Feb 07, 2013

Plum Creek

Seattle-based Plum Creek Timber Co. named Tom Lindquist, 52, as the new president. He is now executive vice president and chief operating officer, and he will continue to serve as COO. Rick Holley, 60, president and CEO since 1994, will continue as CEO. Lindquist joined Plum Creek in 2001 after working for Trammell Crow as executive vice president overseeing real estate. He has a bachelors from the University of Washington and an MBA from Harvard Business School. Plum Creek is one of the largest landowners in the nation.

Red Lion Hotels

Spokane-based Red Lion will add the Las Vegas Hotel and Casino to its newest brand, the Leo Hotel Collection, which is geared toward independent owners of boutique and historic hotels who want access to Red Lion's reservation system. The hotel is one block east of the Las Vegas strip and has nearly 3,000 rooms, as well as 220,000 square feet of meeting space and a casino. Other amenities include 14 restaurants, a 1,650-seat showroom and a 350-seat cabaret.

CBRE

CBRE HMF arranged $17.7 million loan for Allied Argenta of Santa Monica, Calif., to buy two low-income housing complexes. Ashwood Downs in Olympia was purchased for $8.7 million. It was built in 1995 and has 96 units. Atherton Woods in Vancouver was sold for $9 million. It was built in 1994 and has 102 units. The units are available to individuals and families. The income restrictions will be extended for 30 years.

CREW

Key players in the transformation of South Lake Union will speak at the Commercial Real Estate Women luncheon Feb. 14 beginning at 11:30 a.m. in the Washington Athletic Club. Speakers are Jeff Giuzio of Seneca Group, which is advising Amazon.com and managing development of its new Denny Triangle headquarters; Brad Hayes, senior manager at Sellen Construction, the contractor for Amazon's first phase; and John Savo, principal at NBBJ, the Amazon project architect. The event is $45 for members and $65 for non-members. For more information or to register, visit: http://bit.ly/10JytAx

Jan 31, 2013

CBRE

Sundet

Johnson

Jochums

Durrell

CBRE has hired Kip Durrell and Jeff Jochums as senior vice presidents representing Eastside tenants. Both came from Cushman & Wakefield Commerce where they worked for the last seven years. They will join Justin Johnson, senior associate, and Ashleigh Sundet, associate, on the Bellevue team. Sundet and Johnson were also at Cushman & Wakefield in the tenant representation department.

Capital Pacific

Gordon

Seattle-based Capital Pacific LLC has hired Baylor Gordon. Gordon specializes in sales of single and multi-tenant commercial properties, and previously worked for the commercial real estate firm AGM Inc. Capital Pacific is an investment sales and advisory firm with offices in Seattle, Portland and San Francisco. The company said it closed 153 transactions valued at more than $470 million in 2012.

NAI NBS

Debbie Abel, a vice president and property manager at NAI Norris, Beggs & Simpson's Seattle office, was named the company's Property Manager of the Year. Abel joined NAI NBS' Seattle office in April 2003. She has more than 20 years of experience in property management, lease administration, accounting and construction supervision. She manages a portfolio with a variety of properties and has earned the Certified Property Manager designation. NAI NBS is a full service commercial real estate firm based in Portland.

Wallace Properties

Scott Blankenship, president of Wallace Properties' brokerage division, has been named to the Commercial Brokers Association Board of Directors for 2013-14. Blankenship has 22 years of experience in leasing and sales, and he has been involved in more than 400 transactions.

Aboda

Redmond-based Aboda is celebrating its 25th anniversary. The company finds temporary housing for employees and manages property, with services in more than 200 cities throughout the world. Aboda said it is the fifth largest corporate housing provider to Fortune 500 companies. Aboda said it will continue to grow in 2013 by expanding in several major markets.