SEATTLE-GVA Kidder Mathews, already the largest commercial brokerage firm in the Pacific Northwest, will look to break into new markets in 2006. CEO Jeff Lyon tells GlobeSt.com that the company’s expansion into Portland, OR has convinced him that the Kidder platform can be successful outside the Puget Sound marketplace, though he isn’t ready to name any new markets yet.

“We’re looking,” he says. “We’ve just expanded for a third time in Portland, making room for seven additional brokers; that office has done great for us.”

The company’s platform has done well because it’s local, independent and doesn’t have a lot of layers, says Lyon. The company has 65 or 70 shareholders and no required return, he says.

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