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 | Bruce L. Rawlinson is a proven commercial property specialist capable in leasing, sales and financing transactions. Bruce’s commercial real estate experience includes sophisticated investment real estate sales, corporate property acquisitions and financing as well as office, retail and industrial leasing. He is experienced in representing institutional and private property owners, investors, and lenders.
Some of the diverse list of his clients includes CIGNA, MIG Realty Advisors, Goodman Financial Services, Data I/O Corporation, McDonnell Douglas Finance Corporation, Spieker Properties (since merged into Equity Office Properties Trust), Equitable Real Estate Investment Management, Inc. (since merged), Martin Selig Real Estate, Alaska Airlines and Denny’s Restaurants. Prior to joining Windermere, Bruce also served for nine years in Cushman & Wakefield’s Financial Services Group and six years with Equitable Real Estate Investment Management responsible for underwriting, negotiating, and closing transactions for the purchase and financing of institutional quality real estate. Mr. Rawlinson’s involvement with significant transactions includes: |
| General Commercial Property Sales | $8,200,000 | Sale of the CenterPointe Business Park, Kent, Washington. Represented individual California based investor in a high leverage sale to a Hawaiian based individual investor. | $7,100,000 | Sale of the 136,000 SF Colman Building, Seattle, Washington. Represented McDonnell Douglas Finance Corporation in sale to Goodman Financial Services. | $550,000 | Represented JW Teltronics, Inc. in purchase of a near one ac. professional office zone site with 3200 SF house in Bothell, WA for conversion to business use. | $1,489,000 | Land , Woodinville,WA: 1.77 acres office zoned property. Represent private property owner in sale to a developer. | |
| | Apartment Property Sales | $2,925,000 | Sale of 21 unit University Arms apartments, Seattle, WA (Wallingford). Represented private investor in sale to corporate investor. | $1,300,000 | Sale of 24 unit Castle Ridge apartments, Lynnwood, WA. Represented private owner in sale to a charitable organization for conversion to a home for displaced women. | $4,470,000 | Sale of 154 unit Angle Lake Villa apartments, Sea-Tac, WA. Represented Alaska Airlines in the disposal of this surplus property. | $8,750,000 | Sale of 249 unit Chateau Rainier apartments, Fife, WA. Represented the then Seafirst Bank in disposition of REO property to Pierce County Housing Authority. | $15,750,000 | Sale of the 381 units Huntington Park apartments, Everett, Washington. Assisted brokerage sales team in background research for marketing materials. | $16,400,000 | Acquisition of 380 unit Holly Ridge and Lora Lake apartment project, Sea-Tac, Washington on behalf of employer, Equitable Real Estate Investment Trust. | |
| | Commercial Leases | $10,000,000 | Mid-Com Communications, Inc. office space lease, 76,000 SF, Seattle, Washington. Assisted with representation of tenant in structuring the lease. | $2,450,000 | Denny’s Restaurant retail lease in downtown Woodinville, WA. Represented the tenant in negotiating the conversion of a former Godfather’s Pizza restaurant at the Woodinville Plaza shopping center. | $2,120,000 | Denny’s Restaurant lease in Seattle, WA. Represented tenant in renegotiation of renewal lease, including removing corporate guarantees. | $173,000 | Cascade Controls industrial lease in Evergreen Building,Woodinville, WA. Represented tenant. | $566,000 | Physician office space lease in Woodinville Commerce Center, Woodinville, WA. Represented tenant for occupancy in newly constructed office building. | $900,000 | Leverence, Inc. high technology office space lease in the Wright Building, Bothell, WA. Represented tenant | $128,000 | Chiropractic retail space lease in Totem Lake, Kirkland, WA. Represented tenant. | $210,000 | Lavalle Printing Services industrial space lease in the K&K Business Park, Woodinville, WA. Represented tenant. | $59,000 | Oculus, Inc. industrial business park lease in Alderwood Business Center, Lynnwood, WA. Represented tenant. | | | | Technology Building Sales | $13,800,000 | Sale of the 96,000 SF Data I/O Corporation high technology/headquarters facility in Redmond, together with 79 acres of additional land for development to the Carr-America Corporation Realty Corporation. | $8,275,000 | Sale of the 75,751 SF North Creek Tech Center Building Nos. 3 & 4, Bothell, WA. Represented CIGNA in the REO disposition to the TRW Pension Trust. | $11,275,000 | Re-Sale of the North Creek Tech Center Building Nos. 3 & 4, Bothell, WA. Represented owner, TRW Pension Trust in sale after reinvestment and lease up. | $22,600,000 | Sale of Quadrant Corporate Center, a 205,000 SF high technology business park located in the high-technology Corridor at Bothell, Washington. Represented MIG Realty Advisors in sale to Spieker Properties REIT. | $11,300,000 | Represented Eldec Corporation in sale of a portion of its campus at Canyon Park, together with additional land, including an 86,000 SF two story high technology/office facility. | |
| | Financing Transactions | $24,000,000 | Financing Elliott Bay Office Park, a 230,000 SF CBD office building, Seattle, Washington. Represented Martin Selig in loan negotiations with Equitable Real Estate. | $21,250,000 | Refinancing and loan restructuring of Elliott Bay Office Park office building. | $5,500,000 | Acquisition financing, Wild Waves theme park, Federal Way, Washington. Represented borrow in obtaining funds from Benaroya Capital. |
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