Middle Market Digest: North West

Below is GlobeSt.com’s bi-weekly update on the middle markets throughout the North West region. Here’s a look at the latest news, announcements and deals that you may have missed from areas including: Alaska, Washington, Oregon, Idaho, and Northern California.

NEWS & NOTABLES 

SAN FRANCISCO— CBRE Group Inc. has added five new professionals and two support team members to its expanding Bay Area Retail Services Group. Joining the group are Jessica Birmingham, First Vice President, Drew Greenspan, Vice President, Meaghan Haley, Associate Broker, Annie Prupas, First Vice President, and Katie Singer, First Vice President along with Gary Palubicki, Senior GIS Specialist and Andrea Chavez, Client Services Coordinator. The team expansion news follows the December arrival of Matt Kircher, a 27-year veteran of retail real estate, who rejoined CBRE as Managing Director and Executive Vice President to lead its Bay Area Retail Leasing business. He came to CBRE via Cushman & Wakefield (formerly Terranomics), where he led more than 30 retail professionals in six Northern California offices for the past 20 years. DEALTRACKER

PORTLAND—Holliday Fenoglio Fowler LP has closed the $23.5-million sale of and arranged the financing for Gresham Station Medical Plaza, a 100,419-square-foot, four-building medical office complex in the suburban Portland community of Gresham, OR. HFF marketed the property on behalf of the seller, Westlake Realty Group Inc., and procured the buyer, Stockdale Capital Partners. Additionally, HFF worked on behalf of the new owner to secure the acquisition loan.  HFF handled the sale of the adjacent Gresham Station Shopping Center on behalf of Westlake in 2016. Gresham Station Medical Plaza is located at 831 NW Council Drive, 862-894 NW Burnside Drive and 1851-1867 NW Civic Drive, near the Adventist Medical Center. The HFF investment sales team representing the seller was led by senior managing director Nick Kucha, managing director Evan Kovac, associate Andrew Milne and analyst Trent Jemmett.