Investment management advisor, BentallGreenOak, has selected Kidder Mathews to manage a 13 building industrial portfolio consisting of a combined 2,917,000 square feet in Portland, Oregon. Kidder Mathews senior property manager, Tara Platt, will lead the property management team for this portfolio.
The assets are part of the five-building, 2,082,000 square foot Rivergate Corporate Center I-IV at 14005 – 15750 N. Lombard Street and the eight-building, 835,000 square foot Alderwood Corporate Center I-III at 8530 – 8934 N.E. Alderwood Road.
“At close to three million square feet, this is a significant portfolio size from one client in the Portland region,” said Platt.
Steven Klein, executive vice president and managing director of Kidder Mathews’ Portland office, and Peter Stalick, a senior vice president with Kidder Mathews, have been the leasing agents on the Alderwood and Rivergate II projects for the last 11 years. Klein was involved in the original development back in 1996-1997.
“Besides the exceptional portfolio size, high-profile client, and unique assembly of highly sought after industrial product, this assignment puts Kidder Mathews on the top of the list as the firm with the highest square footage under management in the Portland Metro area, 12,500,000 square feet,” said Jessica Gies who leads Kidder Mathews Property Management Services in Portland.
“This is an exciting time to own and manage industrial assets, and Kidder Mathews is honored to partner with BentallGreenOak and be an extension of their mission to build value for their clients and tenants,” said Platt.
About BentallGreenOak |
BentallGreenOak is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services. BentallGreenOak serves the interests of more than 750 institutional clients with approximately $46 billion USD of assets under management (pro forma as of March 31, 2019) and expertise in the asset management of office, retail, industrial and multi-residential property across the globe. BentallGreenOak has offices in 22 cities across nine countries and three continents with deep, local knowledge, experience, and extensive networks in the regions where we invest and manage real estate assets on behalf of our clients. BentallGreenOak is a part of SLC Management, which is the institutional alternatives asset management business of Sun Life.
BentallGreenOak includes BentallGreenOak (Canada) Limited Partnership, BentallGreenOak (U.S.) Limited Partnership and the real estate and commercial mortgage investment groups of certain of their affiliates, all of which comprise a team of real estate professionals spanning multiple legal entities. The assets under management shown above include real estate equity and mortgage investments of the companies within BentallGreenOak.
For more information, please visit bentallgreenoak.com.
About Kidder Mathews
Kidder Mathews is the largest independently owned commercial real estate firm on the West Coast, with 800 real estate professionals and staff in 22 offices in Washington, Oregon, California, Nevada, and Arizona. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, project & construction management, and debt & equity finance services for all property types. The firm performs $9 billion in transactions, manages over 55 million square feet of space, and conducts over 1,600 appraisals annually.
For more information, visit kidder.com.