NAI Puget Sound Properties (HQ)
600 108th Avenue NE
Suite 340

Bellevue, Washington 98004 United States
t+1 425 586 5610 m12063103841 f+1 425 455 9138
Jeff
Forsberg
Principal

Specialties:  Industrial, Investment

Scope of Service Experience

Jeff has been in the commercial real estate industry since 1994, specializing in industrial sales and leasing. During this time, Jeff has gained a wide range of real estate experience in coordinating complicated tenant relocations, buying and selling properties, and coordinating build-to-suit projects.

Background & Experience

Jeff has been in the commercial real estate industry since 1994, specializing in industrial sales and leasing. During this time, Jeff has gained a wide range of real estate experience in coordinating complicated tenant relocations, buying and selling properties, and coordinating build-to-suit projects. Since 1996, Jeff has successfully completed over 750 transactions totaling more than 24 million square feet and representing over $750 million in transaction value. Over the last six years, he has averaged 1.6 million square feet of lease/sale transactions with value in excess of $94 million. In 2005, Jeff was nominated as one of three finalists for the SIOR Industrial Broker of the Year for the State of Washington. This is widely regarded as the highest professional recognition possible for a commercial real estate broker. Jeff resides in Bellevue with his wife and three children.

Education

Jeff received his B.A. in Business Administration from the University of Washington and his law degree from Willamette University College of Law.

Professional Associations & Designations

CBA - Commercial Brokers Association WSCAR - Washington State Commercial Association of Realtors

Transaction History

Jeff has worked with national, regional and local clients, including Smurfit Stone Containers, Formica, Tim's Cascade Chips, AMB, Benaroya Capital, REI and RREEF. Significant transactions include: Sale of O'Brien School Business Park (182,000 sf) to Cabot for $9,025,000. Development, lease up and sale of Oakesdale Commerce Center (326,000 sf) for over $36,000,000. Representation of JC Wright on 100,000 sf lease transaction. Representation of Ammex on 130,000 sf transation. Representation of Pliant on 66,000 sf lease transaction. Representation of Pacific Coast Steel on 109,500 sf sale valued at $10,200,000. Sale of Magnolia Hi-Fi Building (112,000 sf) for $11,350,000. Sale of Microchip Facility (710,000 sf) to Benaroya for $30,000,000.

Strategic Clients

AMB Alan Ritchey Benaroya Capital Cabot Dividend Capital Trust GTS IKON Office Supply JC Wright Pacific Coast Steel Pliant Corporation Principal Financial Group Recreational Equipment Inc. (REI) RREEF Smurfit Stone Containers Tim's Cascade Chips/Birds Eye Foods Tri State Distributors