matt mclennan headshot
Tacoma, WA

Matt McLennan, SIOR, CCIM

Executive Vice President, Shareholder
T 253.722.1458 C 425.417.9566 matt.mclennan@kidder.com
1201 Pacific Ave, Suite 1400
Tacoma, WA 98402
vCard Bio

Matt McLennan specializes in industrial leasing and sales in South King and Pierce counties. Since joining Kidder Mathews, Matt has facilitated over 3.0 million square feet of sale and lease transactions, with total consideration exceeding $300 million. He received Kidder Mathews’ “Big Hitter” award in 2021, 2022 and 2023, a coveted recognition given to the company’s top annual producers. Matt excels in adding value and negotiating on his clients’ behalf. Matt’s tireless work ethic and positive attitude allow him to maximize returns in all transactions in which he participates. His ability to quickly build relationships enables him to move at a fast pace, ultimately savings his clients’ time and money.

Before starting his brokerage career with Kidder Mathews, Matt spent four years in various sales and upper management roles in the wine and spirits industry for the E&J Gallo Winery and Southern Glazer’s Wine and Spirits. In his final position, he was responsible for over 100 sales representatives across the state of Washington while directly managing the internal promotion of a 150+ brand portfolio. He was a top performer in all his roles and was often commended for his critical thinking skills and ability to close the sale.

Awards & Recognition

2023, 2022
Top Broker Award


Industrial Influencer Award Winner


2023, 2022, 2021
Top Producer – PNW

Kidder Mathews

Next Generation Award Winner


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Available Properties


Bachelor of Science in marketing, University of Arizona, Tucson, Arizona.

Matt graduated from the Eller College of Management at the University of Arizona in Tucson, Arizona. Matt was involved in several organizations on campus and held leadership positions that include president of the Order of Omega Greek Leadership, vice president of the Bobcats Senior Honorary, recruitment coordinator for the Sigma Chi Fraternity, and 4-time winner of the Arizona High Regents Honor.

Community Involvement

MEMBER SIOR (Society of Industrial & Office Realtors)
MEMBER CCIM (Certified Commercial Investment Member)
MEMBER IAMC (Industrial Asset Management Council)
BOARD MEMBER Economic Development Board Tacoma-Pierce County
MEMBER WSCAR (Washington State Commercial Association of Realtors)
MEMBER CBA (Commercial Brokers Association)
MEMBER Fircrest Golf Club

Recent Transactions

$41M 202,000 SF disposition on behalf of Peak Design in Bonney Lake, WA
$13.75M 68,911 SF disposition on behalf of MCA Realty in Federal Way, WA
$13M 6.7-acre disposition on behalf of a private seller in Sumner, WA
$22M 9-acre disposition and acquisition on behalf of Utility Trailer Sales of WA and Fortress Investment in Auburn, WA
$10M 4.4-acre disposition and acquisition on behalf of Private Seller and Lift Partners in Kent, WA
$5.75M 41,142 SF disposition on behalf of Quality Stamping in Sumner, WA
$5.25M 28,000 SF disposition on behalf of Cascade Gasket in Kent, WA
$5M in purchases and dispositions on behalf of Artech in Portland, OR
$3.55M 25-acre acquisition on behalf of WPT REIT
$3.45M 16,840 SF disposition on behalf of Tabs Plus in Auburn, WA

$3.2M 13,162 Sf acquisition on behalf of 3555 Erickson LLC in Gig Harbor, WA
$3M 17,140 SF disposition on behalf of Pacific Wire in Auburn, WA
1.0M+ SF in leasing on behalf of Peak Design in Bonney Lake, WA
354K SF in leasing on behalf of Provisioners in Kent, WA
251K SF in leasing on behalf of Curt Manufacturing in Fife, WA
202K SF in leasing on behalf of American Realty Advisors in Sumner, WA
85K SF in leasing on behalf of Diono in Sumner, WA
65K SF in leasing on behalf of TA Realty lease in Puyallup, WA
63K SF in leasing on behalf of Winebow in Kent, WA
61K SF in leasing on behalf of Stratus Surfaces in Kent, WA


David Witham

I’ve really enjoyed working with Matt. He and his team provide very thorough and informative market research reports. He is a true expert in his field. Anyone fortunate enough to work with him will be sure to get Class-A treatment and results.

Wayne Belcher

It is with pleasure that I respond to the request for a letter of reference for inclusion in Matt McLennan's personal résumé. Matt McLennan is a professional in property management of commercial, institutional and industrial properties. Having had the opportunity to meet with Matt personally, I can attest that he is a highly energized, enthusiastic, and confident professional with vast experience. Matt is also very polite and attentive to the needs of those he represents. I have appreciated his patience and the time spent to educate his clients for which is an immense service for those looking for the right property to represent their business.

Michael Mayer

Matt was a pleasure to with. He helped us find land for our new warehouse and provided invaluable feedback during the design process to help us build a space that is functional, rentable and, ultimately, profitable.

Kathy Scanlan

Matt was recommended to me by a fellow BNI Chapter Member. I had a good experience in working with Matt locating an available warehouse and office space to fit my criteria. Which wasn't easy! He helped negotiate aspects of the lease making it a seamless process to make the move. Matt is easy to work with, responsive and professional. I highly recommend Matt.

Andrew Lear

Matt understands our local market really well and is able to articulate the both the strategic and tactical aspects of the deals we are working on. He has helped on both the buy and sell-side of our businesses and has been really responsive to our requests.

Select Client List

  • A-1 Distribution
  • All Seasons Transport
  • American Realty Advisors
  • Bridge Industrial
  • Great Day Improvements
  • Dickson Company
  • Gene’s Towing
  • Lift Partners
  • Muckleshoot Indian Tribe
  • North Pacific Industries
  • Panattoni Development
  • Peak Design
  • Prologis
  • Provisioners
  • Seattle Safety

Industrial Edge Newsletter

Market Highlights – September 2023
In the whimsical world of Puget Sound industrial real estate, the past couple months have been quite a rollercoaster ride. Leasing activity is acting like it’s auditioning for a slow-motion movie, with vacancies and absorption numbers nodding as the plot drags on. We’re currently sitting on two consecutive quarters of negative absorption with Q3 numbers right around the corner. But wait, here’s the twist – tenants are still lurking in the shadows, ready to pounce on that perfect space when the stars align.

Despite this topsy-turvy performance, rental rates continue to rise like the protagonist in a feel-good underdog story. They’re now strutting around confidently at $1.19 NNN, per sq. ft., per month (general average across the region), giving a wink and a nod to the audience. But is everyone happy with this? Landlords? Absolutely. Tenants? Not so much. Is there any rent relief in sight? Will rates ever flatten or go down? It’s a question I receive daily, and admittedly, the projection is foggy…

The hero of this story is the development pipeline, bravely thriving against the odds. It’s here to save the day, delivering new spaces while interest rates try to play the villain, causing delays and suspense in the construction world.

And if all of this sounds like a convoluted plot, don’t worry; you’re not alone in feeling a bit puzzled. Welcome to the Puget Sound industrial real estate market, where every quarter is a new episode of “Game of Pallets”. BUT we’re heading into the busiest time of the year – the period between Labor Day and Thanksgiving. I believe it’s safe to say, the plot will thicken. I remain optimistic!

For archived reports, please contact Matt.

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