https://sprattassetadvisoryservices.com/services daily 0.75 2020-05-18 https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eab389ccac3af5144e9716e/1589252967547/ Services - Research and Advocacy Research and analyze government regulations impacting commercial real estate Lobby at the Local, State and International level for real estate interests Work with government agencies to research and review projects https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eab3d3c824ddc4353d7b04c/1589252967528/ Services - Property Transition Coordinate and oversee the successful acquisition or disposition of commercial properties Acquisition Prepare and/or review financial analysis Review and analyze leases Perform tenant interviews and provide feedback on results Coordinate contractors and vendors for due diligence Assist in property management review and selection Coordinate lease abstract and financial set up Develop staffing plan to ensure a smooth transition of property management team (change management) Disposition Facilitate relationship between buyer and seller teams Coordinate and facilitate property management transition Coordinate purchaser information exchange Change management for client team https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eab3643cac3af5144e8c6e9/1589252967539/ Services - Property and Facilities Management Selection Meet with client to understand management needs Educate client on pros and cons of outsourced management Prepare RFQ and RFP for management services Review and analyze RFQ and RFP responses Provide guidance on selection of outsourced manager Assist in transition of new outsourced manager (change management) https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eab3322cd6b80283eed4834/1589252967533/ Services - Business Development Create long-term value for an organization from customers, markets, and relationships Review company growth goals Assist in identifying market prospects Develop marketing material Train team on pitch process https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eab3d245105576e5ce6232c/1589252967523/ Services - Property & Facilities Management Oversee Property Management Operations Develop, train and mentor staff Create and implement operational processes and procedures Ensure financial compliance with management agreement Oversee leasing strategy to meet or exceed occupancy and rental rate goals Construction/tenant improvement management Work with tenant and architect to develop plans Prepare and review contractor proposals Prepare and analyze bids Contractor selection Oversee contractor to successful completion https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eab3d0c87df0747850c4bc5/1589252967517/ Services - Commercial Projects Portfolio or Property Asset Management Develop and manage the financial success of the property utilizing ownerships goals for return on investment Oversee project strategy to ensure successful returns Oversee property management to ensure they meet project specific goals: Operational Financial Client & Tenant Relations Oversee leasing strategy to meet or exceed occupancy and rental rate goals Develop client relationship Develop tenant relationships to ensure tenant retention https://sprattassetadvisoryservices.com/home daily 1.0 2020-05-18 https://sprattassetadvisoryservices.com/about daily 0.75 2020-05-18 https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eab44501a699445311db0dc/1589322433008/IMG_1640.jpg About https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eab43e15d25ab4103906003/1589322433002/coleen-spratt-250x300%5B1%5D.jpg About https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eab468e476a632fe4c9a180/1589322433014/IMG-6587.jpg About https://sprattassetadvisoryservices.com/contact daily 0.75 2020-05-12 https://sprattassetadvisoryservices.com/testimonials daily 0.75 2020-05-15 https://sprattassetadvisoryservices.com/experience daily 0.75 2020-05-18 https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eba1b34da0a483fc73e7894/1589254979833/ Experience - Leasing Successfully worked with ownership to negotiate a lease renewal and expansion of Safeco Insurance at the Safeco Plaza building in Seattle. The 400,000 SF renewal and 200,000 SF expansion was the largest deal in the City of Seattle in 2016. https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eba1da088fde7250ad3cf9e/1589255598322/ Experience - Property Management Twenty-five years of experience in property management for all asset types (Office, Industrial, Retail). Proven track record of developing successful property management teams. Transitioned property management responsibilities at multiple properties which included hiring and training staff, implementing processes and procedures to ensure a smooth and stable transition all while maintaining the value of the asset for the owner and ensuring no impact to building tenants. https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eba1e5fb0a443408c92ff58/1589255790944/ Experience - Business Development Responsible for creating and implementing innovative business strategies for a commercial portfolio consisting of Office, Industrial and Retail properties in the Puget Sound Region encompassing Seattle, Bellevue and the surrounding cities. Successfully grew the portfolio by over 1.5 million square feet while also adding construction management services to the business line creating a consistent revenue stream in addition to property management. https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eba20d5da0a483fc73f3b65/1589256440084/ Experience - Construction Management Successfully completed a 20-million-dollar demolition and asbestos abatement project at Safeco Plaza, consisting of 32 floors and 600,000 SF. The project required the relocation of five tenants to accommodate the move of Safeco Insurance Corporate office from Second and Seneca to Safeco Plaza. Provided construction management and oversight for 32-million-dollar’s in tenant improvement and capital projects over a ten-year period at Safeco Plaza. Projects were completed on time and within budget. https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eba13ba98f2a938332058e6/1589253063991/1130+Rainier.jpg+%281%29.png Experience - Nitze-Stagen Consulting Director of Property Management Oversee Property Management Services for Nitze-Stagen’s portfolio of properties as well as for select outside third-party property owners. Property types include Office, Industrial and Retail. Services include: Tenant management and lease negotiations Accounting, finance and reporting functions Property maintenance and upgrades Oversight of construction and renovation projects. https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eba22aea375f52b540e52f0/1589256905147/ Experience - Staff Development Over Twenty-Five years of experience developing strong management teams including office and engineering personnel. Implemented an annual training program which included over 70 employees at 6 buildings. Worked with a national company on development of Standard Operating Procedures and worked with leadership to implement an operations audit program on those procedures that was rolled out to the company nationally. https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eba16c3ac97f63e84b2f6b9/1589253834227/SBUX+Center.png Experience - First and Utah Street Associates Asset Manager First and Utah Street Associates is the owner of the prestigious Starbucks Center located in Seattle Washington. Starbucks Center is a nationally recognized redevelopment of a large, functionally obsolescent warehouse building, serving as a catalyst for the revitalization of the SODO District neighborhood. At just over 2,100,000 square feet on 17 acres of urban industrial land, Starbucks Center is a one-of-a-kind mixed-use facility, which blends retail, office, warehousing, light-manufacturing and distribution functions. Services Include: Financial analysis Client relations Tenant relations Oversight of Third-Party Property Manager Construction management https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eba1c65a375f52b540d847f/1589255308854/ Experience - Property Disposition Worked with ownership to develop a disposition plan for Safeco Plaza that resulted in the highest per square foot sale price of a building in 2016 in the sale to GLL for $387 million. https://static1.squarespace.com/static/5e790ea1f3c2fc727c200597/t/5eba1a820e96b4498c9adf43/1589254797154/ Experience - Property Transitions Provide financial analysis, due diligence and operational guidance for the purchase of multiple class A buildings in the Seattle and Bellevue market to include: Russell Investments Center, Seattle, WA (1,200,000 RSF) City Center Plaza, Bellevue, WA (600,000 RSF) 720 Olive Way, Seattle, WA (300,000) RSF Fifth and Bell, Seattle, WA (150,000) RSF Daytona Laguna Campus, Redmond WA (750,000 RSF)