Kidder Mathews to Manage More NorCal Assets for Lift Partners
Lift Partners, of San Francisco, has appointed Kidder Mathews to manage 530,384 square feet of property in Northern California. The assignment brings Lift’s total square footage under Kidder Mathews management to 1.2 million.
Kidder Mathews has been managing properties for Lift in the Pacific Northwest since 2015 and in Northern California since 2023, starting with a 651,000-square-foot portfolio. Senior Vice President and Market Leader Lori Coleman and General Manager Bridget Kitzerow now handle property management for 18 Lift assets.
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According to Kidder Mathews, in the last year, its property management division has reached its highest revenue to date. One of the largest assignments involved 1 million square feet of office space at 555 Tower in downtown Bellevue, Wash., one of Seattle’s top developments.
Founded in 2015, Lift Partners focuses on repositioning and redevelopment of industrial and office properties along the West Coast. Since its inception, Lift has acquired 6 million square feet of industrial and office assets valued at $1 billion.
Steady business
Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with more than 900 professionals in 19 offices across Washington, Oregon, California, Idaho, Nevada and Arizona. The firm averages north of $10 billion in transaction volume, manages more than 55 million square feet of space and conducts 2,600 appraisal, consulting, and cost segregation assignments annually.
In October 2022, Kidder Mathews picked up the assignment to manage a 1.2 million-square-foot mostly industrial portfolio in Southern California on behalf of Terreno Realty Corp. That deal brought a total of 2.8 million square feet of Terreno properties under Kidder Mathews’ management.
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