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Chapter Building I

Chapter Building I

Chapter Buildings: A Premier Mixed-Use Development in Seattle's U District
The Chapter Buildings offer a blend of office, life sciences, and retail spaces in Seattle's University District, fostering a unique community atmosphere in a thoughtfully designed environment. A collaboration between Touchstone, a subsidiary of Urban Renaissance Group, and Portman Holdings, this 400,000 SF Class-A development was thoughtfully designed with tenants in mind, offering first-rate amenities, extensive outdoor spaces, and seamless connectivity to the vibrant neighborhood. Located just three blocks from the University of Washington and a block from the U District Light Rail station, the Chapter Buildings offer easy access to Downtown Seattle, the Burke Gilman Trail, and major highways, making it an ideal hub for innovation and connectivity.

With a focus on wellness, connection, and flexibility, the Chapter Buildings are crafted to meet the diverse needs of today's workforce. Building I offers 240,000 SF of premium office space and 9,000 SF of retail, designed to enhance productivity with expansive views, abundant natural light, and adaptable common areas. Building II features a state-of-the-art 148,000 SF life sciences facility, equipped with lab spaces and workstations to attract top bioscience talent. The development includes rooftop decks with panoramic views of the U District, Mt. Rainier, and the Seattle skyline, providing a refreshing retreat for tenants. Prioritizing sustainability, the buildings feature a dedicated outdoor air system for fresh air circulation and have achieved LEED Gold and Fitwel certifications. The Brooklyn Cut, a 5,200 SF pedestrian connector, further integrates green spaces and fosters a strong sense of community within the complex.

To learn more about the Chapter Buildings, please visit www.chapterbuildings.com.

Speakers and Panels

Navigating Project Success Amidst Market Volatility

From Entitlement and Financing Models to Construction Trends, and Site Selection Alternatives, How are Seattle's CRE Leaders Driving Projects to Completion?

Andy Bench

Andy Bench

President

Wright Runstad & Company

Kim Faust

Kim Faust

Co-President & Chief Development Officer

MainStreet Property Group

Holly Gardner

Holly Gardner

President

The Schuster Group

Bill Ketcham

Bill Ketcham

VP

Turner Construction

Jake Stacy
Moderator

Jake Stacy

Partner and Practice Leader

USI

Andy Bench

President

Wright Runstad & Company

Andy Bench was named President in 2024 and is responsible for the day to day management of the company as well as heading up the Development group. Bench came on board with Wright Runstad & Company in 2017 to manage the 1.2 million square foot mixed-use Rainier Square redevelopment project and project management for the 400 University project, which started construction in 2020 and attained occupancy in 2022.

Prior to joining Wright Runstad & Company, Andy worked for Pine Street Group as a project manager for the 1.4 million square foot Washington State Convention Center Addition. A Seattle native, Andy earned a Bachelor of Arts in Economics and Philosophy from Georgetown University before becoming an officer in the U.S. Marine Corps. He later earned a Master of Science in Civil and Environmental Engineering from Stanford University and an MBA and certificate in commercial real estate from the University of Washington

Kim Faust

Co-President & Chief Development Officer

MainStreet Property Group

As Co-President & Chief Development Officer, Kim oversees the firm's acquisition, entitlement, development, and construction activities across the Puget Sound Region. Kim leads a development and construction pipeline of more than a billion in development and construction for mixed-use, multi-family and commercial projects ranging from 100 units to more than 600 units, plus commercial office, restaurant, and retail spaces. Kim has led the development and construction of over 2,500 units within 20 projects across six Eastside jurisdictions and Seattle over the past twelve years. In 2016 Kim was named “40 Under 40” by the Puget Sound Business Journal. Kim has over twenty years of diverse experience in real estate development and construction.

Kim, a native Eastsider, attended Eastlake High School in Sammamish and then earned a scholarship to Santa Clara University, where she played Division I College Basketball for four years. Kim is a Designated Real Estate Broker in the State of Washington and serves on the Santa Clara University Real Estate Advisory Board, and is also a member of the ULI Multi-family Product Council. She participates on various committees and boards within the industry.

In her spare time, Kim enjoys coaching her kid’s sports teams and playing basketball. Kim and her husband Mark live in the Kirkland neighborhood with their two daughters.

Bill Ketcham

VP

Turner Construction

Bill is the Vice President and General Manager of Turner Construction Company's Seattle business unit. As General Manager, he is dedicated to overseeing and enhancing the unit's efficiency and operational excellence. With a diverse Turner career spanning three distinct Business Units—New York, Northern California, and Seattle—Bill brings a wealth of experience to his current position. His pre-Turner days were marked by his work at architecture firms in Los Angeles and New York City, where he honed his expertise in adaptive reuse projects. As a leader, Bill is known for his passion and inspiration, with a steadfast commitment to fostering an inclusive workplace.

Bill's leadership philosophy is rooted in the power of team building and nurturing enduring relationships. He is a mentor at heart, driven to motivate and collaborate, ensuring that Turner's future leaders receive the mentorship and direction necessary for a rewarding career journey.

A proud alumnus of the University of Southern California, Bill earned his Bachelor of Architecture before advancing to Columbia University's Graduate School of Architecture for his Master of Science. Outside the office, he is an avid traveler and outdoor enthusiast, enjoying the Pacific Northwest alongside his wife, three sons, and two daughters.

Jake Stacy

Moderator

USI

Jake Stacy serves as Real Estate Practice Leader at USI Insurance Services overseeing both the Seattle and Boise markets. USI is the 4th largest privately-held broker in the country, serving over 500,000 clients. Over the past 8 years, Jake has placed over $40M in insurance premium for middle market, institutional real estate investors, and ground up developments.

Transformative Developments: Projects That Are Reshaping the City’s Future

From Mixed-Use Activations and Luxury Residential to Retail Revitalization and Gentrification, Discover the Landmark Projects Shaping the Emerald City

Brian Fritz

Brian Fritz

Regional SVP, Development

AvalonBay Communities

David Ratliff

David Ratliff

President, Development

Devco Residential Group

Daniel Gallagher

Daniel Gallagher

President

Nitze-Stagen

Patricia Laughman
Moderator

Patricia Laughman

Partner

Cairncross and Hempelmann

David Ratliff

President, Development

Devco Residential Group

David grew up in real estate brokerage and has focused on many aspects of real estate development. He has dedicated his career to providing quality housing for people who need it most. As a leader of DevCo, LLC and DevCo Preservation, LLC he makes this commitment a reality. He is committed to empowering his team with the ability to make a significant impact in the lives of tenants by providing high quality housing throughout the Western United States.

David has over 15 years of experience with real estate brokerage, construction, development, and investment. David has extensive experience managing long term relationships with brokers, development consultants, lenders and syndicators. Since joining DevCo, the company has grown from a portfolio of 3,000 units in 2013, to 10,000 units in 2021

David graduated from Washington State University with a Bachelor of Science in Finance and Real Estate and from Arizona State University with a Masters in Real Estate Development. He has also been a licensed real estate broker in the State of Washington.

David enjoys an active lifestyle and is frequently out adventuring. You can find him on the ski hill, backpacking in the mountains or out on the water. He frequently asks anyone he can about travel recommendations and is always planning his next adventure.

Daniel Gallagher

President

Nitze-Stagen

As President, Daniel oversees Nitze-Stagen’s integrated real estate investment and portfolio management activities, with a particular emphasis on deal sourcing, investment analysis and development oversight. Previous to Nitze-Stagen, Daniel worked as an early stage technology investor at Voyager Capital and as a Financial Analyst at Goldman Sachs. In his free time, he enjoys spending time on the water with his wife and two young children. Daniel holds BA degrees from University of Washington in Finance and English and an MBA from Harvard Business School.

Patricia Laughman

Moderator

Cairncross and Hempelmann

Patricia is a member of Cairncross & Hempelmann’s Litigation practice group. Her practice focuses primarily on complex commercial disputes, construction litigation, and employment law. She also does transactional work and has drafted, negotiated, and analyzed design and construction contracts for a vast array of construction projects. Patricia represents companies of all sizes and her clients include design firms, architects and engineers, contractors, owners, and consultants. Patricia manages all aspects of complex litigation, from multi-party discovery, expert and fact depositions, through hearings, trial and appeal. She takes the time to dig deep into the technical information of her cases, gathering a strong foundation of knowledge on which to base her legal position. Patricia’s clients also benefit from her ability to provide practical, actionable legal counsel relating to risk management and dispute resolution. This aspect of her practice has grown in the recent years and is directly informed by her litigation experience. Treating her client’s money like her own, Patricia is value driven and cost conscious when it comes to the strategic legal advice she provides. This mentality extends into her approach to each case, working to develop relationships with opposing counsel to maximize the outcomes for her clients through effective negotiation and cooperation across the table.

Seattle's Next Chapter: State of the Market Insights

Seattle’s Prominent CRE Leaders Discuss Evolving Market Dynamics, Downtown Activations, Back-to-Office Trends, and the City’s Rebound

Dan Byrnes

Dan Byrnes

CEO

Security Properties

Pat Callahan

Pat Callahan

CEO

Urban Renaissance Group

Bill Frame

Bill Frame

CEO & Chairman

Kidder Mathews

Wes Larson

Wes Larson

CEO

Sound West Group

Dan Byrnes

CEO

Security Properties

Dan Byrnes is the Chief Executive Officer of Security Properties. He leads the Investment Committee and is a member of its Board of Managers. Mr. Byrnes has broad responsibility for strategic planning, growth, and the financial health of the organization. In addition, he is involved in all aspects of SP’s business units, including acquisitions, dispositions, asset management, development, private equity funds and property operations. Mr. Byrnes has completed over 150 transactions totaling $6 billion since joining Security Properties in 2012. He previously served as SP’s Chief Investment Officer, and, prior to that, its Managing Director of Conventional Investments.

Prior to joining Security Properties, he served as a Director of Investment Sales in HFF’s New York City office, where he completed over $4 billion of real estate transactions, spanning all major US markets and asset types.

Mr. Byrnes serves on the ULI Multifamily Blue Product Council and is a member of the Policy Advisory Board of the Fisher Center of Real Estate and Urban Economics at University of California, Berkeley.

Pat Callahan

CEO

Urban Renaissance Group

As Founder and Chief Executive Officer, Patrick Callahan drives the vision, strategy and overall direction at Urban Renaissance Group (URG), a full-service commercial real estate operating company with approximately 6.2 million square feet of office space, nearly 80 employees and multiple award-winning acquisitions and redevelopments.

With more than twenty years’ experience in the real estate industry, Patrick has been directly involved in numerous multi-million dollar lease transactions, acquisitions, development projects, assimilations, asset repositions and renovations. His firm has placed more than $500 million in capital on behalf of clients in downtown Seattle and Portland in the last 24 months alone.

Prior to founding URG in 2006, Patrick held numerous key roles at Equity Office Properties Trust (EOP). As Senior Vice President, he oversaw a business unit of 18 million square feet, 114 buildings, 300 employees and more than $450 million in revenues in Seattle and Bellevue, Wash.; Portland, Ore.; and Denver, Co. He was also directly involved in more than 30 million square feet of acquisitions and 2.5 million square feet of completed development projects across nine markets. He played a significant role in one of the largest transactions in U.S. history when EOP acquired Spieker Properties for $7.2 billion in February 2001.

Bill Frame

CEO & Chairman

Kidder Mathews

Bill Frame, SIOR, CCIM is chief executive officer and chairman of the board of Kidder Mathews – the largest fully

independent commercial real estate firm in the Western U.S., with over 900 professionals in 20 offices across

Washington, Oregon, California, Idaho, Nevada, and Arizona. The firm offers a complete range of brokerage, appraisal,

asset services, consulting, and debt & equity finance services for all property types.

As CEO, Bill directs the firm’s strategic vision, growth initiatives, and financial oversight, leveraging his extensive 30-year

career in commercial real estate. Throughout his tenure, he has served on Kidder Mathews’ Board of Directors, strategic

planning committee, and various executive committees, playing a key role in shaping the firm's direction and success.

In addition to his executive leadership, Bill has a distinguished brokerage background, specializing in corporate real

estate, healthcare, office, and investment properties. His achievements include being named SIOR Office Broker of the

Year and consistently recognized on the Puget Sound Business Journal’s Power 100 Leader list. He was also recognized

as one of the Middle Market Fast 50 honorees by PSBJ in 2022 and received the CEO USA Award from CEO Today

Magazine in 2023.

Bill holds a B.A. in Accounting from the University of Washington and has earned the prestigious Certified Commercial

Investment Member (CCIM) and Society of Industrial and Office Realtors (SIOR) designations. He is a member of the

National Association of Industrial and Office Properties (NAIOP) and Commercial Brokers Association (CBA).

Beyond his professional role, Bill is a dedicated advocate for cancer research and awareness. He serves on the advisory

board of the South Sound Care Foundation and founded the Frame Family Foundation, which has raised nearly $2 million

for cancer research. His philanthropic efforts contributed to organizations such as Memorial Sloan Kettering Cancer

Center in New York and the Care Foundation for Cancer Research in Washington.

Case Study: Waterfront Revitalization Coming to Fruition

From Large Civic Projects and the New Overlook Walk to Cultivating Culture and Energy in the Heart of Seattle

Eldon Tam

Eldon Tam

COO

Friends of Waterfront Seattle

Kyle Butler

Kyle Butler

Finance & Project Controls Manager

Office of the Waterfront & Civic Projects, City of Seattle

Barbara Lee

Barbara Lee

Director, Waterfront Program

City of Seattle

Cori Palmer
Moderator

Cori Palmer

Market Executive

Mortenson

Cori Palmer

Moderator

Mortenson

Cori Palmer joined Mortenson in 2009 after graduating from the University of Puget Sound. As Market Executive, Cori is responsible for fostering and maintaining relationships with clients to partner on their business objectives and growth plans. She has expertise in a wide range of markets, including healthcare, commercial, hospitality, industrial, and water infrastructure. Through her exceptional use of listening, communication, problem-solving, and awareness of market trends, Cori collaborates with teams and partners to develop pristine solutions that benefit every party involved. She makes it her mission each day to help create and lead an environment where everyone feels welcomed, valued, and motivated to put their best foot forward to work together with our customers and partners to build lasting facilities for our communities.

Opening Remarks

Andrea Barry

Andrea Barry

Director

Nine dot Arts

Andrea Barry

Director

Nine dot Arts

Andrea Barry has over two decades of experience in creative professional services, with a focus in the real estate development, hospitality, architecture, engineering, construction, and design industries. She holds a BFA in Visual Communication with an emphasis in Design and Marketing and is a Certified LEED Green Associate. Throughout her roles in design, advertising, marketing, program management, and business leadership, her passion has been helping clients achieve their business objectives through creative storytelling, stakeholder engagement, and innovative communication strategies. As the Director of Client Success for NINE dot ARTS, Andrea focuses on strengthening client relationships while helping partners achieve maximum value and engagement through their curated art programs and creative placemaking efforts. She is especially focused on helping clients leverage opportunities for positive social impact and meaningful contributions to the creative economy.

Remarks from Chapter Building Ownership

Penn DiJulio

Penn DiJulio

VP, Development & Construction

Urban Renaissance Group

Penn DiJulio

VP, Development & Construction

Urban Renaissance Group

Penn DiJulio is a VP, of Development and Construction at Urban Renaissance Group/Touchstone, involved in all aspects of the development process, from strategic input during acquisition and due diligence phases to project closeout and transition. His primary focus is the management of development opportunities to procure entitlements and permits and management of each project through design, pre-construction, and construction phases, including tenant improvement.

Penn began his career working in the mining, materials, and civil construction industries along the Central Coast of California but moved back to his native Seattle to pursue development and structural construction. He has spent the last 15 years in various roles working for national developers throughout the Puget Sound and Portland. His construction project management experience spans a wide variety of product types including hotel, large scale mixed-use, multi-family residential and custom homes.

What You'll Learn:

What You’ll Learn:

  • Explore how each asset class in Seattle, including residential, retail, industrial, and office, has evolved in response to changing market dynamics and demand shifts.

  • Identify which specific markets within Seattle have experienced increased demand for new products, such as mixed-use complexes and TODs, and analyze the factors driving this demand.

  • Understand the diverse financing models Seattle's CRE leaders utilize to navigate market fluctuations and ensure project success.

  • Explore emerging construction trends and alternative site selection strategies to mitigate risks and drive projects forward despite market volatility.

  • Gain insights into the innovative approaches behind mixed-use activations and transit-oriented developments transforming Seattle's urban fabric.

  • Learn from top CEOs about the demographic shifts impacting Seattle's real estate market and strategies for adapting to evolving trends.

  • Explore insights into the future of office spaces in Seattle, including back-to-office trends and the city's overall economic rebound trajectory.

Major Projects Our Speaker will Discuss:

  • Avalon Bothell Commons, a stunning 23-acre development by AvalonBay Communities, will feature 800 luxury units and 8,000 sq. ft. of retail, opening this September in Bothell

  • Solera, a mixed-use master-planned community with approximately 37,000 sq. ft. of commercial space, 590 rental apartments, and as many as 96 attached townhomes on more than 10 acres

  • 900 Rainier, a vibrant, 40,000 SF mixed-use development featuring a 400-unit, mixed-income apartment community at the north end of the Rainier Valley.

How You’ll Do More Business: Join us as we delve into Seattle's investment and development landscape, examining its resilience amidst recent challenges. Discover how Seattle's top projects are shaping the surrounding neighborhoods and the community. Explore the revitalization efforts in downtown, and analyze how leading real estate professionals penciling projects in today's volatile market conditions.

Who You’ll Meet During Networking: Owners, developers, investors, brokers, city and government officials, business consultants, architects, engineers, lawyers, accountants, and bankers.

Why You Should Attend This Session: Bisnow events bring together the biggest power players in the industry to help you identify opportunities, build your network, and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than we do.

For questions, recommendations, comments, or press inquiries please email our event producer, Bora Altunay, at bora.altunay@bisnow.com. To request disability-related accommodations, please contact rachel.sundin@bisnow.com no later than seven business days prior to the event.

Major Projects Our Speaker will Discuss

  • Avalon Bothell Commons, a stunning 23-acre development by AvalonBay Communities, will feature 800 luxury units and 8,000 sq. ft. of retail, opening this September in Bothell

  • Redmond Town Center, formerly Redmond Square, will feature 623 luxury units and 25,000 sq. ft. of retail, transforming a former shopping center, and is developed by Legacy Partners and Lionstone Investments.

Venue

Chapter Building I
4530 12th Ave NE
Seattle, WA 98105

Floor: 7th floor


On site parking with staff to assist. Parking will be at a discounted rate of $7 + taxes. Overflow parking will be available across the street if necessary

Get Directions

Agenda

Time Activity
3:00 PM
4:05 PM
Breakfast & Networking
4:00 PM
4:05 PM
Remarks from Chapter Building's Ownership
4:05 PM
4:10 PM
Opening Remarks
4:10 PM
4:55 PM
Navigating Project Success Amidst Market Volatility

From Entitlement and Financing Models to Construction Trends, and Site Selection Alternatives, How are Seattle's CRE Leaders Driving Projects to Completion?

4:55 PM
5:15 PM
Case Study: Waterfront Revitalization Coming to Fruition

From Large Civic Projects and the New Overlook Walk to Cultivating Culture and Energy in the Heart of Seattle

5:15 PM
5:35 PM
Networking Break
5:35 PM
6:20 PM
Transformative Developments: Projects That Are Reshaping the City’s Future

From Mixed-Use Activations and Luxury Residential to Retail Revitalization and Gentrification, Discover the Landmark Projects Shaping the Emerald City

6:20 PM
7:05 PM
Seattle's Next Chapter: State of the Market Insights

Seattle’s Prominent CRE Leaders Discuss Evolving Market Dynamics, Downtown Activations, Back-to-Office Trends, and the City’s Rebound

7:05 PM
7:35 PM
Closing Networking

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