Jonathan Rose Companies sells "environmental" buildings in Seattle

Written By H. Pike Oliver

As reported by Marc Stiles in the Puget Sound Business Journal on January 18, 2018, the Jonathan Rose Companies sold the adjacent Joseph Vance and Stirling buildings in downtown Seattle on Third Avenue between Pike Street and Union Street. The Following acquisition in 2006, the Rose firm, which advocates environmental sustainability and social responsibility, restored the Vance building. The $3.5 million of retrofits included enhancements to operable windows--a rare feature in a downtown high-rise building. Numerous environmental oriented organizations were attracted to the building, including the Washington Environmental Council, Climate Solutions and Progress Alliance of Washington. It looks like the Rose firm also did reasonably well by doing well as the buildings sold for 87 percent more than the purchase price.

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H. Pike Oliver

Born and raised in the San Francisco Bay Area, H. Pike Oliver has worked on real estate development strategies and master-planned communities since the early 1970s, including nearly eight years at the Irvine Company. He resided in the City of Irvine for five years in the 1980s and nine years in the 1990s.

As the founder and sole proprietor of URBANEXUS, Oliver works on advancing equitable and sustainable real estate development and natural lands management. He is also an affiliate instructor at the Runstad Department of Real Estate at the University of Washington.

Early in his career, Oliver worked for public agencies, including the California Governor’s Office of Planning and Research where he was a principal contributor to An Urban Strategy for California. Prior to relocating to Seattle in 2013, Oliver taught real estate development at Cornell University and directed the undergraduate program in urban and regional studies. He is a member of the Urban Land Institute, the American Planning Association and a founder and emeritus member of the California Planning Roundtable.

Oliver is a graduate of the urban studies and planning program at San Francisco State University and earned a master’s degree in urban planning at UCLA.

https://urbanexus.com
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