Jun 30, 2011

Trinity Real Estate

Trinity Real Estate said it will “upsize” the Enclave at Lake Union to target people moving from large homes on Lake Washington. The company will combine some of the 21 fee-simple attached units to create 5,200-square-foot units. A unit in “vanilla shell” condition will be priced at about $3 million. Fully finished units will be priced at about $3.4 million. The standard units range from 2,500 to 3,000 square feet, and are being presold starting at $1.3 million. Some presales are in negotiations but no units are under contract, according to Dean Jones of Realogics Sotheby's International Realty, which is co-listing Enclave with Northwest Group Real Estate. Atelierjones is the architect, and Charter Construction is the proposed general contractor. The Enclave is at Wards Cove, on the northeast shore of Lake Union. Wards Cove Packing Co. is developing the overall project, which will have a marina, office space and 12 floating homes.

Matrix and ResortWorks

Matrix Real Estate and ResortWorks at Crescent Bar said they have formed a new partnership. ResortWorks markets and manages vacation rentals at Crescent Bar on the Columbia River in Quincy, Grant County. The company also brokers sales of other properties. ResortWorks brokers are Faye Torgerson and Michelle Smith. Torgerson was a business partner of Mike Miller, partner and designated broker of Seattle-based Matrix.

Green-Real-Estate.com

Green-Real-Estate.com has expanded its videos about the green building industry in Seattle, Portland and Vancouver, B.C. The expanded content is intended to help people find architects and contractors, as well as energy efficient houses.

NAIOP

NAIOP's 7:30 a.m. July 20 breakfast will look at the impact of tourism on commercial real estate. The breakfast meeting is at the Seattle Sheraton. Speakers are David Blandford of the Seattle Convention and Visitors' Bureau, Matthew Behrens of CBRE Hotels, hospitality consultant Frank Finneran and Andy Olsen of Columbia Hospitality.

Jun 23, 2011

Bentall Kennedy

Bentall Kennedy promoted Chuck Burd to chief investment officer and Paul Boneham to executive vice president and head of transactions for U.S. operations in Seattle. Burd will work with Doug Poutasse, head of strategy and research, on clients' investment programs. Boneham's was in charge of investment opportunities in the Midwest and South. Now he's responsible for all U.S. investment activity and oversees the 18-person U.S. transaction team. He also serves on the Investment Committee. Bentall Kennedy is an advisor to clients who have 135 million square feet of properties worth $24 billion.

First Western Properties

Justin H. Kraft joined First Western Properties' Tacoma office. He focuses on retail, office leasing and sales. He previously worked for Nordstrom.

Kidder Mathews

Building A in Quadrant I-5 Corporate Park in Everett was named the highest performing small building in the Kilowatt Crackdown. Earl Wayman, a property manager with Kidder Mathews, oversaw upgrades for the owners. Control system in the 75,000-square-foot building was replaced and other improvements made, resulting in significant reductions in energy use, Kidder said. BOMA of Seattle King County organizes Kilowatt Crackdown to find the most energy efficient buildings and those that make the greatest gains.

Sotheby's International Realty

Sotheby's has a new multilingual website, sothebysrealty.com. Viewers can watch videos about luxury home listings in the language of their choice. Sotheby's branch in the Puget Sound region is Realogics in Seattle.

Marcus & Millichap

Dan Swanson of Marcus & Millichap brokered the sale of the 11-unit Limrock Apartments at 4501 S.W. Admiral Way in Seattle. Records show that an LLC managed by Robert Code paid an LLC led by Edward Chu $1.125 million for the 1958 property. Marc Cunningham brokered the sale of the 16-unit Wellington Apartments at 535 16th Ave. E. in Seattle. An LLC managed by Charles R. Waterman paid $2.1 million to an Otto Heinrich Spoerl's LLC for the 1927 building.

Coldwell Banker Bain

Patricia Wangsness of Coldwell Banker Bain in Bellevue has a new Internet show called “Northwest Real Estate Forum” for homebuyers and sellers. It's at northwestrealestateforum.com.

NAIOP's Night of the Stars

Nominations are due July 15 for NAIOP's Night of the Stars. The event is designed to recognize the top commercial real estate projects and developers. The banquet will be Nov. 4 at the Bellevue Hyatt Regency Hotel. The nomination form is at http://tiny.cc/b9gix.

ULI event on Yesler Terrace

The ULI Seattle Young Leaders Group is holding an event June 30 from 3:30 to 6 p.m. called “Transforming Yesler Terrace: The Future of Mixed-Use and Mixed-Income Communities” at Two Union Square in Seattle. The Seattle Housing Authority is planning to replace low-income housing with a mixed-income housing, office space, retail and parks. The moderator will be Katie Zemsteff of the Seattle Daily Journal of Commerce and the panelists are David Cutler, GGLO; Chris Fiori, Heartland; Anne Fiske Zuniga, Seattle Housing Authority; and Gary Johnson, city of Seattle. The event includes happy hour at 5 p.m. at Sip Wine Bar at Fifth and Madison. Cost is $15-$35, and includes appetizers and a drink. Register by June 28 at seattle.uli.org or by phone at 1-800-321-5011.