KM
Kidder MathewsIndustrial · Puget Sound
Real estate advisory for King County WTD
Kidder Mathews · Industrial — prepared for King County Wastewater Treatment Division

Tenant representation for the WTD capital program.

A dedicated Kidder Mathews team to source and negotiate the office, warehouse, and industrial-yard leases supporting the Elliott West and Mouth-of-Duwamish projects — at no cost to the County, with the market knowledge to move fast and the process discipline to clear Council.

2
Capital projects supported
SODO · Interbay
Target submarkets
$0
Cost to the County
55+ yrs
Kidder Mathews in the market
Our understanding of the assignment

What the County needs

The WTD capital program requires multiple leases — office, warehouse, and industrial outdoor storage — in the Duwamish and Interbay corridors to house teams, materials, and equipment through construction and commissioning. The County needs a single, accountable tenant-rep team to run every lease start to finish.

The requirement, as we read it

Role
The County's exclusive tenant representative (fiduciary)
Projects
Elliott West & Mouth-of-Duwamish CSO / treatment work
Space
~40,000 SF office · ~40,000 SF warehouse · industrial outdoor storage / laydown · ample parking
Submarkets
SODO / Duwamish & Interbay
Term
5–7 years across multiple leases
Horizon
Strategy fall 2026 → occupancy 2027–2028
Governance
King County Council approval

Why this is the right team

  • We already work these two corridors daily. SODO, the Duwamish, and Interbay industrial are the core of our practice — we know the owners, the availabilities, and the rents in real time.
  • We represent public agencies today. We currently represent South King Fire & Rescue on both sides of its real estate — a surplus-land disposition and a new-facility search — and work with City of Kent economic development. Public-agency process is what we do, not what we'd be learning on your assignment.
  • We are a known King County vendor. Kidder Mathews has held King County real-estate services contracts, so we already understand the County's process and standards.
  • One accountable team, at landlord expense. Senior brokers lead every lease; the County pays nothing.
How to use this document

Each tab answers a piece of the assignment: the Space Program we'll deliver, the Market we'll draw on, our Approach and schedule, relevant Experience, the Team, and the Fee (there is no cost to the County). Our formal written proposal accompanies it.

Formal written proposal · September 2026

Real Estate Brokerage Services — WTD Capital Program

Kidder Mathews' response to King County FMD's Request for Proposal for the Elliott West Wet Weather Treatment Station and the Mouth of the Duwamish CSO Wet Weather Treatment Station. This tab is the written proposal; the surrounding tabs are its interactive backup.

The assignment, as we understand it

A coordinated set of leases — approximately 40,000 SF of office, 40,000 SF of warehouse, and industrial outdoor storage (laydown) with abundant parking — across the SODO and Interbay corridors, on 5–7 year terms, planning commencing fall 2026, commencement 2027/2028, with Council approval required. We will act as the County's fiduciary on every transaction, provide market analysis and alternatives, respond promptly, deliver document drafts within five days or less, and negotiate the best possible terms — at no cost to King County.

1 · Project team & qualifications

A senior-led, three-person team with a specialist for every product type the County needs — not one generalist stretched across all three. Full bios on the Team & Firm tab.

Matt Murray, SIOR

EVP, Shareholder — assignment lead & day-to-day contact. Puget Sound industrial and public-agency experience. 206.919.4515.

Ben Garrett

SVP, Shareholder — office tenant representation, exclusively, for 20 years. Leads the ~40,000 SF office requirement.

Jim Kidder, SIOR

EVP, Partner — 40 years in the SODO/Interbay "Close-In" industrial market; 259 leases & 48 sales in the last decade. Leads warehouse & yard.

2 · Why Kidder Mathews is most qualified
  • A specialist for every product type. Office led by a broker who represents office tenants exclusively (Ben Garrett); warehouse and IOS by a 40-year specialist in this exact market (Jim Kidder, SIOR); coordinated by an industrial and public-agency lead (Matt Murray, SIOR).
  • The SODO/Interbay corridor is our home market. Jim Kidder has spent 40 years in the Close-In market — Ballard to Tukwila, encompassing SODO and Interbay — with standing landlord relationships (Prologis, DWS) that surface space before it is marketed.
  • We do public-agency work today. We currently represent South King Fire & Rescue on both sides of its real estate and work with City of Kent economic development — so we build each lease to clear Council from day one.
  • A known King County vendor. Kidder Mathews has held King County real-estate services contracts and understands the County's process and standards. (Contract history confirmed with FMD before submission.)
  • Fiduciary, at no cost. Landlord-paid representation with a rebate that returns value to the County (Section 5).
3 · Understanding & approach
What the RFP requiresHow we deliver
Market analysis & consultation on alternativesAn initial survey of both corridors within weeks of award, refreshed continuously — office, warehouse, and yard mapped and compared.
Prompt responses to all communicationA named single point of contact (Matt Murray) plus team backup; same-day acknowledgement.
Document drafts within 5 days or lessStandard turnaround well inside five days, backed by our transaction-management platform.
Negotiate the best terms for the CountyMultiple competing options on every requirement to drive rate, TI, free rent, and flexibility.
Council approval requiredEach lease packaged — economics, alternatives, recommendation — ready for FMD and Council, timed to the capital schedule.

Full phase-by-phase timeline on the Our Approach tab.

4 · Recent comparable experience
  • Industrial & IOS (Jim Kidder). 259 lease transactions ($252M) and 48 sales ($224M) over the last decade, concentrated in the SODO/Interbay market — the warehouse and yard product this assignment requires.
  • Office tenant representation (Ben Garrett). 20 years representing office tenants exclusively — Bank of America, Weyerhaeuser, PitchBook, Mitsui & Co., Raymond James, the Canadian Consulate.
  • Public agency (Matt Murray). Currently representing South King Fire & Rescue on both sides of its real estate, plus an active City of Kent economic-development relationship — Council/Commission-approval fluency.

Representative closed transactions and references appear on the Experience tab.

5 · Proposed compensation
  • No cost to King County. All fees are paid by the landlord or seller on each transaction; the County pays nothing for our services.
  • Rebate to the County. Consistent with the Rebate clause of the Master Services Contract, we will rebate a portion of our commission on each transaction to King County — or apply it toward tenant improvements or rent — with the exact structure finalized in the contract.
  • Full fee disclosure. We disclose, in writing and for the public record, all fees paid to Kidder Mathews by any landlord or seller, and provide the County copies of any separate fee agreement with a landlord or seller on these transactions.
  • Conflicts managed, County first. Where any candidate property involves a Kidder Mathews relationship, we disclose it and structure the engagement to protect the County's interests first. As your tenant representative we owe the County — and only the County — our fiduciary duty on these leases.
Response deadline

Submitted to Stephen Cugier, King County Real Estate Services (scugier@kingcounty.gov) by 5:00 PM PST, Friday, September 11, 2026. We welcome an interview to present our approach in detail.

The two capital projects behind the requirement

What WTD is building

The leases support two of King County's largest wastewater projects — a combined program on the order of billions of dollars, running years into the next decade. Understanding the work is how we size the space: the materials and equipment these projects stage are exactly what the office, warehouse, and yard are for.

~$3.4B
Mouth of Duwamish program
~240 MGD
Peak wet-weather capacity
8 CSO basins
5 County + 3 SPU controlled
~430M gal/yr
Overflow prevented

Mouth of Duwamish WWTS

Project 1 · SODO
Location
~8 acres at 1st Ave S & S Spokane St, SODO
Program cost
~$3.4 billion at completion
Purpose
Final step controlling Duwamish CSOs — reduces overflow from 5 County + 3 SPU basins (Chelan, Hanford #2, Lander, Kingdome, King St)
Scope
New influent/effluent conveyance, a wet-weather treatment station, and a new outfall in the East Waterway
Capacity
~240 million gallons/day peak treatment
Schedule
Preconstruction 2026 · WWTS construction ~2028–2029
Delivery
Heavy-civil GC/CM (shortlist named)
Read

The long, dominant piece — years of construction in SODO means sustained demand for office, warehouse, and a large laydown yard, right where our availability is deepest.

Elliott West WTS Upgrade

Project 2 · Interbay
Location
Existing Elliott West station, Interbay (operating since 2005)
Purpose
Meet stricter regulations, population growth, and a changing climate
Scope
Replace the screening facility, pump modifications, add ballasted sedimentation, replace chlorine with UV disinfection, electrical upgrades, operational changes
Design
~60% design complete
Schedule
Construction early 2026 → summer 2028 · cultural-resources excavation 2026
Delivery
GC/CM
Read

A tighter, ~2.5-year build in a supply-starved submarket — the search here is relationship-driven, near the Elliott West site.

Materials & equipment → space program

Wet-weather treatment and conveyance construction stages a specific mix of materials and equipment. Mapping that mix to space is how we know the program needs office and warehouse and secured yard — not one building. Anticipated staging, based on the published project scopes:

Materials / equipment stagedProjectSpace it needsWhy
Large-diameter conveyance pipe (influent/effluent), outfall componentsMouth of Duwamish Yard / IOSLong, heavy pipe stored outdoors; needs crane access and acreage
Precast concrete vaults & structures, shoring / trench boxesBoth Yard / IOSBulky precast staged near the site until placed
Fine screens, pumps, ballasted-sedimentation equipmentBoth (EW named) WarehouseHigh-value mechanical equipment kept covered & secure
UV disinfection banks, switchgear / MCC, standby generatorsBoth (EW: UV replaces chlorine) WarehouseSensitive electrical / UV equipment; conditioned, secured storage
Rebar, formwork, fittings, valves, aggregate, consumablesBoth Warehouse + yardBulk civil materials — a mix of covered and open storage
Cranes, excavators, haul trucks, contractor fleetBoth Yard + parkingEquipment staging and abundant fleet parking on-site
Project, CM, engineering & inspection teams; submittals & testingBoth Office (~40k)Program staff co-located near the work for a multi-year build
Why this matters to the search

Because the program stages heavy pipe and precast (yard), sensitive treatment equipment (warehouse), and large teams (office), the winning real estate answer is a coordinated set of leases — ideally co-located near each site, which is exactly how we've built the Available Space and Map & Compare tabs.

The space program we'll source

Four space types, one coordinated search

The capital program needs distinct but linked spaces. We'll run them as one coordinated search so timing, geography, and budget stay aligned across every lease — and so the County has a single point of accountability.

Program office
±40,000 SF
Office

Project, engineering, and construction-management staff. Priorities: efficient floor plates, parking ratio, transit access, term flexibility, and a fit-out timeline that supports 2027–28 occupancy.

Matching opportunities — open survey ▸
Materials & equipment
±40,000 SF
Warehouse

Covered storage for materials, parts, and equipment. Priorities: clear height, dock & grade loading, power, secure access, and proximity to the two project sites.

Matching opportunities — open survey ▸
Laydown
Yard / IOS
Industrial outdoor storage

Paved, secured laydown for pipe, equipment, and staging — the scarcest and most specialized asset class in the corridor, and a Kidder Mathews specialty.

Matching opportunities — open survey ▸
Access
Parking
Ample parking

Sufficient parking for field and office staff and fleet, coordinated across the office and yard sites so crews and vehicles are where the work is.

Best on-site parking — open survey ▸
The hard part — and where we add the most value

Office and warehouse are attainable in this market with the right relationships. Secured industrial outdoor storage adjacent to the project sites is the genuine scarcity — very little exists and almost none is openly marketed. Sourcing it is exactly what our industrial and IOS practice does, and it will drive the search strategy.

SODO · Duwamish · Interbay industrial

The market we'll draw on

The search geography maps directly to the two projects: the Duwamish / SODO corridor to the south and the Interbay corridor to the north. Both are among the tightest, most contested industrial submarkets on the West Coast — which is precisely why an owner-relationship-driven search wins.

Interactive lease comps · SODO · Duwamish · Georgetown

Real close-in lease comparables mapped around the Mouth-of-Duwamish WWTS site. Filter by product type, size, and vintage; hover a pin for detail; click any pin or row to pin it and read the full comp. Pins are sized by building SF; distances are straight-line to S Spokane St & 1st Ave S.

Warehouse Office / flex Yard / IOS ★ WWTS site
AddressTypeSFOfcClrRateYrDist

Real close-in lease comps (shell / NNN /SF/mo where shown; blank = rate not disclosed). Pin locations geocoded from street address and approximate; economics from market lease data. Illustrative — verified and expanded for the record during the engagement.

Project site · verified

Mouth of Duwamish WWTS — SODO

An ~8-acre treatment-station site at S Spokane St & 1st Ave S, anchor of a ~$3.4B CSO program. The long, large program — and where our current availability is deepest. We center the SODO/Duwamish search on this site.

Project site · verified

Elliott West WTS — Interbay

The existing wet-weather station (operating since 2005) now being upgraded, in Interbay near Elliott Bay. We anchor the north search here and canvass Interbay / Magnolia-edge / Ballard for office, warehouse, and yard.

Why proximity drives the search

These are construction and commissioning programs — the office, warehouse, and yard need to sit close to their site so crews, materials, and equipment are where the work is. That's why we run two anchored searches, not one city-wide sweep.

What defines these submarkets

Chronic scarcity

Seattle close-in industrial has run structurally tight for years, with limited new supply and constant pressure from logistics, maritime, and construction users. Quality space leases on relationships, often before it's marketed.

IOS is the constraint

Industrial outdoor storage / laydown is the rarest asset in the corridor — shrinking as land redevelops. Securing it near the project sites is the single most important, and hardest, part of this assignment.

Cost geography matters

Rents, parking, access, and jurisdictional costs vary block to block across SODO, Georgetown, South Park, and Interbay. We map the trade-offs so the County's dollars and schedule go furthest.

Lease comps · Seattle SODO / Duwamish
$1.00–1.35
SODO / Duwamish warehouse, shell /SF/mo NNN (recent comps)
±40k SF
The target size sits in the deepest, most-traded part of the market
flex
Dedicated ~40k office comps are scarce — office trades inside flex
$1.19–1.47
Secured yard / terminal (IOS) asking, /SF/mo — rarely comped publicly

A dedicated ~40,000 SF office block is scarce in this industrial corridor — the strongest office availability sits inside flex buildings (shown as Office / flex on the map above), which supports anchoring the office in a combined site or a targeted office-market pull.

Yard / IOS

Secured yard / industrial outdoor storage rarely trades on the open market and is priced on land ($/SF or $/acre), so clean public lease comps are scarce — which is exactly why relationship sourcing wins here. Current SODO terminal / yard asking runs ~$1.19–1.47 /SF/mo; multi-acre laydown is negotiated per site. We provide verified yard comps and a live off-market canvass during the engagement.

Comps from market lease data (shell / NNN unless noted "bl" = blended). Party names withheld. Illustrative — verified and expanded for the record during the engagement.

What we bring on day one

A live inventory of available and off-market office, warehouse, and yard space across both corridors, current asking and effective rents, and direct relationships with the owners who control it. We'll deliver a current-market survey during the strategy phase — this platform frames the approach and previews the availability.

Available space by requirement · SODO / Duwamish · illustrative

Space we can already source

Current corridor availability that fits the program, split into a tab per requirement. The RFP calls for multiple leases and does not require the uses to be co-located — but where we can put them next to each other, we cut cost, travel, and coordination. Start with Combined & Adjacent. Distances are straight-line to the WWTS site at S Spokane & 1st Ave S.

How to read this

Each tab is one requirement — Office, Warehouse, Yard/IOS, Parking — plus a lead Combined & Adjacent view. Options carry our posture (Tour, Hold, Pass) and a distance to the SODO project site. Space is shown unbranded; sizes/rates are recent market data, verified with ownership before any tour.

The play

Two ways to co-locate: a single site already holding office + warehouse + yard, or an adjacent cluster on 1st Ave S — the WWTS site's own street — where separate leases sit a few blocks apart. Both keep the program tight around the project.

Single sites that combine office + warehouse + yard
3849–4143 1st Ave S 0.37 mi
On 1st Ave S · office-heavy flex + ~7-ac yard
32,281 SFoffice 24,000clr 20'28 dock6.78 ac
The anchor: ~24k office, warehouse, and nearly 7 acres of yard on one control — all three requirements at one address on the project street, a third of a mile from the WWTS site.
$1.12–1.37 /SF/mo (est.)Tour ★
4201–4521 6th Ave S 0.63 mi
Georgetown/Duwamish · high-clear flex + 10-ac land
27,560 SFoffice 15,465clr 31'6"40 dock10.33 ac
Modern 31'6" clear building with 15k office plus a rare 10-acre land position — warehouse and a major laydown yard on one control, phaseable to size.
$1.10–1.34 /SF/mo (est.)Tour ★
54 S Dawson St 1.15 mi
SoDo · office + warehouse + 4.3-ac land
59,447 SFoffice 28,600clr 16'25 dock4.30 ac
The largest office block in-corridor (~28.6k) with warehouse and 4+ acres attached — closest single site to the ~40k office need. 16' clear is the warehouse compromise.
$1.17–1.43 /SF/mo (est.)Tour
The 1st Ave S adjacency cluster — within ~0.4 mi of the WWTS site

If the program prefers separate leases, this dense run on and around 1st Ave S — the project's own street — lets us place office, warehouse, and yard within a few blocks of each other and the site. A sample of what's open now:

AddressTypeAvail SFLandDist
3301 1st Ave SManufacturing36,0000.68 ac0.12 mi
65 S Horton StWarehouse (big-box)146,0021.09 ac0.13 mi
3200 Occidental Ave SSecured yard / terminal16,4420.97 ac0.19 mi
3663 1st Ave SWarehouse24,0000.92 ac0.19 mi
3847 1st Ave SWarehouse (big-box)130,5412.40 ac0.28 mi
25–29 S Hanford StWarehouse + office34,9971.06 ac0.28 mi
4000 1st Ave SManufacturing57,7771.21 ac0.32 mi
3851 1st Ave SWarehouse + yard35,5791.59 ac0.35 mi
3849–4143 1st Ave SOffice + wh + yard32,2816.78 ac0.37 mi

Straight-line distances to S Spokane St & 1st Ave S. Illustrative current availability; verified with ownership before tour.

Warehouse ± 40,000 SF SODO / Duwamish core
750–770 S Michigan St
Georgetown / Duwamish · warehouse + office
46,125 SFoffice 11,422clr 20'17 dock4.15 ac
Near-40k warehouse with a large office block and 4+ acres for laydown — office, warehouse, and yard on one site. Clear height is moderate.
$1.35 /SF/mo NNNTour
2400–2450 8th Ave S
SoDo · warehouse
59,915 SFoffice 4,397clr 24'34 dock2.49 ac
Heavy dock loading, modern clear height, and yard land; demisable toward the ~40k target. Larger than the base need.
$1.19–1.46 /SF/mo (est.)Tour
6335 1st Ave S
Georgetown / Duwamish · warehouse
37,538 SFclr 22'8 dock2.55 ac
Right-sized ~40k warehouse with 2.5 acres for staging. No office in place — would suit a warehouse-only lease within the program.
$1.13–1.39 /SF/mo (est.)Hold
130 S Dakota St
Georgetown / Duwamish · warehouse
41,468 SFclr 18'2 dock~1 ac
Clean ~40k footprint, central location. Light loading (2 docks) and 18' clear are the trade-offs.
$1.16–1.42 /SF/mo (est.)Hold
Office / flex ± 40,000 SF
The honest read

A dedicated ~40k office block is the tightest requirement in this industrial corridor — most large office sits inside combined flex buildings rather than standalone. We'd anchor the office in a combined site (below), or run a targeted office-market pull alongside the industrial search. Strongest office-bearing options open now:

54 S Dawson St
SoDo · office + warehouse + land
59,447 SFoffice 28,600clr 16'25 dock4.30 ac
The strongest single-site office + warehouse + land combo in-corridor — ~28.6k of office is closest to the office need with warehouse and yard attached. 16' warehouse clear is the compromise.
$1.17–1.43 /SF/mo (est.)Tour
4201–4521 6th Ave S
Georgetown / Duwamish · flex + 10-ac land
27,560 SFoffice 15,465clr 31'6"40 dock10.33 ac
Modern high-clear space plus a rare 10-acre land position — warehouse and a major laydown yard on one control. Available building block is smaller and phaseable.
$1.10–1.34 /SF/mo (est.)Tour ★
3849–4143 1st Ave S
Georgetown / Duwamish · office-heavy flex
32,281 SFoffice 24,000clr 20'28 dock6.78 ac
~24k of office within a flex building on nearly 7 acres — a candidate for the program office with adjacent warehouse and yard. Confirm office layout suits the teams.
$1.12–1.37 /SF/mo (est.)Hold
Industrial outdoor storage · secured yard & laydown — the scarce piece
1762 6th Ave S
SoDo · secured yard / terminal
5.23 ac88,926 SF34 dock
Large secured yard/terminal in the SODO core — prime for pipe and equipment laydown. Terminal configuration and scale/price to weigh.
$1.19–1.46 /SF/mo (est.)Tour
646 S Holgate St
SoDo · secured yard / terminal
2.50 ac25,880 SF32 dock
Right-sized secured yard minutes from the project core — a strong standalone laydown lease. Premium SODO pricing.
$1.21–1.47 /SF/mo (est.)Tour
Off-market yard canvass
SoDo / Duwamish · relationship-sourced
IOS2–6 acoff-market
Most secured yard never reaches the open market. Our first move is a direct owner canvass across the corridor to surface laydown that competitors won't see.
Sourced on awardSource
Abundant parking

Parking is engineered into the site strategy — not a separate market

"Abundant parking" is delivered three ways, and we lock it into each lease: (1) the land-heavy combined and yard sites carry multiple paved acres — ample fleet and staff parking on the same control; (2) SODO/Duwamish buildings typically include surface parking we negotiate into the lease; and (3) where a site is parking-short, we secure an adjacent lot on a companion lease. We size parking to WTD's field-and-office headcount and fleet during the strategy phase.

  • Best on-site parking today: the 10.33-ac (4201–4521 6th Ave S), 8.43-ac (4786–4790 1st Ave S), and 6.78-ac (3849–4143 1st Ave S) land positions.
  • Every secured-yard site doubles as fleet and equipment parking.
Interbay · Elliott West WTS north cluster

Interbay is a separate, tighter pull

Interbay / Ballard close-in industrial is among the most supply-constrained submarkets in the region — very little is openly marketed and most space trades on relationships. We'll run a dedicated Interbay canvass for office, warehouse, and yard near the Elliott West site during the strategy phase and add those options here. Being relationship-driven there is exactly where our team's owner network earns its keep.

Bottom line

Even a first pass shows real, program-fit space — including combined office + warehouse + yard sites and genuine secured laydown — available now in the Duwamish. That is the difference between a firm that claims the market and one that already works it every day.

Interactive analysis · live corridor inventory

Map & compare the market

Every program-fit option in the SODO/Duwamish corridor on one map. Filter by requirement, size, distance to the WWTS site, and yard acreage — then click properties to compare up to four side by side. Distances are to S Spokane & 1st Ave S.

Combined Office Warehouse Yard / IOS ★ WWTS site
AddressTypeSFOfcLandRateDist
Compare · 0 / 4 selected — click any pin or row to add

Source: current market lease data (CoStar), SODO/Duwamish close-in, availability ≥ 8,000 SF within ~2.3 mi of the WWTS site. Illustrative; rates/availability verified with ownership before tour. Party names withheld.

How we'll run the assignment

A disciplined, transparent process

A repeatable methodology built for public-agency work: rigorous up front, fast in the market, and structured so every lease clears Council cleanly and lands on schedule.

Phase 1 · Fall 2026

Strategy & needs analysis

Confirm the program with WTD — space types, sizes, adjacencies, budget, and schedule for each project. Define search geography and success criteria. Deliver a market survey of available and off-market options in both corridors.

Phase 2

Sourcing & tours

Canvass on- and off-market space, prioritize the scarce yard/IOS, and tour a curated shortlist. Provide a side-by-side comparison — rent, term, condition, parking, access, and total occupancy cost.

Phase 3

Negotiation

Run competitive negotiations to drive rate, concessions, and flexible terms. Manage LOIs and lease drafts on the County's fast turnaround expectations, coordinating with County counsel and risk.

Phase 4

Council approval support

Package each transaction for Council — fair-market documentation, business terms, and the record needed for authorization. We build the process into the schedule from day one so it never becomes the bottleneck.

Phase 5 · 2027–28

Execution & occupancy

Coordinate lease execution, fit-out timing, and commencement across the multiple leases so the program is in its space when the work demands it.

Single point of accountability

One senior-led team across all leases — no handoffs, no gaps between the office, warehouse, and yard searches.

Full transparency

Open reporting on options, economics, and compensation — everything documented for the public record.

Built for the County's pace

Structured to hit ~5-day document turnarounds and a 2027–28 occupancy without cutting corners on diligence.

Directly relevant experience

The work we're actually doing

Only live engagements and closed transactions — the real, active public-agency work, our team's own track record, and the specialized capabilities this program turns on. We don't pad this with business we haven't earned.

Active public-agency engagements
Fire authority · both sides

South King Fire & Rescue

We currently represent the fire authority on both sides of its real estate — the disposition of ±19.86 acres of surplus land (under contract to a national developer at ~$22.35M) and the search for a new station site. A public agency, a surplus sale, and a facility search through public governance — the closest analog to this assignment.

Municipal ED · active

City of Kent — economic development

An active working relationship with City of Kent economic development (Bill Ellis), who brings our team into industrial development and user opportunities in the Kent Valley — public-sector work that runs through municipal process and Council approval. A live agency partnership of exactly the kind this assignment rewards.

Why this matters for WTD

Public real estate is different from private — it runs on surplus and disposition statutes (RCW 39.33, KCC 4.56), fair-market documentation, and Council/Commission approval. We work inside that governance layer today, so we build each lease to clear the County's process from day one rather than learning it on your assignment.

Our team's track record & capabilities
Office tenant rep

Ben Garrett — office, exclusively

Twenty years representing office tenants only — Bank of America, Weyerhaeuser, PitchBook, Mitsui & Co., Raymond James, the Canadian Consulate. Leads the County's ~40,000 SF office requirement.

Industrial at scale

Jim Kidder — the Close-In market

40 years and 259 leases ($252M) + 48 sales ($224M) in the last decade in the SODO/Interbay "Close-In" industrial market, with standing Prologis and DWS relationships along the corridor.

Combined building + yard

Closed office + warehouse + land deals

Real closed leases combining building and land — e.g., CMS Logistics (85,876 SF, Sumner) and Insulpro (29,135 SF with office, Fife) — the combined mix the WTD program needs. Full schedule below.

IOS specialty

Secured yard / outdoor storage

IOS is a Kidder Mathews specialty and the scarcest asset in this corridor — sourced through direct owner relationships, most of it never openly marketed. The hardest, most important piece of this search, and one we work daily.

Corridor knowledge

SODO / Duwamish market

Current sell-side and land work in SODO and the Duwamish gives us real-time knowledge of who owns what along the project corridor — the relationships that surface space before it is marketed.

Multi-lease coordination

Programs, not one-offs

Running multiple simultaneous leases under one accountable team with unified reporting — the coordination a two-project, multi-lease assignment requires.

Representative transactions
Property / Submarket Tenant Size Term Type
2306 B St — AuburnCMC Metals109,585 SF60 moOffice / industrial
101 Western Ave — AuburnLMI Aerospace80,000 SF120 moManufacturing
1613 132nd Ave E — SumnerCMS Logistics85,876 SF63 moWarehouse / distribution
NWCP — Kent (Prologis)Service Partners38,400 SF63 moWarehouse / distribution
Rainier Corporate Park — FifeInsulpro Projects29,135 SF62 moWarehouse w/ office
Auburn ITC — AuburnSpeedy Delivery11,100 SF36 moDistribution

Representative Puget Sound office, warehouse, and industrial lease transactions in the size ranges this assignment requires. A current (2023–2026) transaction schedule across the full team accompanies our formal proposal.

References

References — including South King Fire & Rescue and our municipal contacts — are provided with our formal proposal and available on request.

Your team

A specialist for every product type

The County needs office, warehouse, and industrial outdoor storage — so we assembled a broker who represents office tenants exclusively (Ben Garrett), a 40-year industrial specialist in this exact SODO/Interbay corridor (Jim Kidder, SIOR), and an industrial & public-agency lead to quarterback it (Matt Murray, SIOR). The people who pitch are the people who do the work — backed by the full Kidder Mathews research, valuation, and lease-administration platform.

MM
Matt Murray, SIOR
Executive Vice President, Shareholder — assignment lead
Puget Sound industrial · public-agency & IOS specialization · day-to-day point of contact · 206.919.4515
BG
Ben Garrett
Senior Vice President, Shareholder — office tenant representation
20 yrs representing office tenants exclusively · KM Tenant Advisory Group · leads the ~40K SF office requirement · 206.296.9636
JK
Jim Kidder, SIOR
Executive Vice President, Partner — industrial & SODO/Interbay corridor
40 yrs in the South Seattle "Close-In" market (Ballard–Tukwila) · 259 leases / 48 sales last decade · Prologis & DWS relationships · 206.248.7328
+
KM platform support
Research · Valuation Advisory · Lease Administration
Live market data, BOVs, and transaction management behind the team
The Kidder Mathews platform
$9B
Annual transaction volume
4,700+
Annual transactions
900+
Professionals & staff
19
West Coast offices
36.7M SF
Leased annually
26.2M SF
Sold annually
58M SF
Under management
55+ yrs
In the market
Independent, and the largest privately held firm on the West Coast

That structure means the County gets independent, conflict-managed counsel from senior local experts — backed by the research, valuation, and management depth of a major regional platform.