Seattle State of the Market

Mr. Keller is the Vice Chairman of MREG and a member of MREG’s Investment Committee. He also serves as the Chairman of MRED, MREG’s development subsidiary, and Senior Adviser to the MRECS Investment Committee with respect to construction and other heavy transitional loans. Mr. Keller has over 40 years of experience in real estate investment, development, and construction, formerly leading Mack Urban, LLC, Urban Partners, LLC, Keller Equity Group, Inc., Keller CMS, Inc., and Keller Construction Company, LTD. Mr. Keller currently holds many board and community leadership roles, including Vice Chair of the Land Use Leadership Committee and Member of the Advisory Board of ULI (Urban Land Institute) Los Angeles, Board Member of the Central City Association of Los Angeles (CCA), Board Member of the UCLA Health System, and member of The Los Angeles Coalition for the Economy and Jobs (The L.A. Coalition). Mr. Keller previously held leadership roles as Chairman of Eimago (formerly Union Rescue Mission Foundation), Chairman of the Board of Directors at Seven Arrows Elementary School in Pacific Palisades, California, Board Member of the L.A. Streetcar Initiative (LASI), member of the stakeholders group board of the DTLA South Park Business Improvement District (BID), Board Member of Friends of Waterfront, Seattle, and Board Member of Friends of the LA River (FoLAR). Mr. Keller attended the California State Polytechnic University, Pomona.

John is one of the founding partners and the Chairman of Cairncross & Hempelmann, a full-service Seattle law firm. He has over 40 years of experience as a land use, natural resources and real estate development attorney. He has worked extensively to help form the legislation that governs Washington’s land use law. John assists clients with real estate development projects, including their land use, zoning and environmental matters, and with their natural resource permit processes. A major focus of his work is helping clients develop transit- oriented communities around the region’s rapidly expanding light rail system.

For over 30 years, Paul Zeger has been the definitive source of information for new construction sales and marketing in the Bay Area. His leadership in identifying and capitalizing on residential development opportunities is unparalleled. Paul’s client relationships include some of the most successful real estate development firms on the west coast – TMG Partners, Emerald Fund, Lennar Urban and Wilson Meany to name a few. Paul believes in making commitments to his clients, and building trust by delivering on his commitments. Paul earned a bachelor’s degree in Economics at Colgate University and a Masters in Business Administration from the Darden School at the University of Virginia.

Over the past six decades, Martin Selig has turned his two person company into a billion dollar enterprise. He’s built his business (and much of the city) from the ground up, and he’s not stopping anytime soon. So what’s his secret to doing business? Martin won’t tell, but some might say it’s the structure of his company: everything comes back to him. Where some developers have boards, partners, and commissions, Martin and Martin alone is at the helm of his ship. This enables him to make quick decisions and never keep people waiting. His advice to any aspiring entrepreneurs? Do it how he did: Jump in the deep and and see if you can swim. While most people are either creative types or number gurus, Martin is an anomaly: he’s a creative spirit with billionaire business sense. His door is always open, and if his team needs anything, they need only enter his corner office with glass walls and a bird’s eye view of the city he’s built. Compared to other commercial real estate companies, he adds, his team has a lot more fun. Martin’s favorite project is always his current project, and he’s happiest when there’s a hole in the ground, on its way to becoming the next addition to Seattle’s skyline. He’s also an artist and art connoisseur. He’s made many contributions to Seattle’s art scene, from the giant popsicle statue outside his property on 4th and Blanchard, to “Adam” by Fernando Botero outside the old Federal Reserve Building, to the John Henry “Songbird” Sculpture at 5th and Yesler, to the Barbara Hepworth “Three Obliques” at 645 Elliott, and the list goes on. Martin got into the real estate business in 1958 because “he didn’t trust the stock market.” His team likens him to The Wizard of Oz and Walt Disney: someone with unparalleled imagination who’s unafraid to think outside the box. If he has a goal, he won’t stop until he’s achieved it. They say the reason for the company’s success is easy: it’s Martin. There’s only one Martin Selig. Though Martin has called the Emerald City home for his entire life, he wasn’t born here: he and his family escaped Nazi Germany in 1940 by sneaking onto the Trans Siberian Railroad. They travelled through Europe and Asia by train, then boarded a boat bound for San Francisco from Japan. When their ship entered Elliott Bay the mountains were out and the sun was shining, so on a whim, his family ended their journey in Seattle. This place is Martin’s home, and he’s been here ever since. In his spare time, he enjoys riding motorcycles, skiing, and painting.

A Managing Director with JLL, Stuart brings over 28 years of commercial real estate expertise to his clients. Formerly a co-founder and Principal with Pacific Real Estate Partners, his expertise includes debt, equity and joint-venture financing for commercial properties and transactions. Involved in leasing transactions exceeding 6M SF and investment sales valued at over $5B, Stuart consistently ranks among the top sales and leasing brokers in the greater Puget Sound area. Prior to Pacific Real Estate Partners, he was a Principal at The Norman Company and managed all ownership leasing activity.

Bill is the co-founder and Managing Principal of Talon Private Capital (Talon), LLC. Talon is a Seattle based, 25-person, private equity company focused on commercial real estate investments on the West Coast. Talon has current total investments exceeding $500,000,000. Prior to co-founding Talon in late 2009, Bill was a Principal and co-founder of Pacific Real Estate Partners, Inc., (PREP) a regional commercial real estate brokerage. Over his 17 years at PREP, he was instrumental in growing the company to market dominance in the Pacific Northwest and exclusively represented national and regional tenants. Bill is the 2017-2018 Chairman of Urban Land Institute Northwest Chapter and currently serves on the board of the University of Washington Runstad Center of Real Estate Studies. He has held numerous leadership positions in civic, charitable and industry groups, including past Chair of SIOR, NAIOP, Bellevue Schools Foundation, and many more. Bill has been married for 30 years to his college sweetheart and has two adult children.

SeaPac is one of the premier retail brokerage and consulting firms in the Puget Sound/WA Market. Since 1978 SeaPac has specialized in retail services for retailers, property owners, landlords and developers. We are the state of Washington member for Chainlinks Retail Advisors, the nation’s leading retail network. Jeff Rosen is a partner and works as a retail real estate broker.