Christenson, with its base of operations here in Portland and lots of work in Seattle and Orange County, CA, plans to continue using the Philips name and the company's 60 employees to expand its presence in the Eugene area. Former owner Nathan Philips will be general manager of the new Eugene division.
Financial terms of the deal are not being disclosed. Christenson spokesman Tom Wright tells GolbeSt. the acquisition is part of the now 770-person company's overall plan to expand its presence in the Northwest. As part of that plan, the company opened an office in Seattle just six week ago. The company's gross revenues topped $100 million last year, Wright says.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
