best year in 2004, acquiring $259 million of real estate, according to President, CEO and Principal Robert Scanlon. He projects SKB will hit the $300 million mark in 2005. Greening previously worked as a legal counsel and consultant to various organizations, including the Oregon Economic and Community Development Department. Fong was vice president of Taxation for Levi Strauss & Co., from 1988 to 2004. Baugh worked as senior director of acquisitions for SSR Realty Advisors, which acquired his previous employer, GE Capital Investment Advisors, where he was managing director of both asset management and acquisitions.

Davis Property and Investment

Alliance Enterprises, an Olympia-based software company, has leased Building 1 of Lot 7 in Meridian Campus in Lacey. It has nearly 12,500 square feet of office and is owned and managed by Lacey Properties LLC, a wholly owned subsidiary of Davis Property and Investment of Kent. This summer Davis will build the second and final phase of Lot 7 this summer. It will include two buildings for sale or lease, one 16,500 square feet and the other 11,000 square feet. Uses range from office to distribution/warehouse. Vanessa Herzog and Evan Parker of GVA Kidder Mathews are the listing agents.

Greater Seattle Real Estate Banquet

Former University of Washington football coach Don James will be the keynote speaker at the 5 p.m. May 19 Greater Seattle Real Estate Banquet at the Bellevue Hyatt Regency, 900 Bellevue Way N.E. The Seattle chapter of the Appraisal Institute is sponsoring the networking event that brings together members of 12 area professional organizations. It's $65 per person or $600 per table. Pre-registration at http://www.ai-seattle.org is required. For questions, write aisea@qwest.net or call (206) 622-8425.

Apr 29, 2005

Viking Bank

Elgin Olrogg will join Viking Bank's Ballard team as vice president and relationship manager. Olrogg specializes in maritime lending and has 25 years of banking experience. He is a board member and treasurer of the North Pacific Fishing Vessel Owners Association. Viking offers business banking services, commercial real estate lending and insurance to Puget Sound-area businesses. It has branches in Bellevue, Tacoma, Fife, Poulsbo and South Seattle.

Apr 28, 2005

Cushman & Wakefield

Matt Walters has joined the Downtown Seattle Office Leasing Group of Cushman & Wakefield. He'll support the team of Michael Dash, Garth Olsen and Wende Sauvage. Previously, he worked in research for the Downtown Office Leasing Group of Colliers International in Seattle.

Orion Residential

Orion Residential LLC, a national multifamily investment company with an office in Bellevue, and Starwood Capital Group have acquired and will convert to condos Summit Square Apartments, a 19-year-old, 366-unit property in Oakton, Va., outside Washington, D.C. The price was not disclosed. Orion owns and operates more than 3,475 apartment units around the nation. The company plans to do condo-conversions in select markets while continuing to build its portfolio, said Orion President and CEO Brian Ward. Dan Gumbiner, an Orion principal, and Chris Graham, vice president of acquisitions with Starwood Capital Group, represented their organizations in the transaction. Graham said Starwood, a Connecticut-based real estate investment firm, will continue working with Orion to acquire properties.

NAI Norris, Beggs & Simpson

The brokerage and property-management divisions of Portland-based Norris, Beggs & Simpson have changed their name to NAI Norris, Beggs & Simpson. The change reflects the 23-year partnership with NAI Global, which NBS President J. Clayton Hering says is strengthening. Since NBS opened in 1932, commercial real estate has become much more global. The transformation includes new logos and colors.

AvalonBay Communities

AvalonBay Communities, which has 13 apartment complexes in the Puget Sound market, won the National Association of Home Builders Pillars of the Industry Awards as the Freddie Mac Multifamily Development Firm of Year. Judges cited the company's commitment to building in high barrier-to-entry markets. AvalonBay, which has 42,810 apartments and a development pipeline valued at more than $3 billion, is the fourth largest public real estate investment trust in the multifamily industry. It's the third time in seven years the company has won the award.

Windermere

Kennewick-based Windermere Commercial Property Management has been awarded leasing and management assignments for two Richland properties: The Corrado Building and 1933/1955 Jadwin Avenue. The Corrado is a 3-story medical facility of nearly 39,000 square feet. The Jadwin properties are low-rise offices near Hanford.

John L. Scott Real Estate

James McPherson of John L. Scott Relocation in Bothell has completed the National Association of Realtors' e-Pro course. The online curriculum teaches agents how to use technology to help clients buy and sell homes. New agents at the company are Jake Hart and Buddy Sills in the Seattle Lakeside office; David McCourt, Seattle Highlands; Corey Brown, Sammamish Plateau; and Jamie Hess, Gig Harbor.

Web Marketing Association

Real estate companies and groups can enter the Web Marketing Association's ninth-annual international competition. Judging is based on design, innovation, content and ease of use. The entry deadline is June 1. See www.2005webaward.org.

NAIOP

David Pierce Snyder, an economic futurist, is among the speakers at NAIOP's Spring Seminar, a daylong event starting at 7:50 a.m. May 10 at Seattle's Bell Harbor Conference Center, 2211 Alaskan Way. The course is worth 7.5 state-approved clock hours. Other speakers are economic development, life science, aerospace and info technology experts. There also will be a developer panel of Jack Rader, Patrick Callahan of Equity Office, A.M. Clise of Clise Properties, Kemper Freeman Jr. , of Kemper Development and Dan Ivanoff of Schnitzer Northwest. It's $75 for members of the National Association of Industrial and Office Properties and $90 for others. Register by clicking on the Events tab at www.naiopwa.org.

Urban Land Institute

Richard M. Haughey, the Urban Land Institute's director of multifamily development, will speak at ULI Seattle's 7:30 a.m. May 12 meeting at the Grand Hyatt, 721 Pine St. The Downtown Seattle Association and Sierra Club Cascade Chapter are co-sponsoring the program "Higher Density Development: Myth and Fact," It will include a panel of Gene Duvernoy of the Cascade Land Conservancy, Dean Jones of Real Estate Applied Logistics, Bruce Lorig of Lorig Associates, Michael Patrick McGinn of Stokes Lawrence and Susan H. Jones of atelierjones llc. Cost is $15 to $30. Register by calling 1 (800) 321-5011.

CREW

Panattoni Development's Bart Brynestad will talk about the Puget Sound region's industrial market at CREW Seattle's noon meeting May 12 at the Washington Athletic Club, 1325 Sixth Ave., Seattle. It's $35 for members of Commercial Real Estate Women and $50 for others. Call (206) 417-5580 to register.