Sep 01, 2005

Opus Northwest

Parsons

Tom Parsons has been promoted to senior vice president of Opus Northwest. He will oversee operations in the Northwest. Regional offices in Bellevue and Portland employ more than 70 people in the real estate development, engineering, design, construction and property management divisions. Parsons joined Opus in 1998 as a director of real estate. He has had the dual responsibility of being general manager of the Bellevue office since 1999. He is responsible for development management, land acquisition, financial analysis, financing of projects, and investment sales activities. Opus Northwest is an arm of the Minneapolis-based Opus Group of Companies, with more than $1 billion in annual revenues.

RealSolutions

Nabbefeld

Joe Nabbefeld has formed RealSolutions, a Seattle-based commercial real estate investment company. He worked the past two years for the Gregory Broderick Smith Real Estate in Seattle. Prior to that he was real estate editor for the Seattle Daily Journal of Commerce. RealSolutions has two multifamily residential projects under way, and will provide real estate and public affairs services.

The Hotel Group

Starwood Hotels & Resorts Worldwide has designated the Edmonds-based Hotel Group as a preferred management company for its Sheraton and Four Points brands. This means Starwood will recommend The Hotel Group to franchise hotel owners and developers, according to Doug Dreher, Hotel Group CEO. Established in 1984, The Hotel Group owns and manages 30 properties in 11 states.

Gardner Johnson

Matthew Gardner, principal of the real estate economics company Gardner Johnson LLC, has been appointed to the board of trustees of the Washington State University Center for Real Estate Research. The center's goal is to provide a range of information in easy-to-understand language.

S-J Management

S-J Management — a privately held Seattle real estate investment, brokerage and property management company — sold an office building in Phoenix's Biltmore area for $4.95 million, or $225 per square foot, to GTC II LLC. S-J and an affiliate, Biltmore Lakes Associates LLC, bought the building a year ago for $4.2 million, or $191 per square foot, according to S-J CEO Michael Sauter.

Hendricks & Partners/Pinnacle

Calabasas, Calif.-based Brookwood Place LLC, the new owner of the Brookwood, a 181-unit apartment property, plans to convert the Bothell property to condos, says Kenny Dudunakis of Hendricks & Partners. Dudunakis was the listing agent for the seller, Western National Group of Irvine, Calif., which sold the property for $22 million. Jeff Gilson of Pinnacle in Seattle represented the buyer.

NAIOP

The National Association of Industrial and Office Properties has published "Rules of Thumb for Distribution/Warehouse Facilities Design." The handbook helps developers and owners plan and develop facilities by incorporating best practice methods, according to the group. The focus is facilities 100,000-square-foot and larger. It's $49.95 for NAIOP members and $69.95 for others. Order by clicking Bookstore at naiop.org.

BetterBricks

Sept. 15 is the deadline to enter BetterBricks' Seattle sustainability competition. It's the first time BetterBricks, an initiative of the Northwest Energy Efficiency Alliance, is having a Seattle contest. Nominations can be made at betterbricksawards.com.

National Trust for Historic Preservation

The National Trust for Historic Preservation's 2005 national conference will be in Portland Sept. 27 - Oct. 2. More than 2,000 people are expected to attend this year's conference whose theme is "Sustain America — Vision, Economics and Preservation." For details and registration, see nthpconference.org or call (202) 588-6296.