Aug 11, 2011

Heartland LLC

Jackson

Cook

Heartland Capital Advisors LLC, an affiliate of Heartland LLC, hired Kevin Cook as a business manager. Heartland LLC hired Katlin Jackson as a project manager. Seattle-based Heartland is a multi-disciplinary real estate advisory and investment company.

Coast Sperry Van Ness

Houts

Tony Houts joined Coast Sperry Van Ness in Everett as a member of the Jansen Multifamily Team. He focuses on the sale of apartments with more than 50 units.

River Park Square

West

The downtown Spokane shopping mall River Park Square appointed Bryn West general manager. She also assumes responsibility for a mixed-use project next to River Park Square called W. 809. She had been shopping center manager for River Park Square, which is anchored by Nordstrom and has a 20-screen AMC Theater and a children's museum.

Holliday Fenoglio Fowler

Nicholas Kucha joined Holliday Fenoglio Fowler as a director in its Portland office. His focus is capital markets transactions for industrial, office and retail assets in the Pacific Northwest. This is the first time HFF will have dedicated investment sales staff in the 15-year-old Portland office. Kucha joins the company from Nomad Commercial LLC, where he was a senior partner.

CB Richard Ellis

CB Richard Ellis worked on 29 percent of King County's commercial real estate deals valued at $5 million or more over the last 18 months, according to CoStar. CoStar said there was a total of 87 office, retail, industrial and multi-family transactions worth $2.7 billion. Nationally, CBRE was the top firm for commercial property investment sales during the first half of 2011, according to Real Capital Analytics. RCA said CBRE sold properties valued at $11.9 billion during the first half of 2011, a 14 percent overall market share. RCA tracks national commercial real estate sales of $2.5 million and greater. It estimates more than $88.3 billion worth of office, industrial, retail, multi-family and hotel properties were sold in the U.S. in the first half of this year.

Escala

The Seattle condo tower Escala reports it closed the sale of its 100th unit. Thirty eight deals had closed a year ago. Escala is averaging eight new deals and month, and reports 20 sales are pending. Prices were reduced in the spring of 2010 when sales were lagging. Rennie Marketing Systems is marketing the project, and TeamBuilder John L. Scott is handling sales. Lexas Cos. and RREEF Global Opportunity Fund own the 30-story tower, which has 269 units.

Aug 04, 2011

Jones Lang LaSalle

Lee

Jones Lang LaSalle promoted Conan Lee to senior vice president. Lee, who joined the Seattle office in 2006, focuses on office tenant representation, and assists tenants and landlords with data centers.

NAI Puget Sound Properties

Naber

Cory A. Naber joined NAI Puget Sound Properties in Tacoma. His focus is tenant representation, leasing and industrial sales in Pierce County. He was with Kidder Mathews.

Windermere Mortgage Services

Hand

Erik Hand is the new president of Windermere Mortgage Services. He was with John L. Scott's in-house lending division, Response Mortgage. Seattle-based Windermere Mortgage Services has offices in Washington and Oregon.

DocuSign

Seattle-based DocuSign, an electronic signature network, is offering a free edition of DocuSign for Realtors. The company offers up to five deals per month and unlimited signers at no charge.

South Hill Data Center

The Benaroya Co. and its partners selected Lee Technologies for a two-year contract to operate and maintain the 300,000-square-foot South Hill Data Center in Puyallup. Lee is a Schneider Electric company and manages some of the world's largest data centers, with a focus on saving energy and money. South Hill is certified LEED gold. It is owned by BCC Puyallup LLC, a collaboration of Benaroya, Real Property Investors and O'Keefe companies.

ICSC conference

The International Council of Shopping Centers' Pacific Northwest Idea Exchange is Aug. 25-26 at the Coeur D'Alene Resort in Idaho. Speakers include Glenn E. Crellin of Washington State University's Center for Real Estate Research and Rick Parks of TRF Pacific in Seattle. Retailers will talk about selecting sites for new stores. Register at icsc.org.