(3 Total References)
Sonna M Durdel 503 639 2311 Transworld and Insignia to Joint Venture
...Sonna M. Durdel, Executive Director of Insignia/ESG's Pacific Northwest Region, stated, "After developing over 430 projects in the Portland Metro area totaling over $1.27 billion of class A office and industrial/flex product, our Insignia team is very excited to get underway on this major office tower at the gateway to Portland's CBD.
The Portland market is ripe for its next Class A CBD office tower, with the success of Fox Tower and the lack of available class A space for our growing office market."Nationally, Insignia Commercial Investment Group has successfully developed over 200 projects totaling over $3 billion.The Insignia Commercial Investment Group, Inc.
and Transworld Properties joint venture has negotiated the construction financing for 120l Lloyd with Bank of America
.The partners worked with the local Portland Bank of America office and with the Dallas office of B of A. Insignia/ ESG, also a subsidiary of Insignia Financial Services, will provide the local development expertise, in addition to the property management and leasing services for the 1201 Lloyd Building.
Insignia/ESG Press Release
The announcement was made by Sonna M. Durdel, Managing Director of Insignia/ESG's Pacific Northwest Region.
"We are pleased to add Mark to the Insignia/ESG
team to expand our property management capabilities in the Pacific Northwest marketplace with such a strong professional," said Ms. Durdel
has a proven track record of success that spans all product types and will be a tremendous asset to our team."
Mr. Walsh's recruitment is part of Insignia/ESG's
strategic plan to become a leading full service provider for property owners throughout the West Coast.Insignia/ESG
is already a leading force in the Pacific Northwest with a management and leasing portfolio of over 5.7 million square feet of office, industrial and retail properties.As a full-service commercial real estate company, Insignia/ESG
also offers development services, construction management, investment and facilities services in the Pacific Northwest.
first entered the Portland marketplace in September 1997, with the acquisition of Forum Properties, a regional property services firm founded by Ms. Durdel
is one of the largest commercial real estate services providers in the United States, with comprehensive brokerage, property management, facilities management, development, consulting, investment sales and debt placement operations in forty-eight of America's top markets, including New York, Chicago, Los Angeles, Boston, Dallas, Philadelphia, Atlanta, Phoenix, Portland and Washington, D.C. Through Richard Ellis St. Quintin, the company also delivers advanced commercial real estate services in the United Kingdom.Nationally, Insignia/ESG
provides services for a property portfolio spanning more than 230 million sq. ft. Insignia/ESG
is a subsidiary of Insignia Financial Group, Inc., a publicly traded company listed on the New York Stock Exchange under the symbol "IFS."
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Sonna M. Durdel was promoted to executive_director of Insignia/ESG's Pacific Northwest region.She is responsible for the development , marketing , leasing , construction and investment sales for commercial property in the region.Previously , Durdel served as managing_director.