Seattle's Kidder Mathews Setting Up Shop in Portland

PORTLAND-The Seattle-based real estate services firm Kidder Mathews is preparing to enter the Portland market in three weeks time, company President/CEO Jeff Lyon tells GlobeSt.com.

The opening of a new market comes as part of a new affiliation for Kidder Mathews, which joined Insignia’s Strategic Services Provider Program in February 2002 and one year later began shopping for a new partner when news got out of Insignia’s merger with CB Richard Ellis, one of Kidder’s chief rivals in the Seattle market. As of Monday, Kidder Mathews is now affiliated with GVA, a Chicago-based international real estate services firm that has had affiliates in San Francisco and Vancouver, B.C. for a while but not in Washington or Oregon until now.

Kidder Mathews is one of the oldest, largest and most productive commercial real estate services firms in the Puget Sound region. The firm has 87 brokers in four offices and 13 appraisers in three offices. Lyons isn’t yet saying where exactly in Portland its fifth office will be located because the lease agreement is still being finalized, but he did say the firm will be located in the CBD and will have room for between 15 and 18 people.