Jan 31, 2019

Bauman now BarrientosRYAN partner

Bauman

The local development firm BarrientosRYAN, led by Maria Barrientos and Kristin Ryan, has a new partner: Charlie Bauman. He has been with the firm for two years, and will focus on business development, structuring new projects and managing multifamily projects. The firm is working on a 24-story apartment tower on 45th in the U District, and redeveloping the Safeway on Upper Queen Anne.

Goodman to manage in-state units

Goodman Real Estate has long partnered with Dallas-based Pinnacle Property Management Services to manage its large apartment portfolio, both in and out of state. Now Goodman has announced that it will add 280 staff members to manage its in-state portfolio, which totals 9,472 units. Pinnacle will continue to manage Goodman's 6,012 units in eight other states. Pinnacle manages over 2.1 million square feet for clients. Goodman values its overall portfolio, mostly apartments, at over $2.5 billion. It is planning a 235-unit building near Northgate Mall.

extraSlice expands in East Bellevue

Colliers represented owner Eastgate RE Ventures in almost doubling the amount of space occupied by tenant extraSlice, which provides short-term and flexible office space. It now has 39,000 square feet in Benaroya I-90 Center South, at 3600 136th Pl. S.E. in East Bellevue. Colliers' Jeff Livingston, Derek Heed and Laura Ford represented the owner, an LLC associated with Bellevue entrepreneur and investor Gary Rubens. The complex traded last September for $24 million, but has retained the Benaroya name. Bryan Oliver of Washington Partners represented extraSlice. Livingston said renovation of T-Mobile's headquarters is having an effect on nearby buildings.

2 join C&W industrial team

Cushman & Wakefield added Scott Alan and Patrick Mullin to its industrial brokerage team. They come from Colliers, and will focus on south Puget Sound and Kent Valley.

AIA forum on neighborhoods for all

Neighborhoods for all is the topic for the next AIA Urban Design Forum, at 5:30 p.m. Monday, Feb. 11 at the AIA Seattle Center for Architecture & Design, 1010 Western Ave. Members of the Seattle Planning Commission will discuss the history and future of single-family zoning. Speakers include Tim Parham of Plymouth Housing and Michael Austin of Perkins + Will. Details and registration: aiaseattle.org.

Thrive moves into Oregon

Seattle-based apartment manager Thrive Communities is expanding into Oregon. It will manage and renovate the 285-unit Landmark at Tanasbourne Apartments in Hillsboro, near Portland. The company has renovated more than 4,000 units in the last five years, increasing net operating income by an average of 24 percent. Thrive currently manages about 10,000 units. Thrive is part of Rise Properties Trust, a Canadian REIT, which shares its Seattle office.