Posted on December 16, 2015
NAI Puget Sound Properties announced today the hiring of respected industry veteran Scott Coombs to lead the commercial real estate brokerage. Effective immediately, Coombs will become President of the company which is currently ranked as the fifth largest commercial brokerage company in the region with 45 brokers and offices in Seattle, Tacoma and Bellevue.
Coombs was most recently Northwest Regional Managing Director of Colliers International where he significantly grew the size and market share of the company and successfully recruited some of the top brokers in the industry.
“We are really excited to have Scott on board to lead the next phase of our company growth,” stated Arie Salomon, a Principal and founding partner in the firm. “Since we founded the company 18 years ago, we have been sharing the leadership responsibilities among our Executive Committee who are all brokers and principals at the company. As large as we have become, we decided this year that we needed to hire a full time company leader to focus on supporting our brokers, proactively recruiting and strategically growing the company. It was difficult to do these tasks with the ‘player coach’ model that we have always operated. Scott has excelled in this type of leadership role for many years and he is a great fit with our company culture. Our partners and brokers have known Scott for a long time, and are really excited that he is joining our team.”
In addition to running the day to day operations of the company, Coombs will be responsible for recruiting additional brokers to the firm.
“I believe there will always be a significant percentage of brokers in our market who prefer an alternative to the bureaucracy at the large public brokerage firms and the constant pressure they face to reduce expenses in order to increase stock value. I am confident that our aggressive commission structure, excellent client resources, and the opportunity to become a partner at our company will be very attractive to those brokers. Our focus is not serving Wall Street or any external ownership group,” Coombs stated. “We are 100% focused on doing whatever it takes to support our brokers and their clients.”
“In this region there are a number of very successful locally-owned brokerage firms,” according to another founding Principal, Chris O’Connor. “But what makes us different is that most of them only focus on one or two property types and submarkets. At NAI Puget Sound Properties, we have specialists in all commercial property types and all Puget Sound area submarkets, and our affiliation with NAI Global provides us access to resources around the world. Our clients appreciate that we are locally owned yet can support all their needs locally or around the world. We are working hard to further enhance our services at NAI Puget Sound Properties, and look forward to working closely with Scott to accelerate our growth.”
About Scott Coombs
A 1980 graduate of the University of Washington, Coombs has served as a Director for numerous organizations including The Bellevue Chamber of Commerce, the Bellevue Boys and Girls Clubs, and the Washington State Chapter of NAIOP. He currently serves on the Board of Directors for the Commercial Brokers Association, The Urban Land Institute, and the Robert Vasen Foundation. Coombs is also active in the Building Owners and Managers Association and Society of Industrial and Office Realtors (SIOR).
Scott will work out of NAI Puget Sound Properties’ Seattle office.
NAI Puget Sound Properties
1700 Seventh Avenue, Suite 2050
Seattle, WA 98101
In the news:
Puget Sound Business Journal: NAI Puget Sound Properties names its first president, Scott Coombs
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