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1518 1st Avenue South, Seattle, WA 98134
February 2008
$10,000,000
55,000 sq ft
Description:
A six story, brick building originally constructed in 1908, located in the heart of the Seattle SODO District.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
A $5 million renovation to entire structure to today's code including seismic retrofit while marketing the vacancies attempting to re-Lease the 55,000 square feet to new tenants
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1st Avenue (Taylor Edwards)
780-790 6th Street Kirkland, WA 98033
July 2007
$1,525,000
6,030 sq ft
Description:
A two story multi use (two apartments and one commercial) structure over parking located within the Houghton neighborhood of Kirkland.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
Renovate both interior and exterior of the structure, while turning the individual units into condos for disposition, 12-18 month time frame.
6th Street
903 5th Avenue Kirkland, WA 98033
March 2006
$2,470,000
10,003 sq ft
Description:
A two story wood frame building located in the middle of Kirkland
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
Manage property for clients business use as owner occupant
903 Building
402, 440, 502 16th St NE Auburn, WA 98002
December 2008
$3,300,000
32,636 sq ft
Description:
Three one story retail buildings located just off the freeway on the main arterial in Auburn.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
The property was acquired for its cash flow only. Our main goal is to maximize cash flow (vs. a higher rental rate) while minimizing any capital improvement expenditures.
Auburn Airport Plaza Buildings
345-395 Kirkland Ave Kirkland, WA 98033
September 2006
$3,117,084
9,084 sq ft
Description:
A multi use building, condos above and 3-6 separate commercial units adjacent Kirkland Way.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
Lease each unit for five plus years with escalating rents preparing for sale as one center.
The Boulevard
2600 N Columbia Ctr Blvd Richland, WA 99352
September 2006
$5,870,000
114,000 sq ft
Description:
Multi-tenanted Retail Center located upon 11.74 acres along the Columbia River in Richland, Washington.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
Maintain existing retail tenancy while developing the additional two plus acres. Approximately 24,000 sf of new buildings may be added to the site creating a new platform and environment from which to improve upon the existing tenancy and corresponding income.
Columbia Center North
731 N Columbia Ctr Blvd Kennewick, WA 99336
May 2007
$8,075,000
88,577 sq ft
Description:
Multi tenanted retail center located upon 7.2 acres along the main retail corridor
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
Upgrade existing situation through management and building renovations. Look to develop small (3,000sf) pad site at entry.
Columbia Summit
4515-4519 University Way, Seattle, WA 98105
October 2003
$1,450,000
18,000 sq ft
Description:
Turn of the century masonry retail building on the 50 yard line of University "Ave" between 45th and 47th.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
Upon acquisition, two of the three first floor tenant spaces were released on five year deals. A mezzanine storage space was converted to rentable space and the basement level began to generate revenue. Total building square footage will be realized upon the renewal of the 2nd floor.
Kalberg Building
13215 SE 24th Street, Kent , WA 98042
November 2004
$3,975,000
24,300 sq ft
Description:
A single story retail structure located on the corner of SE 240th St and 132nd Ave, on 2.5 acres.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
Maximize cash flow for an older well located retail center by improving the overall condition of the structure and improving upon tenancies.
Kent Meridian Place
106-110 Kirkland Avenue Kirkland, WA 98033
October 2008
$2,975,000
8,643 SF
Description:
A one story retail building in downtown Kirkland, WA
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
The property was acquired for its below market rents and prime location. Professional management and leasing are key responsibilities
Kirkland Avenue Building
10501 NE 38th Pl, Kirkland, WA 98033
September 2006
$1,400,000
3,888 sq ft
Description:
A 20 building office park, sold as individual condos to users.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
Manage building for clients business use.
Linbrook Building 10
1546 Boalch Ave NW North Bend, WA 98045
June 2005
$4,750,000
60,060 sq ft
Description:
A multi building newly renovated Business Park located in the expanding North Bend community.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
The property was acquired for its cash flow and expanding community. Professional management, tenant retention and improving upon rental rates as North Bend grows are the number one responsibilities.
Mt Si Business Park
13030 Military Rd. S. Tukwila, WA 98168
October 2005
$2,715,000
15,976 sf
Description:
A two story over parking, medical building located adjacent Highline Hospitals north campus.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
Transfer a user operated and managed property to an industry standard program. Increased the property square footage to BOMA, a net effect of 25% more building SF. Over time, increase rents to reflect accurate square footages thereby increasing the overall building value.
Riverton Medical Building
2606 116th Ave NE, Bellevue, WA 98004
May 2000
$7,050,000
33,000 sq ft
Description:
A two story, concrete tilt construction over parking located on SR-520
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
Acquisition of owner/user property, leasing the balance with the intent of future expansion while maximizing income.
Sweeney Conrad Building
4303 Tolt Ave, Carnation, WA 98014
June 1993
$2,080,000
5,596 sq ft (storage) 28,462 sq ft (retail)
Description:
The main retail center within Carnation anchored by QFC including adjacent self storage center.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
Manage the center for family trust with maximizing cash flow as best possible.
Tolt Self Storage/Tolt Towne Center
12301 120th Ave. NE Kirkland, WA 98034
January 2005
$6,500,000
25,135 RSF
Description:
A two building retail center located adjacent I-405 in the expanding Totem Lake neighborhood.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
The property was acquired for its cash flow and its improving location. Professional management, tenant retention and improving upon rental rates as Totem Lake expands are the number one responsibilities.
Totem Hill Plaza
10700 SE 174th St., Renton, WA 98055
October 2002
$1,700,000
14,625 sq ft
Description:
A two story medical structure over parking located near Valley Medical Center.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
Maintain tenant mix while maximizing income through storage rental and increasing square footage through standardized BOMA area calculations. Purchased through 1031 exchange.
Valley Dental Building
21727 76th Ave W, Edmonds WA 98026
May 2008
$5,000,000
18,014 sq ft
Description:
A two story medical building located on the Stevens Hospital medical campus in Edmonds.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
The property was acquired for its cash flow and its improving location. Professional management and tenant retention are the number one responsibilities.
Warren Building
15600 Redmond Way, Redmond, WA 98052
January 2001
$2,300,000
26,037 sq ft
Description:
A three story building including a single-story separate suite entry office component.
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
Replace second floor executive suite with new long-term office tenant. Renew existing tenants, increasing their rents by 35% while completing our overall building renovation.
Westgate Building
Our management portfolio has been built through the acquisition of investment properties throughout the Puget Sound. The properties are a mix of class A and B office, medical and retail facilities.
Because of our alignment of interests with our clients, and our program to facilitate the entire asset management process we manage the growth of our company and therefore the quality of our services offered by accepting only our newly acquired investments and select projects.
To date, we have accepted and been involved with over 500,000 square feet of property management projects.
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15409 Main St Duvall, WA 98019
September 2009
$5,775,000
Description:
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
River View Plaza
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16651 Redmond Way Redmond, WA 98052
September 2003
13,619 sq ft
Description:
Address:
Purchase Date:
Sales Price:
Building Size:
Responsibility:
Point Redmond
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