Kidder Mathews has relocated its offices at Two Union in downtown Seattle, where the company has been headquartered for nearly 30 years. The new space in the Class A office tower, at 601 Union Street, Suite 2700, is complete with modern renovations and custom buildout by JPC Architects to support ongoing growth.
“Our 10-year renewal in downtown Seattle confirms our commitment to expanding our presence here and throughout the Western U.S.,” said Chairman and CEO Bill Frame, SIOR, CCIM. “We are bolstering our investments in infrastructure, technology, research, and marketing to enhance our already strong platform.”
“We are doubling down on Seattle as our headquarters,” said President and COO Brian Hatcher. “The region remains an economic powerhouse and home to some of the most prolific businesses in the world. Especially with more people returning to the office, we look forward to being at the center of that energy.”
The new headquarters opens during a time of momentous growth at Kidder Mathews. In June, the company expanded into Boise — adding a sixth state to its market coverage, including Washington, Oregon, California, Idaho, Nevada, and Arizona.
Despite the current challenges impacting commercial real estate, Kidder Mathews has been increasing its bench of top, tenured talent — adding nearly 30 new brokers in the Pacific Northwest since January 2023. In June, the firm welcomed Dan Dahl and David Gurry as executive vice presidents in Seattle. Before joining the company, they were a top-producing team at Colliers and CBRE, representing office landlords and tenants in downtown and facilitating some of the area’s largest and most complex transactions.
According to Frame, Kidder Mathews’ appeal and resilience in uncertain times are largely due to its unique structure as a fully independent firm that is owned by its professionals.
“We are in a more nimble position to serve the needs of our brokers and clients than many of our publicly held competitors,” he said. “While other companies continue to reduce support, commissions, and stock dividends, we are maintaining 90/10 commission splits and paying dividends to our Kidder Mathews shareholders.”
In addition to an uptick in new brokers, Kidder Mathews is seeing record numbers in its Asset Services group. The division marked its highest revenue to date in the last year and now manages more than 55 million square feet of space across nearly 800 assets, serving 260+ clients.
Kidder Mathews’ Valuation Advisory is also seeing substantial growth, with an over 50% increase in assignments over the past six years. The division continues to attract the industry’s highest-quality professionals, with more than half of its appraisers holding the prestigious MAI designation from the Appraisal Institute. With this, the firm has more professionals with the designation than any other independent commercial real estate firm in the Western U.S.
About Kidder Mathews
Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., with over 900 professionals in 19 offices across Washington, Oregon, California, Idaho, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages over $10 billion in transaction volume, manages more than 55 million square feet of space, and conducts 2,600 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.
