Capital Pacific continued investing in its unique client facing commercial real estate brokerage platform and expanded its market leadership with Northwest transactions totaling $383M in 2015.
Recent 2015 closings included the 110,869 square foot grocery-anchored shopping center Ballinger Village, located in Shoreline, Washington which sold for $23,750,000 and the 27,000 square foot New Seasons Market on Woodstock, located in Portland, Oregon which sold for $15,680,000.
Capital Pacific’s commitment to enhancing their Northwest presence is evident in the recent relocation and expansion of their Seattle office. The newly remodeled building, located in the Fremont neighborhood at 3625 Woodland Park Ave N, opened this past November and will serve as a key component to attract talent to join the Capital Pacific platform and drive continued growth. The company is exclusively representing owners on the disposition of over $150M in Pacific Northwest investment properties already in 2016.
This spirit of expansion extends companywide with 47% growth in Northwest office new hires, most notably the promotion of Sean Tufts to Managing Partner in Seattle and the addition of David Gellner, Seattle office Partner. Capital Pacific made additional key Northwest hires to further strengthen its best-in-class platform with expertise in market research, property marketing, analysis/underwriting and transaction management.
“Capital Pacific isn’t built to be all things to all people. We do things a little differently.” said Michael Horwitz, Company Founder and Managing Partner. “We continue to build upon our unique, shared approach so that our clientele enjoy more meaningful outcomes.”
Capital Pacific has offices in Seattle, Portland and San Francisco specializing in real estate investment sales advisory. Company-wide, Capital Pacific‘s 18 brokers closed 205 transactions totaling $942M in 2015, marking the second highest grossing year in company history.