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Partial Client List Ackerley Communications Airborne Express The Benaroya Company Boeing Realty Corporation Collins Woerman Architects Costco Wholesale Corp. Garrigan Lyman Group General Electric Company Hearst Corporation The Home Depot Magnolia Hi-Fi McKinstry Mechanical Nitze-Stagen, Inc. Paccar Pacific Iron & Metal Ratelco Properties Corporation Romac Industries Schnitzer Northwest llc Sears, Roebuck & Co. Seattle Industrial Textiles Star Industries Todd Pacific Shipyards U.S. Postal Service Washington Holdings
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Rick
Osterhout
Senior Vice President
206.296.9600 /
ricko@gvakm.com
Education/Experience
B.A., Anthropology
University of Washington (1976)
M.H.A., School of Public Health &
Community Medicine
University of Washington (1978)
Career Highlights
Rick blends creative problem-solving abilities with advanced negotiating skills and 24 years of deal-making expertise to achieve the best results for his clients.
He has worked on many complex commercial real estate projects involving some of the region’s most noteworthy properties including the Seattle Monorail Project Portfolio, Starbuck’s Center, the former Rainier Brewery and Safeco Field.
He has expertise in acquisition, disposition, and build-to-suit assignments; redevelopment and adaptive re-use projects; company relocations, consolidations and expansions; and strategic facilities consulting.
Representative Transactions
Seattle Monorail Project – 33 properties, $71 Million Sale, 18 Transactions
Spokane Street Distribution Center - $34.5 Million Investment Sale
Paccar/Kenworth Truck Plant – 24.6-acre Investment Sale
Seattle Distribution Center – 176,591 SF Investment Sale
Collins Woerman – 22,000 SF Office Relocation
SODO/Starbucks Center – 1,800,000 SF Redevelopment Project
US Postal Service – 3,000,000 SF Multi-Market Adaptive Re-Use Projects
Costco – 150,000 SF Build-to-Suit Project
Boeing/Safeway – 100-acre Redevelopment Project
Airborne Express – 20 National Acquisition Assignments
Rainier Brewery – 509,000 SF Sale and Resale of 270,000 SF & 239,000 SF
KAO Infosystems, Bothell – 270,000 SF Sale to Romac Industries
Ackerley Communications - Sale of 12.56-acres for Safeco Field
Affiliations and Awards
President, University of Washington Alumni Association, 2008-2009
Broker of the Year, 2004 – Society of Industrial and Office Realtors
Rick has been a speaker for the Washington State Bar Association, Law Seminars International, and NAIOP. In addition, he is often quoted in the media on commercial real estate matters, including the Puget Sound Business Journal, the Seattle Post Intelligencer, The Seattle Times, the Daily Journal of Commerce, Continental Airlines Magazine, and King 5 Television.