2020 Year in Review
We Received Recognitions
We were honored to be named No. 2 on Puget Sound Business Journal's list of Best Midsize Workplaces in WA!
“To finish 2nd this year after being the #1 Place to work for the past two years is remarkable. Those rankings validate that our efforts to create a great company culture continue to be effective and are sustainable.” said Scott Coombs, President of NAI Puget Sound Properties. View the full blog: HERE
We ranked no. 20 on the Eastside Fastest-Growing Private Companies.
We ranked no. 45 on the 100 Fastest-Growing Private Companies
We Worked from Home
Starting in March our team started working from home to help slow the spread of Covid-19. Our team still had fun with virtual happy hours, a pumpkin carving contest, and even an El Gaucho 3 course meal!
We Supported our Clients During the Pandemic
As the COVID-19 outbreak continues to threaten a health crisis, legislators, businesses, and communities are forced to wrangle with a different kind of crisis - economic hardship and uncertainty. Check out our list of helpful Resources for Businesses Impacted by COVID-19.
We Hired and Promoted our People
We had Notable Transactions
- CTE Logistics is a 3PL based in Washington State. They handle all aspects of the domestic supply chain, from port pickup to warehousing and delivery. For over six years, CTE has relied exclusively on the expertise of Jeff Forsberg and Arie Salomon for tenant representation on multiple transactions including four building leases and 3 short-term leases. When two of their building leases were due to expire, they once again called on Jeff and Arie to help them find a new space that fit their needs.
- Systima Technologies, a manufacturer of components and integrated systems for the defense and space markets, acquired the Boeing-occupied HarbourPointe Tech Center for $46.75 million and sold two buildings in Kirkland for a total of $28.5 million. The tech center gives Systima room to grow in one location. About three-quarters of the tech center is office and the rest industrial space. The company will use the office space as is, but anticipates “a fair amount of reconfiguration” of the manufacturing space. Dick Paylor represented the buyer.
- Releasing the Kraken has never happened in this many different forms. Seattle’s NHL expansion franchise opens its official team store in South Lake Union, a waterfront location in Chandler’s Cove at the site of the former Joey Lake Union restaurant. Billy Poll and Dean Altaras represented the tenant.
- Lowe’s Home Improvement signed the lease for 1.2 million square feet at Benaroya Pacific Northwest Regional Logistics Center, the largest fully entitled industrial property in Western Washington. The deal is the latest as distribution centers grow larger and the Puget Sound industrial market stretches farther south along Interstate 5 into Lewis County. The Lowe’s facility is being built about 25 miles south of a mammoth United Natural Food Inc distribution facility, which sold for $195 million. Arie Salomon, Jeff Forsberg and Dave Douglas were the NAI PSP brokers on the transaction.