Kidder Mathews Asset Services has been selected to manage a portfolio of eight industrial assets totaling 984,218 square feet across Greater Seattle. Owned by Cabot Properties — a prominent private equity firm specializing in industrial real estate — the portfolio represents a key assignment in highly sought-after industrial submarkets:
- 4156 B Place NW, Auburn, WA – 17,630 square feet
- 875 A Street, Auburn, WA – 31,210 square feet
- 25811 74th Ave S, Kent, WA – 32,064 square feet
- 4620 B Street NW, Auburn, WA – 65,555 square feet
- 2606 16th St NW, Puyallup, WA – 170,592 square feet
- 4417 192nd East, Tacoma, WA – 281,181 square feet
- 3941 and 3703 I Street, Auburn, WA –385,986 square feet
Characterized by its quality assets and scale, the portfolio represents a significant market opportunity for Kidder Mathews. Large portfolios nearing one million square feet rarely come to market for third-party management, making this assignment a testament to the longstanding partnership between Cabot Properties and Kidder Mathews.
“Kidder Mathews has built a strong relationship with Cabot Properties through our brokerage division,” said Chairman and CEO Bill Frame, SIOR, CCIM. “Expanding our collaboration to include property management highlights the synergy between our divisions and underscores the seamless integration that sets us apart in the market.”
“Seattle is a critical domestic market for Cabot, and we’re pleased to expand upon our strong partnerships in the region,” said Elizabeth Young, Director, Property Management with Cabot Properties. “We’re excited to have Kidder Mathews on board and look forward to seeing their regional expertise in practice.”
Senior Vice President and Market Leader Shelley Ryan will oversee the portfolio with Senior Property Manager Lorna Faxon, ensuring best-in-class service for both the ownership group and tenants.
“Our team is excited to bring a proactive and collaborative approach to managing this outstanding portfolio,” said Asset Services President Erin French, CPM®, CCIM. “We’re focused on optimizing property operations and ensuring an exceptional experience for both ownership and tenants.”
This assignment reflects Kidder Mathews’ growing footprint in the market and its reputation for managing high-profile properties across the Western U.S. — including Starbucks’ Seattle headquarters, which earned the 2024 Pacific Northwest Regional BOMA TOBY® (The Outstanding Building of the Year) Award. Kidder Mathews Asset Services marked its highest revenue to date in the last year and now manages more than 57 million square feet of space across 800 assets, serving over 260 clients.
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 57 million square feet of space, and conducts 2,600 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.
