A NIGHT OF EXCELLENCE - ORWACAB€¦ · the 2020 “A Night of Excellence in Commercial Real...

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R E C E P T I O N S P O N S O R

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night of excellenceF R O M Y O U R L E A D E R S

CAB, NAIOP, SIOR, BOMA PORTLAND BUSINESS JOURNALH O N O R E D T H E C O M M E R C I A L R E A L E S TAT E I N D U S T R Y ’ S G R E AT E S T A C H I E V E M E N T S O F

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N A I O P P R ES I D E N T, O R EG O N C H A PT E RCA B P R ES I D E N T

S I O R O R EG O N C H A PT E R P R ES I D E N T E X ECU T I V E D I R ECTO R , B O M A O R EG O N

On behalf of NAIOP’s membership we are honored to once again collaborate with CAB and SIOR in sponsoring the 2020 “A Night of Excellence in Commercial Real Estate”. This event recognizes the leaders in our industry

by showcasing the outstanding projects and professionals that make this region great. We have be fortunate to enjoy another remarkable year! Come help us celebrate the nominees and give back to the community with our philanthropic partner Habitat for Humanity.

NAIOP, the Commercial Real Estate Development Association, is the leading organization for developers, investors, owners & operators, brokers, and related professionals in office, industrial and mixed-use real estate. The Oregon chapter of NAIOP, totaling 300 members, is one of more than 50 chapters throughout the U.S. and Canada, with corporate headquarters in Washington, D.C.

NAIOP’s focus is to ensure a vibrant and sustainable commercial real estate industry by providing strong government advocacy and serving as a platform for commercial real estate professionals to connect and learn from one another. NAIOP benefits its members by creating a sense of community with a dedicated board of directors, active committees and engaged members who work to track and support legislative issues, provide quality educational programs and organize networking opportunities.

The benefit for NAIOP members is the strongest unified voice advocating for sound commercial real estate practices in the region through relationships with elected officials and policy makers, supporting economic development efforts and communicating with municipal stakeholders.

Welcome CAB, NAIOP & SIOR Members & Guests to “A Night of Excellence”, a chance to recognize the best of the of the commercial real estate industry in 2019. We are excited for our new host location at the Sentinel Hotel and

to ring in a new decade with our valued members and guests. I am truly humbled to be serving as president of CAB and I look forward to growing CAB in both social and educational aspects. In addition to the Night of Excellence your membership with CAB includes access to a multitude of professionally collaborated forms and continuing education hours, as well as access to special events and programs? Take advantage of your membership and get all that you can out of your dues!

I want to thank the CAB Committee and past presidents, most recently Irfan Tahir, for building our CAB organization and turning it into what it is today; an advocate for issues related to commercial real estate, a philanthropic partner and, last but not least, a resource for education. CAB’s mission is “Educate. Advocate. Connect.” And we want to hear from you as to how we can do that better.

This year’s Night of Excellence is benefiting Habitat for Humanity. Your donations help families find stable and affordable housing in the Portland Metro area. Since 1981 Habitat for Humanity Portland has helped over 1,700 people right here in the Portland area to find or repair their homes and is looking forward many more years of service with the goal of tripling the number of people they serve year-over-year.

Thank you to our partners NAIOP & SIOR, teamwork makes dreams work! And thank you to our sponsors, over 700 members & guests. Lastly, congratulations to all of the nominees. In a field of true professionals you have risen to the top and we want to congratulate you on your nomination.

The Society of Industrial and Office Realtors (SIOR) organization is proud to be a returning sponsor of “A Night of Excellence in Commercial Real Estate” alongside NAIOP and CAB to acknowledge our industry leaders and

their greatest accomplishments in 2019.I’m looking forward to serving as the SIOR Oregon/SW Washington Chapter

President for 2020 and I’m honored to work alongside a group of commercial real estate professionals who set such a high standard of excellence for the community. Our expert network of peers both locally and around the globe allows us to stay ahead of the curve on relevant topics that matter most to our clients.

Our local chapter represents over 40 of today’s most knowledgeable, experienced, and successful commercial real estate brokerage specialists in our region and together we can make a real impact on the industry. Real estate professionals who have earned the SIOR designation are recognized by corporate real estate executives, commercial real estate brokers, agents, lenders, and other real estate professionals as the most capable and experienced brokerage practitioners in any market.

Huge congrats to all the award winners and nominees recognized tonight—and thanks to our fellow sponsors. We’re looking forward to a powerful 2020!

BOMA Oregon is delighted to be a part of this very special event. The 2020 Night of Excellence recognizes leaders in the real estate industry – highlighting the exceptional leadership of commercial real estate professionals

throughout Oregon.The Building Owners and Managers Association of Oregon has been a part of the

real estate industry for 104 years! We are honored to stand beside our counterparts to celebrate another successful year in the commercial real estate industry. BOMA Oregon represents over 54 million of commercial real estate throughout the state. Our mission is to promote commercial real estate through leadership, networking, advocacy and professional development opportunities within the commercial real estate industry.

BOMA Oregon values the differences in our membership; and recognizes that our diverse ideals add value to the organization. We are committed to diversity, equity and inclusion throughout our work. Our members, volunteers and staff continuously strive for a diverse membership focusing on mutual growth and respect. We foster a culture where difference matters, and all are supported.

Delighted the planning committee is supporting Habitat Humanity in 2020, and we are pleased the proceeds from this amazing evening supports a wonderful cause. On behalf of the BOMA Oregon Board of Directors, thank you to the sponsors, members and guests. Congratulations to all the nominees!

J O D Y C I E N F U E G O S

N I C K S T A N T O N

T Y L E R J . S H E I L S

S U S A N S T E W A R D

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night of excellenceD E V E L O P M E N T A W A R D S

I N D U S T R I A L D E V E L O P M E N T O F T H E Y E A R

Located along Highway 217 in Beaverton, Oregon, Denney Road Commerce Center features five light industrial buildings totaling 218,569 square feet on 21.01 acres, including 4.25 acres of wetland. Harsch Investment Properties acquired the site from Mercer Industries in 2017 and immediately began a multimillion-dollar renovation of the aging industrial property.

The existing industrial buildings and exterior support yards were constructed in several phases over the last 60 years and consisted of tilt up concrete perimeter walls with industrial grade concrete or asphalt flooring. The site is bounded by Denney Road on the north, Fanno Creek Natural Area to the west, and Highway 217 and a railroad right-of-way to the east. The original buildings were constructed “dock high”, generally four feet above finished grade, with each building intended to be occupied by a single tenant. Prior to the acquisition, Denney Road was home to heavy users in recycling, automotive, and window manufacturing. In order to attract new tenants and transform the property into a multi-tenant industrial park, VLMK Engineering + Design and Perlo Construction began with general site improvements to appeal to more customer-facing tenants. New asphalt was placed throughout the property after extensive groundwork to address unsuitable soil conditions. New dock aprons were added, as well as all new utility connections, retaining walls, and LED

lighting throughout the site. Building improvements in all five buildings include a new three tone paint scheme, articulation using new cornices at the top of the wall, new fenestrations, projections and canopies at storefront entries, and new landscape areas scattered throughout the interior of the park and concentrated generally around proposed office entries and parking areas. Building improvements on Buildings 1, 2 and 4 include all new slab on grade floors, glazing, added dock and drive-in doors, and new roofs and insulation on over half the project. This property features approximately 375 parking stalls and 46 dock doors. Current tenants include NessCampbell Crane & Rigging and Tillamook Country Smokers.

The improvements Harsch made extends the life of the park by decades and anchors Beaverton’s industrial capacity along the 217-Corridor. Beaverton’s six million square-foot industrial market does not have greenfield sites for development, making re-investment all the more important. The industrial vacancy rate in Beaverton is only 3.6%, which is less than half of the ten-year average of 8.1%. Leasing to date in Denney Road Commerce Center has resulted in almost 90,000 square feet of net absorption. The leasing of the remainder of the space in this project will result in another 120,000 square feet of absorption and an additional 200 basis point drop in vacancy.

This project has also contributed to robust rent growth in Beaverton. Rent growth in Beaverton, which averaged 5.7% year-over-year in 2019, can be attributed to this project, as it represents the largest block of available space in the City.

D E N N E Y R O A D C O M M E R C E C E N T E R H A R S C H I N V E S T M E N T P R O P E R T I E S



O F F I C E D E V E L O P M E N T O F T H E Y E A R

7 SE Stark is a 10-story building in the Central Eastside Industrial District of Portland Oregon, situated between the Interstate and Union Pacific Railroad tracks. The building elevates four levels of steel framed office over five and half levels of post-tensioned concrete framed parking and ground floor retail. The 78,298 square foot innovative office building and 265 stall parking garage features prime amenities including views of the city, floor to ceiling glass windows, secured bike parking, fitness center, and on-site parking.

The steel framed building is a true representation of this intentional structure, with a facade and shape that resemble the Pacific Northwest landscape. By program, the framing system of post tension concrete, long span girder beams, and concrete shear walls creates open parking areas on the lower levels, and transforms the upper levels to clear open workspace floor plates. This design allows for open and flexible layouts for creative business to grow within. The office levels were designed to create a column-free floor layout. The building moves vertically, providing several shared terraces and unobstructed 360-views of Portland to each tenant.

The location proved challenging for the project team since a traditional construction tower crane could not be used. The general contractor opted for a 300-ton mobile crane to limit booming over the adjacent transportation viaducts. The total site square footage was 26,825 square feet while the building footprint was

roughly 21,000 square feet, making for a very tight site to perform construction activities.Development of 7 SE Stark upped the ante for office space in the Central Eastside. Prior to construction, the close-in eastside lacked new office product, and for

companies looking to upgrade their space options were limited. 7 SE Stark is positioned to attract high growth companies with the type of talent, which will continue to breathe new life into the community. Floor to ceiling windows, large tenant terraces on every floor, column-free floor plans, a fitness center, and bike parking are just some of the perks offered to tenants.

7 S E S T A R K H A R S C H I N V E S T M E N T P R O P E R T I E S

M U L T I F A M I L Y D E V E L O P M E N T O F T H E Y E A R

The Club at the Park offers contemporary apartment living with the amenities you deserve in the premier Columbia Tech Center, the heart of Vancouver, Washington.

Columbia Tech Center (CTC) is a master-planned mixed-use development located in Vancouver, Washington within the highly desirable Clark County technology corridor. Situated on 430 acres, CTC has over 3.65 million square feet of high-quality office, flex/industrial, medical, retail, hotel and residential space with significant development and leasing opportunities available. CTC is located along SE Mill Plain Boulevard close to Washington SR-14 and Interstate-205. Drive time to Portland International Airport is approximately 12 minutes and downtown Portland is approximately 25 minutes away. Several companies have their corporate or regional offices at CTC including Banfield Pet Hospital, Nautilus, HP, Kokusai, Kuni Automotive and PeaceHealth. CTC is beautifully landscaped with a 12-acre park, amphitheater and boardwalk, and offers amenities like food trucks, pedestrian and bike pathways and a basketball court. Affordable housing is available nearby and the community is recognized for its excellent schools.

Known as ‘Parkside II Apartments’ during construction, ‘The Club at the Park’ broke ground summer of 2017. This project consisted of two, four story slab-on-grade wood framed apartment buildings with ample at

grade parking. In total, the development has 206 units, containing a mix of studio, one, and two-bedroom apartment homes. The units that overlook the adjacent park have exterior balconies and ground floor patios for those residents to enjoy the scenery and walking trails. The two structures are connected via a glass atrium walkway and share an expansive central courtyard. Parkside II has a gym, community room, resident lounge, outdoor fire pit, spacious covered barbecue area, as well as a year-round outdoor pool and hot tub for residents. Units have quality finishes including plank flooring, stainless appliances, oversized windows and quartz countertops.

C L U B A T T H E P A R K P A C T R U S T

O F F I C E R E - D E V E L O P M E N T O F T H E Y E A R

The repositioning of the Harrison Building lobby reinvigorated and modernized the building’s sense of place and introduced a set of attractive tenant amenities. Before renovation, the only common area inside the building was one minimal seating area at the entry. The design transformed former tenant space into an expanded lobby, inviting lounge spaces, and a coffee shop—all of which build identity and community.

The design is a modern take on the building’s midcentury vibe, with wood paneling, lush fabrics, and exposed waffle slab ceiling elements. A series of visual connections link the spaces, allowing glimpses between interior areas and between the indoor and outdoor environments. Design cues were taken from the original building, particularly the motif of the uncovered waffle slab, which inspired the screen wall pattern and the texture on the elevator doors.

The new space allows tenants to come together in a shared space, and in doing so endows the property with a more welcoming, human-centered identity. The amenities improve the day-to-day experience of tenants, and give the owners an advantage in a competitive downtown market.

H A R R I S O N S Q U A R E M A C K E N Z I E

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O F F I C E D E V E L O P M E N T, R U N N E R U P

The 250 Taylor team has worked together to make this impressive new building a reality in a neighborhood that has transformed even in the years since this project was first envisioned. This project strives to honor the history of the area and bring energy to this core downtown street.

250 Taylor is a new 191,500 sq. ft., Class-A office building in downtown Portland. It is a post-tensioned concrete building, skinned with prefabricated, unitized terra cotta curtainwall panels designed to echo the materials and craftsmanship of the historic masonry buildings in the neighborhood. The large windows create a light-filled, modern space and a welcoming lobby and ground floor retail space.

The ten-story building features tall 11 to 13-foot ceilings and open floor plates due to an off-set elevator core. Below-grade holds two levels of parking with 90 stalls. The ground floor includes a bike room with mechanical storage racks for 124 bikes plus locker rooms with private showers. There is a double-height balcony on the 9th floor and a spacious roof deck that overlooks the city and river, complete with built-in teak benches, barbecues and fire pits for tenants to enjoy. The central location of the building is close to transit lines, restaurants, hotels and shopping destinations.

Sustainable features include a high-performance, airtight building envelope to reduce energy usage. Stormwater is treated on-site with a water-filtering planter system. The project is anticipating LEED Gold certification for the core and shell as well as the tenant improvement.

All ten floors of the building are leased to one tenant for their new headquarters. As a large utility company, it is considered a critical facility that needs to be operational even during natural disasters. The building is designed to withstand 50% higher seismic forces than a typical building, equivalent to a category 9.0 earthquake.

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H O S P I T A L I T Y D E V E L O P M E N T O F T H E Y E A R

Hyatt Regency Portland at the Oregon Convention Center is LEED Gold certified and is located directly to the north of the existing Oregon Convention Center in Portland, Oregon. This full-service hotel is 440,000 square feet and includes:• 600 guestrooms, inclusive of 15 suites and 1 presidential suite• Approximately 35,000 square feet of meeting and event space• A full-service restaurant and bar• Administrative office space• Retail space that serves as a coffee shop and 24-hour guest market.

The project will serve to attract larger conventions to Portland and spur additional economic development in the neighborhoods immediately surrounding the Oregon Convention Center, as well as throughout the Portland region. As developer and design-builder, Mortenson owned the hotel through project completion, structuring the $150 million of private investment, and had ultimate responsibility for the design and construction of the project. Mortenson saw this project as an opportunity to collaboratively partner with Metro, Prosper Portland and Hyatt, to successfully deliver the hotel– an aspirational project that had

previously been attempted on several occasions over the past three decades – so that Portland could host larger, and more frequent, conventions and events, as well as have a positive impact on the local community. The impact of a convention center hotel has already produced tangible results. The Travel Portland sales team saw a 43.2% increase in bookings across all Portland hotels over the previous year. From July 1, 2017 to June 30, 2018, the hotel directly resulted in 25 future convention groups booking 129,863 rooms. This increase in overnight bookings results in an estimated additional $650 million in annual convention-related tourism spending leading to the generation of $5.6 million in new state tax revenues and $4.7 million in new local tax revenues.

H Y A T T R E G E N C Y M O R T E N S O N

O F F I C E R E - D E V E L O P M E N T, R U N N E R U P

As one of the newest additions to Portland’s Central East Side, the 14-month renovation of the industrial property, Glass Lab, was completed in the summer of 2019. Originally built in 1960, the name “Glass Lab” is an homage to its one-time tenant, Morehouse Glass Company. Portland-based developer/owner, ScanlanKemperBard, acquired the building in 2017 and began working in tandem with the Denver-based Tryba Architecture to continue the property’s proud industrial tradition by turning the vintage property into a community-oriented creative hub for the next generation of creators and innovators. Located on the corner of SE Martin Luther King Jr Blvd and SE Mill St, Glass Lab is now redeveloped as a 46,000 square foot urban-flex property and offers 13 flexible suites, ranging in size from 2,000-5,400 square feet. Leasing momentum has been strong and the response from the tenant community has been extraordinarily positive and encouraging. Renovations of the Glass Lab were entrusted and overseen by Lorentz Bruun Construction. The combination of exposed concrete, oldgrowth timber beams and tongue and groove wood floors helps to maintain a raw, authentic feel throughout the property, while extensive window lines, soaring ceilings and large skylights keep the spaces naturally bright. A ground floor gathering area, common area kitchen, and glass conference room were specially-designed to further support opportunities for collaboration among its tenants. The Glass Lab

is ideally situated to contribute to the flourishing Portland Innovation Quadrant, the geographic nerve center of a flourishing innovation ecosystem in Portland. The Portland IQ has helped to attract top talent and entrepreneurs to the area, and is anchored by four major institutions of health, science, and technology, OMSI, PCC, PSU, and OHSU. From the onset of this development, SKB sought to make Glass Lab a true success story in balancing the preservation of Portland’s industrial central east side. All the while paving the way for growth and expansion for the next generation of workers. This development was about connecting the property with the local neighborhood and fostering partnerships with those who want to see the rich history of this area preserved for decades to come.

G L A S S L A B S K B


night of excellenceB R O K E R & T E A M A W A R D S

I N V E S T M E N T B R O K E R O F T H E Y E A R , R U N N E R U P

Buzz Ellis is a Managing Director within JLL’s Capital Markets team and leads the firm’s investment sales practice in the Pacific Northwest region. Since 2004, Buzz and his team have completed over 75 transactions valued at more than $2 billion and totaling more than 22 million sq. ft. As a 30+ year veteran of the Portland commercial real estate industry, Buzz has led some of the region’s highest-profile and most complex capital markets assignments, including the recent sale of the Indigo at Twelve West for over $200 million, making it

one of the largest sales in Portland history. Prior to his capital markets career, Buzz was recognized as one of Portland’s most successful landlord/tenant representation brokers. He utilizes his unmatched asset marketing background gleaned from his leasing experience, a command of real-time office market trends, strong capital markets relationships, and well above standard client communication ensuring successful outcomes for his clients.

B U Z Z E L L I SJ L L

I N D U S T R I A L B R O K E R O F T H E Y E A R , R U N N E R U P

Since 1981, Don Ossey, SIOR has successfully represented buyers, sellers, landlords and tenants in negotiating over 1000 industrial, development and investment transactions with an aggregate total of over $1 billion representing over 40 million square feet. Don is consistently one of the top brokers in Portland and was awarded the Commercial Brokers Association 2008 and 2013 Industrial Broker of the Year. In 2013 & 2017 Don was awarded the prestigious Bill Naito Award for completing the most complex transaction of the year. Don achieved the SIOR

(Society of Industrial and Office Realtors) designation in 1995. SIOR members are recognized worldwide as leaders in the commercial real estate profession. Don is very active on a national level within SIOR and is currently on the faculty committee and teaches the designation course in construction and sustainable development all around the country which focuses on ground up construction as well as tenant improvement projects and how to manage both timing and budget on behalf of our clients. Don was named SIOR instructor of the year in 2011, 2013, 2015, 2016, 2017 and 2019.

D O N O S S E YC A P A C I T Y C O M M E R C I A L G R O U P

I N D U S T R I A L B R O K E R O F T H E Y E A R , W I N N E R

Stuart Skaug serves as a Senior Vice President at CBRE, where he specializes in providing both strategic and executional advisory service exclusively to owners and occupiers of industrial real estate. His ability to consistently integrate and align the objectives of each client with executable real estate solutions is a cornerstone of his practice. Stuart has been recognized as one of the most successful and trusted commercial real estate advisors in the Portland/Southwest Washington market, and is a Past President of the Oregon Chapters of SIOR and NAIOP.

S T U A R T S K A U GC B R E

I N V E S T M E N T B R O K E R O F T H E Y E A R , W I N N E R

Nicholas S. Kucha joined Newmark Knight Frank in 2017 as Vice Chairman, Pacific Northwest Capital Markets in the firm’s office in Portland, Oregon. Mr. Kucha helps lead the West Coast Capital Markets team along with Steven Golubchik (Vice Chairman, co-head of Commercial Capital Markets Northern California) and Kevin Shannon (president, West Coast Capital Markets). Prior to joining Newmark, he had closed over $2 billion of transactions. Since beginning his position as Vice Chairman, in just two years Mr. Kucha has added another $1.5 billion in

closings to this total. Mr. Kucha possesses more than a decade of commercial real estate experience with a focus on office and industrial assets. Mr. Kucha’s established presence in Seattle and Portland ties into NKF’s collaborative, team-oriented service platform that spans the West Coast and provides clients unprecedented opportunities to access and purchase more product.

N I C H O L A S K U C H AN E W M A R K K N I G H T F R A N K

It’s a Night of Excellence!

We celebrate all great achievers inPortland Commercial Real Estate.

[email protected] | 844-774-1563

The Power of Information and Marketing

7M A R C H 6 , 2 0 2 0

M U L T I F A M I L Y T E A M O F T H E Y E A R

With a combined 50 years of real estate experience and expertise, Phil Oester, Joe Nydahl and Josh McDonald have formed one of the most successful multifamily teams in the Portland region. Phil has been involved in

brokerage for over 25 years. Prior to CBRE, he lead Berkadia’s Portland office where he was the top producing broker for 15 consecutive years. Joe’s real estate career began in a project management role for Gerding Edlen Development, where he developed a deep understanding for the construction process. Since becoming involved in brokerage, Joe has set record breaking apartment pricing sales in Portland, Bend and Eugene. Josh, formerly the Marketing Director for Holland Partner Group, provides unparalleled insight on development and marketing processes and has been involved in over $1 billion in multifamily sales since joining CBRE. Together, they merge their individual specialties to provide market-leading analysis and services to their clients.

JOSH MCDONALD, PHIL OESTER & JOE NYDAHL C B R E

I N V E S T M E N T T E A M O F T H E Y E A R

The Portland Capital Markets group provides institutional and private capital clients with unparalleled market knowledge and well-developed industry relationships to deliver superior results in every transaction. With more than 30 years of combined real estate experience, Paige Morgan and Charles Safley

are well-known as industry experts and pride themselves on providing a high level of quality, leadership, service and integrity to their clients. Based in Portland, Oregon, the team combines institutional quality knowledge and service with unfettered access to investors and brokers in the local market and across the country. Additionally, the Portland Capital Markets team is fully integrated with CBRE’s IG West team, which allows us to leverage a deep well of knowledge and connections. Our ability to be nimble and deliver innovative solutions sets us apart from the competition.

CHARLES SAFLEY & PAIGE MORGAN C B R E


I N D U S T R I A L T E A M O F T H E Y E A R , R U N N E R U P

The Watt/Clay team represents clients in the leasing and sale of industrial properties in the Pacific Northwest and throughout the country. They have a proven track record and have completed some of the largest and most high-profile industrial transactions in the Portland Metro Area with over 6.8M square feet

leased and $150M in sales since 2017. They are members of the Cushman & Wakefield Logistics, Food & Beverage and Land advisory groups allowing them to network with brokers across the nation and stay on top of trends affecting their clients. Additionally, they are a part of the West Coast Capital Markets Industrial Advisory Group, a fully integrated, national services platform dedicated to providing best-in-class service to capital markets clients. Their rigorous focus on results pushes them to deliver optimal solutions for their clients and successfully execute any assignment.

AARON WATT & KEEGAN CLAYC U S H M A N & W A K E F I E L D

I N D U S T R I A L T E A M O F T H E Y E A R

Steven Klein, Peter Stalick and Brendan Murphy have a combined 51 years of industrial real estate in Portland. The team is headed by Steven Klein, a 38 year veteran and the Managing Director of Kidder

Mathew’s Portland office and Peter Stalick, a 20 year veteran and Executive Vice President and shareholder with Kidder Mathews and their associate Brendan Murphy, an up and coming star with 3 years under his belt. Their team specializes in real estate Owner Representation Services, providing guidance and advisory services to many institutional and local clients on their existing real estate assets and on new development advisory and marketing services. They have collectively been involved in the successful negotiation and closing of over 20.8 million square feet of transactions over the past 10 years. All three are native Oregonians, with a very strong local understanding of the marketplace and market participants.

STEVEN KLEIN, PETER STALICK & BRENDAN MURPHY K I D D E R M A T H E W S

PACTRUST.COM | 503.624.6300

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O F F I C E B R O K E R O F T H E Y E A R , R U N N E R U P

Dave Squire joined the Portland office of Newmark Knight Frank (formerly Grubb & Ellis) in 1990 and has over 30 years of commercial real estate experience with specific expertise in tenant representation and agency leasing. Dave is the current Commercial Association of Brokers Office Broker of the Year (2017) and has been awarded that honor for 2001, 2002, 2003, 2007, 2008, 2009, 2011, and 2013. Prior to joining Newmark Knight Frank, Dave served as Regional Director of Leasing at Equitec Properties/Pacific Development. He graduated with a Bachelor of

Science in Economics from the University of Georgia.

D A V I D S Q U I R EN E W M A R K K N I G H T F R A N K


R O O K I E B R O K E R O F T H E Y E A R , R U N N E R U P

Art joined Capacity Commercial Group as an Associate Broker in September of 2016 after a 2-year stint as a staff accountant with Moss Adams in Seattle, WA. Art splits his time and focus between tenant representation and the leasing and sales of small to medium-sized office buildings in the Portland CBD and surrounding submarkets. He attended Eastern Washington University and earned his B.S. in Accounting while lettering in varsity tennis all 4 years of his attendance at university.

A R T K A R A SC A P A C I T Y C O M M E R C I A L G R O U P

R E T A I L T E A M O F T H E Y E A R

The Diamond Team at Real Estate Investment Group, led by George (40+ years in real estate), along with his children Nicholas (15 years in real estate) and Michelle (12 years in real estate), have worked

together to provide their clients with a full service brokerage experience. The team will often craft the sale of the development land, handle the lease up and then sell the property again, once stabilized. With strong experience in each facet of the real estate process, the Diamond Team understands the fundamentals that make deals successful. All born and raised in Portland, the Team shares a deep passion for shaping the community that they live, work and play in, and pride themselves on not only enjoying what they do, but also value the relationships and friendships they have built over the years with the developers, investors, tenants and brokers they work with.

GEORGE DIAMOND, NICHOLAS DIAMOND & MICHELLE ROZAKIS R E A L E S T A T E I N V E S T M E N T G R O U P

O F F I C E B R O K E R O F T H E Y E A R , W I N N E R

A trusted leader in Portland’s commercial real estate market, Trevor Kafoury has 22 years of experience helping clients achieve success. He combines unparalleled market intelligence with decisive leadership and ensures each deal is completed with a high level of service, integrity and expediency. Trevor is a consistent #1 producer in the CBRE Portland office, top 10% broker for CBRE nationwide, and in 2014 and 2018 won the Portland Commercial Association of Broker’s office broker of the year award. Trevor is also a Committee Member on CBRE’s

Brokerage Advisory Board. During his tenure at CBRE, Trevor has successfully completed a wide array of complex assignments, including some of the most significant transactions in the Portland Metro area, totaling nearly 20 million square feet and $2.5 billion in consideration. Trevor represents a wide variety of local and global clients and understands his clients’ business objectives as if they were his own. Deeply committed to all facets of commercial real estate, Trevor‘s strategic approach and market expertise provide immense value beyond the initial transaction and foster long-term business relationships.

T R E V O R K A F O U R YC B R E

R O O K I E B R O K E R O F T H E Y E A R , W I N N E R

Zac joined Niehaus Properties for his first year as a broker in 2018, bringing with him 11 years of experience in customer relationship management in the consumer-packaged goods industry. Most recently, as a Director of Sales for a Fortune 100 company, Zac led a team dedicated to developing and implementing strategies to partner and grow sales with large online retailers. Zac’s experience and understanding of what it takes to build solid business relationships has helped form his work-ethic to ensure he meets and exceeds his client’s

expectations and has carried over into his real estate dealings. Outside of real estate, Zac is active in the Portland community, volunteering at New Avenues for Youth and serving on their Employee Advisory Board. He enjoys spending time with his wife and 6-month old boy and is an avid golfer and cyclist.

Z A C N E L S E NN I E H A U S P R O P E R T I E S

R E T A I L B R O K E R O F T H E Y E A R , W I N N E R

George Macoubray joined Commercial Realty Advisors NW in 2006 and is the Managing Broker. As a retail broker, George specializes in tenant representation, retail leasing, sales, site acquisition, and consulting.

He is an active member of several industry organizations, including former president of Commercial Real Estate Brokers of Metropolitan Portland (COMP), International Council of Shopping Centers (ICSC), Commercial Association of Brokers (CAB), and Retail Brokers Network (RBN). He is also a

member of Multnomah Athletic Club.Some of the landlords and developers George represents include G Group,

Gramor Development, Central Bethany Development, CFT Developments, DW Sievers Co, DWS, Hummel Development Group, Killian Pacific, Kornwasser Shopping Center Properties, LaNoue Development, and LaSalle Investment Management, among others.

G E O R G E M A C O U B R A YC O M M E R C I A L R E A L T Y A D V I S O R S

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P R O P E R T Y M A N A G E R O F T H E Y E A R

Emily is the Senior Property Manager for American Assets Trust (AAT). She has held this position since 2014 with responsibility for the management of Lloyd Center Tower, Lloyd 700, Oregon Square, Hassalo on Eighth and the Hassalo parking garage. She has over 1,000,000 square feet under her management. Emily also manages parking operations for the Lloyd properties with over 2,600 parking stalls, and the 650 bike parking spaces at our Lloyd Cycle Station. Emily’s recent achievements include oversite of the $9,000,000, three floor tenant improvement project

for Genentech at Lloyd Center Tower, the $10,000,000 renovation of the Oregon Square 830 Building and a new roof installation at Lloyd 700. Emily has overseen all the recent energy savings projects including and new lighting control system at Lloyd Center Tower (a 20% decrease in lighting costs), LED lighting installations at the Lloyd Center Tower garage and the Hassalo garage (a 50% decrease in lighting costs) and a deep energy retrofit of Lloyd 700 (saving over 35% of the building’s total energy costs). Emily manages a team of eight and an operating budget in excess of $9,000,000 annually.

EMILY MANDICA M E R I C A N A S S E T S T R U S T

O F F I C E T E A M O F T H E Y E A R

With a clear view of both real estate and technology, Kristin and Ajay ensure that their clients have the best strategy in place to meet the challenges of growth, change and trends in the market. They advise clients on planning, financial analysis, transaction structure and execution and count several

high-growth technology and professional services firms as clients. During the past five years at CBRE they have advised on over 3 million square feet of office requirements in the Americas, Europe and Asia. From early stage startups to publicly-traded multinationals, they bring the “insider” perspective to every transaction and customize the process around the unique needs of each client. With over 30 years of industry experience in technology between them, Ajay and Kristin have successfully combined their respective knowledge of business to create a successful commercial real estate practice that continually delivers outstanding results.

KRISTIN HAMMOND & AJAY MALHOTRA C B R E

Congratulations 250 Taylor team for making this impressive new office building a reality!

@TurnerPortland


night of excellenceB I L L N A I T O A W A R D

B I L L N A I T O A W A R D W I N N E R

Portland Meadows Racetrack, after much interest, has finally sold to the world’s largest industrial Landlord, ProLogis. This 48-million-dollar sale of 120 acres represented the largest remaining site in Portland and set a new high for industrial land values but was equally large in complexity, taking 1.5 years to complete. The sale consisted of 15 different selling entities in two countries, many of whom were represented by different legal counsel. The buyer had to work through numerous site encumbrances, including terminating the existing rack track lease, two cell tower leases and obtaining a Prospective Purchasers Agreement (PPA) with DEQ. To compound complexity, there was both a lawsuit between two selling parties and a death while under contract, requiring buyer to change title companies to obtain title insurance. Colliers International assisted Prologis in the sale and was retained as the leasing agent for 1.8M of logistics space. While under contract a lease was being negotiated with a fortune 500 company that was signed shortly after closing, preleasing 1/3 of this site, validating their collective efforts.

P O R T L A N D M E A D O W S R A C E T R A C KJ E R R Y M A T S O N , C O L L I E R S I N T E R N A T I O N A L ; S E A N C O L L E T T A , P R O L O G I S

HABITATPORTLANDMETRO.ORG

better homes,brighter futures

E N T E R T A I N M E N T P A R T N E R S

T H A N K Y O U T O O U R

REDSHOEPRODUCTIONS.NET | 503.913.0995

PHOTOSBYKARIBALTZ.COM | 503.793.1733

DEERINGMANAGEMENTGROUP.COM503-225-1545

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night of excellenceB I L L N A I T O A W A R D

B I L L N A I T O A W A R D R U N N E R U P

University of Western States’ enrollment has continued to climb yet their campus was not accommodating their growing needs. The best solution was to sell the campus and find a location where UWS could be under one roof. Some of the challenges were sourcing relocation options within a small geographical area, finding a Buyer for the campus and negotiating a short-term lease back to allow the university time to remodel the new location.

The UWS campus sold over the asking price to Linfield College (Eric Haskins and Andrew Rosengarten of JLL represented Linfield). We were then able to secure a lease for the new UWS campus at 8000 NE Tillamook Street in Portland while Trammell Crow had the property under contract to purchase. Trammell Crow ended up selling the building to W.P. Carey and the transaction closed in late February 2019. Joe Kappler represented UWS and Kevin VandenBrink represented Trammell Crow.

U N I V E R S I T Y O F W E S T E R N S T A T E SJ O E K A P P L E R & K E V I N V A N D E N B R I N K , M A C A D A M F O R B E S

NOW LEASING NEW PROJECTS ON THE EAST AND WEST SIDE

Harsch Investment Properties is proud to present new creative office space in Portland’s Central Eastside and new light industrial space along Highway 217 in Beaverton.

FIND OUT MORE AT WWW.HARSCH.COM

7 SE STARK

DENNEY ROAD COMMERCE CENTER

218,569 SF | FLEXIBLE BAY SIZES FOR MULTIPLE TENANT SIZES | 375+ PARKING STALLS | 46 DOCK DOORS

78,298 SF | 265 PARKING STALLS | 360º VIEWS | COLUMN-FREE FLOOR PLATES

THERE’S A BANK THAT STILL REMEMBERS WHO IT WORKS FOR.

At Bank of the West we like to start banking relationships by listening to our customers. Taking the time to know you and your needs helps us recommend personal banking, business banking and wealth management services that may be right for you.

“JR” JACQULINE RITCHIE - VP, Business Development OfficerOffice: (503) 294-6360 | Cell: (503) [email protected]

Member FDIC. Equal Housing Lender. © 2017 Bank of the West.

FEATURED PROJECT: 2ND & PCH, LONG BEACH, CACENTERCAL.COM

VISIT US ON THE WEB TO LEARN HOW OUR PLANS AND DREAMS ARE CREATING OPPORTUNITIES FOR YOU.

DEVELOPMENT | MANAGEMENT | LEASING

CREATING VALUE FOR RETAILERS AND COMMUNITIESCenterCal Properties’ passion for developing upscale shopping destinations created with world class design has quickly brought us to the forefront of favorite community gathering places. Beautiful locales, favorite shops and a vast assortment of special events continue to entice all generations time and again to visit us from both near and far.

A NIGHT OF EXCELLENCE - ORWACAB€¦ · the 2020 “A Night of Excellence in Commercial Real...

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