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Real Estate Bisnow
   
January 3, 2013 
 
 
Best of 2012

 
Just think: A year ago, some looked at Seattle as a subsidiary of Alaska. Now it's more like a subsidiary of Amazon. Here, a best-of list for Seattle CRE in 2012:
 
Nick Griot of CBRE at Griot's Garage in Tacoma.
BEST CRE CAR COLLECTION: Meet CBRE's Nick Griot, whose father Richard founded Griot's Garage in Tacoma. If ever you want to impress a client, take them to Griot's, where you can strike a pose like Nick in front of a whistle-worthy collection of vintage beauties like this Ferrari. The car was once owned by an Italian banker, who purchased it as a gift for his mistress, Richard tells us. When the banker's wife found out, she forced her husband to stop making payments on the car, which led to it being repossessed and purchased by the Washington family that now owns it (a happy ending, at least from our point of view). More on the Griots coming up in about a week.
 
Newmark Realty Capital President Hans Siebert, O'Keefe Companies CEO Tom O'Keefe and Joe Baldwin of CBRE at SAM downtown for the Bisnow Data Centers Summit.
BEST POTENTIAL DEAL: Patrick Dempsey's investment group, represented by Foster Pepper, is set to bid on Tully's Coffee at auction today, along with Starbucks and some other big names. Above, Tully's Founder Tom Tully O'Keefe with Newmark Realty Capital president Hans Siebert and Joe Baldwin of CBRE at our Data Centers Summit at SAM this fall. Tom started Tully's in 1992 to be a Starbucks competitor but exited in 2010.
 
Rob Tobeck of Griffin MacLean at the Seattle Yacht Club.
BEST CRE PERSON TO TALK FOOTBALL WITH: Former Seahawk Rob Tobek, a veteran of two Super Bowls, now working for Griffin MacLean. Rob made his exit from football after the 2006 season, the first and last time the Seahawks were in the Super Bowl. How did he know it was time to retire? When the rookies were about the same age as his daughter, he told us.
 
An aerial view of South Lake Union and the Amazon complex.
BEST BIG DEAL: No doubt about it, 2012 was the year of Amazon. The online sales giant thrilled us with one big revelation after another, announcing in the spring that it intended to buy three blocks in the Denny Triangle from Clise Properties and putting a 1M SF office tower on each one. (Beyonce may say "Put a ring on it," but we think putting an office building on it is a fair sign of commitment.)
Vulcan Director Lori Mason Curran takes a break near her office in Pioneer Square.
Amazon rang out the year by closing on the $207M ($910/SF) transaction. That was less than a month after it announced the biggest CRE deal in the nation last year, it's $1.1B buy of its 11-building corporate campus in South Lake Union. Even with all of that, Vulcan VP Ada Healey and real estate investment strategy director Lori Mason Curran have hinted that more is to come.
The Seattle skylne as seen from the Great Wheel at Pier 57.
BEST ADDITION TO THE SEATTLE SKYLINE: Above, the view of Seattle you get from 175 feet up on the Great Wheel at Pier 57. (It wouldn't be an authentic view without a few rain drops.) Developer Hal Griffith and his sons cooked up the idea of the beautiful new waterfront wheel, and the 175-foot structure serves two purposes: to draw people to the waterfront and its businesses while construction on the Alaskan Way Viaduct is going on, and just to be cool. We love it.
Chad Yoshinobu of Gensler and Kidder Mathews CEO Jeff Lyon at NAIOP's Night of the Stars.
BEST CRE ODD COUPLE: We couldn't get enough of emcee duo Gensler principal Chad Ysohinobu and Kidder Mathews CEO Jeff Lyon at the NAIOP Night of the Stars awards. Before the event, Jeff and Chad take a day and go ham it up at various Night of the Stars-nominated sites with a film crew. (Our fave moment was seeing them shoot arrows at the new CityTarget sign on 2nd Avenue.) Honorable mention: Daniels Real Estate's Kevin Daniels and American Life president and CEO Henry Liebman, who proved that beer really does bring people together. In their case, together to build the largest transit-oriented mixed-use development project on the West Coast.
 
Coming tomorrow: 2013 predictions from Seattle's CRE stars. Got a prediction for us? Tell Blythe.lawrence@bisnow.com.
 
 
 
 
NewAcre (300k) SEA
 
Arent Fox (REI) SEA
 
Addison (Climb3) SEA
 
Microsoft (Share)
 
Bisnow (Writer2)
 
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