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James E. Klinger

Senior Vice President
Investment Services

Portrait

Career Summary

Specializing in commercial real estate in the greater Seattle/Bellevue area, Mr. Klinger has assembled biomedical, office, industrial, greenbelt, and multi-family sites, identified and sold change of use, rehabilitation, user, and investment properties. Acting as broker for the Koll Company, he was instrumental in assembling a 22-parcel, 15-acre site on the southeast slope of Lake Union for the Fred Hutchinson Cancer Research Center. He assisted the Committee for the Seattle Commons to develop the database and acquisition strategies, and then implemented the acquisition of 11 parcels of proposed parkland, lease their vacancies, and provide management services. The Commons portfolio was deeded to Paul Allen's City Investors. Mr. Klinger acted as acquisition agent to add 59 additional properties to his $261,000,000 land assembly.

Recognitions & Awards

  • 2001, 2000, 1999 Top producer, Kidder Mathews & Segner
  • 2000 Industrial Broker of Year, SIOR
  • 1998 Top 8 Producer, Kidder Mathews & Segner
  • 1994, 1989 Top 10 Producer, Cushman & Wakefield of Washington, Inc.
  • 1993, Industrial Broker of Year, SIOR
  • 1974, BBA University of Iowa

Representative Transactions

2014: Sales of $29,890,000 - three development sites acquired by Equiy Residential for $10,290,000, Continental Properties for $16,000,000 and Metropolitan Homes for $3,600,000.
   
2013: Sales of over $26,000,000 including a 60,000 SF site for $12,500,000, a 30,000 SF site for $7,700,000, a 27,000 SF site for $1,800,000 and a 36,000 SF site for $4,500,000. Multi-family site sales are also pending.
   
2012: Alexandria Real Estate Equities listed and sold 801 Dexter Avenue N, a 31,936 SF site to Holland Partners for $6,500,000, as well as 1201-1209 Mercer St 21,600 SF for $5,600,000, or $259.26 per SF.
  Cascade Multi-Family site a 43,200 sf site was listed and sold to Equity Residential for $12,150,000 or $281 psf of land zoned SMR55'/75'. Cascade II (40,510 SF of land) sold for $11,450,000, or $283 per SF.
   
2011: Team Klinger listed and sold Taco Time Bellevue to a Chinese Development Company for $7,050,000 zoned DNTN/MU.
  Weidner Investments acquired 2 acres in Bothell for $2,600,000.
  Gerding Edlen acquired 412 Broadway site for $5,600,000 in Seattle.
  Goodman Real Estate recently sold 51 University, their 90,920 SF waterfront building to Equity Residential for $11,750,000.
   
2010: Columbia West Properties sold their corporate headquarters to Henbarts, LLC.
  Low Income Housing Institute acquired for $1,700,000; a 27,000 SF site.
   
2009: Washington State Department of Transportation. WSDOT paid $4,350,000 for 3.28 acres in the Hwy 167 Corridor, Jewish Family Services concluded their facility consultation.
   
2008: Columbia West Properties sales include; Terminal Sales Building for $16,330,000, Pacific Plaza for $47,000,000, and Columbia Business Park for $14,500,000.
  1001 Broadway, a 71,000 SF medical office building was listed and sold for $21,000,000. 101 Taylor, an 85' height zoned site sold for $344/SF.
   
2007: Hart Crowser Properties listed and sold their 50,000 SF Lake Union view office for $15,400,000. Bellevue Galleria was acquired for $54,300,000. Bellevue Cadillac was acquired by The Hanover Group for $39,300,000.
   
2006: Valley Electric sold for $8,000,000 on an Absolute Net 15 year lease.
  Alexandria (REIT) acquired a 24,000 SF biotech site for $5,000,000.
  Lionstone Group acquired 1001 Broadway for $13,000,000.
  Capstone NW acquired 85,910 square feet of land at 901 - 1101 Dexter Avenue for $12,678,420.
   
2005: Bellevue's Foreman family acquired the HarborMaster Marina for $18,500,000.
  The Benaroya Company sold their 8th & Olive high rise apartment site for $15,000,000.
   
2004 BRE, acquired the 51,840 SF Teamster's site on Denny Way for $8,100,000 ($160 psf).
  The 48,615 SF former AAA Building at 330 6th Ave N was acquired by Paul Allen's Experience Music Project for $6,900,000.
   
2003: Three parcels totaling 75,371 SF in the Mercer corridor were acquired by Paul Allen's City Investors for $10,928,795.
  Perfect Fit McDonald sold their 29,000 SF warehouse to Lake Union Florist for $3,000,000.
   
2002: Eight parcels totaling 198,722 SF of land acquired by City Investors for $20,185,000.
  Sold Samis Land Co. site of 29,722 SF on Aurora Ave N for $1,431,000.
   
2001: The 110,000 SF Blue Flame Office Building was acquired for $25,000,000 by City Investors from Puget Sound Energy.
  CalWest/RREEF sold the 340,125 SF Cascade Commerce Park for $20,600,000 to the Owen Strecker family.
   
2000: Sales and leases of $64,000,000 included the sale of the Bellevue Budget Rent-A-Car site to Mike Mastro, the 2.67 acre $15,000,000 sale from T&A Supply to the Casey Foundation, and a lease of 46,000 SF by The Experience Music Project from Martin Selig.
See all properties listed by Jim
T
425.450.1122
F
425.451.3058

500 108th Avenue NE, Ste 2400
Bellevue, WA 98004

Select Client List

  • AAA Washington
  • Alexandria ARE
  • BRE
  • City Investors, LLC
  • Columbia West Properties
  • Committee for the Seattle Commons
  • Equity Real Estate/REIT
  • Fred Hutchinson Cancer Research Center
  • Gerdling Edlen
  • Goodman Real Estate
  • Hart Crowser Properties
  • Jewish Family Services
  • KeyBank
  • Koll Company
  • Lionstone Group
  • McFarlane Partners
  • Mutual Materials
  • Olympic Boat Centers
  • Principal Real Estate Investors
  • Rainier Bank
  • Resilient Floor Covering Pension
  • Rubin Pachulski Properties
  • Samis Land Company
  • Seattle First National Bank
  • The Seattle Times
  • Springs Printing
  • T&A Supply
  • Taco Time
  • Mr. Harold Tomlinson
  • Touchstone Corporation
  • Trammell Crow Company
  • Union Mutual Life Insurance Company
  • United Cerebral Palsy of King & Snohomish Counties
  • Valencia Capital
  • Vulcan Northwest