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The 2013 BISNOW POWER 50: Part 4


the 2013


The Most Influential Players

In Seattle Commercial Real Estate

Some first principles: Our list is about people, not firms. Its asnapshot of the moment,not lifetime achievement. Its aboutbuzz, not objective metrics like dollars or square feet. Finally, we know it'sbrazenly subjectiveand slightly ridiculous, but we hope thereforeprovocativeand fun. And if you disagreewell, theres always next year.

31. Scott Wyatt, NBBJ. As if its not enough that he leads the 10 office 700 employee firm that just finished the 600k SF Gates Foundation HQ and is now doing Amazons 3.3mm SF HQ, hes also personally in charge of Googles new 1.1mm HQ building in Mountain View and Samsungs 1 mm HQ in San Jose.

32. Craig Wrench and Rick Anderson, Washington Real Estate Holdings. Biggest local mezz debt provider, investment manager for Washington State Investment Fund, has financed innumerable projects and acquisitions, a little quiet but involved in more financings than people realize.


33. Greg Smith, Urban Visions. As game changing viaduct project coming down road, doing his best to get things done in the stadium district like 1.5mm east tech campus on seven acres north of Safeco as infrastructure develops, would like to revitalize Pioneer Square, and now also looking at Second and Pike.


34. John Hempelmann, Cairncross Hempelmann; Jack McCullough, McCullough Hill; Melody McCutcheon, Hillis Clark. By common view the top trio of land use attorneys in Seattle, efficient on traditional real estate work, but most of all desired in unusual situations when brain surgeons are needed.


35. Dana Behar, CEO, HAL Real Estate. Best known for 7th and Madison Polyclinic deal, where they bought a building for 180 a foot, repositioned, and sold for $500; also doing Triton Towers near Boeing in Renton and Cinema Tower in Belltown.

36. Sally Clark, Richard Conlin, Sally Bagshaw, and Tim Burgess, City Council members. Creating one of the most progressive urban governments in the country by emphasizing quality development connected to transit. Above all, pushing the viaduct and tunnel changes and the upzone are creating the future.


37. Brian Fritz, Steve Wilson, Avalon Bay. One of the most active multifamily developers, which did Bellevue Towers a year ago, now under construction on a ton of apartments in the university district to take advantage of link light rail going from the airport through convention center tunnel.

38. Jeremy Fletcher, Beacon Capital. LA-based rep of top opportunity fund, not just acquiring assets from EOP after its sale to Blackstone like Columbia Center, but buying numerous other downtown and Bellevue assets, working them through the downturn, then selling opportunistically as the market has recovered.


39. Bradley Karvasek, Equity Residential. Running one of the biggest names in multifamily, its also one of the most active in Seattle, with 380 units under construction, 1,400 in planning, and another 400 recently purchased from Starwood Capital at Second and Pike.


40. Bart Brynestad, Panattoni. For eight years prior to 2009 he did 64 buildings and 7mm SF, then nothing during the recession, but now symbolizes how the industrial market has returned. Suddenly he has projects in Snoqualmie, Everett, Auburn, Sumner, South Seattle, and Kent Valley.