ROSEVILLE, CA—With good proximity to the booming Bay Area and its locations in San Francisco, Redwood City, CA, and San Jose, Kidder Mathews has chosen Roseville as the location for its newest office. The firm has hired 10 brokers plus marketing support staff who are all experienced professionals with extensive experience in the Sacramento marketplace. The firm will open its 12th West Coast location at 2237 Douglas Blvd. to serve the greater Sacramento area.
Reed Payne, executive vice president of Kidder's Northern California offices, tells GlobeSt.com: "Due to its proximity to the Bay Area, the Sacramento area is a natural and increasingly popular option for our Bay Area clients' space solutions in this competitive economic climate. We will have a lot of collaboration with our three established Bay Area offices."
Kidder Mathews is an independently owned commercial real estate firm with other locations in the West, including Washington, Oregon and Arizona. As part of the firm's strategic growth plan, the firm has opened offices in San Diego, Phoenix and Sacramento this year, with additional plans to open in Orange County within the coming months and the East Bay within the next 12 to 24 months.
The new hires include Kevin Sheehan, managing partner, office specialist; Tom Bacci, senior vice president, office specialist; Tyler Boyd, associate vice president, office specialist; Sean Gallinger, associate vice president, industrial specialist; Bob Keady, vice president, industrial specialist; Mark Levin, vice president, industrial specialist; Bob Pechal, vice president, investment specialist; Stephen Tyrrell, CCIM, senior vice president, investment specialist; Jon Walker, senior vice president, office specialist; and Lillian Westley, industrial specialist. Many of these professionals have far-reaching previous experience with national firms and considerable experience in the Sacramento commercial market.
Sheehan, managing partner for the new location, says, "Although we evaluated many options, Kidder was an easy choice for our team because of their focus on supporting brokers with the highest level of marketing support and resources as compared to other firms. That allows us, as service providers, to give the best service to our clients. That really matters when we are out recruiting to grow our office, because it gives us a legitimate competitive edge."
Kidder Mathews has 500 sales professionals in the West with a streamlined management structure, equity opportunities for its professionals and a competitive commission structure.
"We have been discussing and seeking opportunities to have a presence in the greater Sacramento market for some time to add to our three existing Bay Area offices in San Francisco, Redwood City and San Jose," said Jeff Lyon, Kidder Mathews chairman and CEO. "We are very pleased with this strong nucleus of 10 experienced professionals to build our office around.”
As previously reported, Kidder Mathews also opened an office in Phoenix earlier this month.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
