Brokerage firm The Mogharebi Group has opened an office in Seattle, GlobeSt.com has learned exclusively. The firm has also hired Robert Parmar and Ryan Kidwell to lead its expansion in the Pacific Northwest.

The brokerage firm topped the firm's expansion list because of the recent economic growth. "Seattle was one of the most advanced and highly diversified economies in the US. From a labor perspective, tech has provided strong growth throughout the region with companies like Amazon, Facebook, Google and Microsoft dominating the employment scene, as the region continues to grow away from industrial employers like Boeing that still remain a major employers," Alex Mogharebi, the firm's founder, tells GlobeSt.com.

The pandemic has only helped to fuel demand for jobs and for growth. "Due to this unprecedented demand for jobs in the information/tech sector, we are seeing a dramatic increase in overall rent growth as well as rapid cap rate compression which is exacerbated by supply shortages due to Seattle's unique geography on the Sound," says Mogharebi. "Seattle also features a very comparable employment base to California, we will be able to leverage our vast understanding of the California market to offer investors valuable insight into the shifting tenant profile."