Christenson, with its base of operations here in Portland andlots of work in Seattle and Orange County, CA, plans to continueusing the Philips name and the company's 60 employees to expand itspresence in the Eugene area. Former owner Nathan Philips will begeneral manager of the new Eugene division.

Financial terms of the deal are not being disclosed. Christensonspokesman Tom Wright tells GolbeSt. the acquisition is part of thenow 770-person company's overall plan to expand its presence in theNorthwest. As part of that plan, the company opened an office inSeattle just six week ago. The company's gross revenues topped $100million last year, Wright says.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.