RICHARD PETERSON

Executive Managing Director | Principal
Lee & Associates Pacific Northwest - Seattle

Specializing in Development, Industrial, & Office

BROKER NAME

Richard Peterson
Executive Managing Director | Principal

D: 206.773.2677
C: 425.260.4439
rpeterson@lee-associates.com

Biography

Specializing in Development, Industrial, & Office

Richard has 41 years of experience in the commercial real estate business, most recently co-founding Lee & Associates Seattle office.  Lee & Associates is the largest broker-owned commercial real estate company in the country, with 58 offices throughout the United States and Canada.  Richard began his career in 1978, at Kidder Mathews where he was the youngest principal and a top producer.  In 1995 Richard founded NAI Puget Sound Properties which he grew to 40 brokers across three offices before leaving to start a new brokerage company in Seattle.

Customers benefit from Richard’s experience and council in the areas of build-to-suits, leasing and sales negotiation, investment analysis, and project development. This well rounded background provides complete understanding of all sides of any transaction. Richard is a well known leader in the local industry for his creativity and ability to tackle difficult and complicated transactions.

Richard has completed over 170 building sales for over 6 million square feet ranging in value up to $47 Million. He has completed over 25 build-to-suit transactions totaling over 2 million square feet and has sold over 450 acres of land in approximately 50 transactions. He has completed hundreds of industrial and office lease transactions in excess of 10 million square feet and has represented corporate clients on a global basis.

Richard has been awarded CoStar Power Broker on several occasions and was awarded SIOR’s Broker of the Year for the State of Washington in 1989 and has been a finalist on several other occasions. He held the designation of SIOR for over 20 years, and served on the Board for the Commercial Brokers Association.

Notable Transactions

  1. TECT Aerospace - Lease / Option - 150,000 SF

  2. Jamco USA - Building Acquisition - 98,000 SF

  3. M Torres - Land Sale for New Building - 10 Acres

  4. CORT Event Rentals - 85,000 SF

  5. Achilles USA - Ground-Up Development - 150,000 SF

Professional Affiliations

  • Commercial Brokers Association (CBA) - Past President & Executive Committee Member

  • Washington State Commercial Association of Realtors (WSCAR)

  • Economic Alliance of Snohomish County - Industry & Resource Advisory Board

  • Society of Industrial & Office Realtors (SIOR) - Past member, held for 20 years

Education

  • B.S. in Building Construction Management - University of Washington