Laird Norton Properties Names New Vice President to Manage Real Estate Acquisitions and Development

SEATTLE  — Laird Norton Properties (LNP), a Seattle-based real estate investment firm that owns and manages a national commercial real estate portfolio, announced the hiring of Gabe Levin as vice president of real estate.  

i n g e n u i t y
Laird Norton Properties (LNP) is a Seattle-based real estate investment firm that owns and operates a national portfolio  as part of the Laird Norton Company (LNC), a seventh-generation family enterprise. Backed by an experienced team of real estate professionals, Laird Norton Properties provides flexible capital and investment structures along with the expertise to complete even the most demanding transactions. 
l e r a c y
What began in 1855 as a frontier logging operation in the Minnesota wilderness has evolved into one of the longest-standing family enterprises in the United States. Today, the Laird Norton name represents a company with diverse interests and more than 400 family shareholders. One of Laird Norton Company’s most successful investments was in Lanoga Corporation, the nation’s third largest professional building materials dealer. After 40 years of management, Laird Norton Company sold Lanoga Corporation in 2006, but retained the real estate assets, thereby creating a national portfolio of 262 fully leased industrial and commercial properties in 23 states, totaling $300 million in value owned and managed by the newly formed Laird Norton Properties.

Since 2010, Laird Norton Properties has diversified the real estate portfolio through the investment of more than $90 million in nine properties in Seattle, Portland, Denver and Salt Lake City.

Today, Laird Norton Properties is the Laird Norton Company’s largest investment, with holdings of more than $500 million distributed throughout the Midwest and Western United States.
i n t e g r i t y


LNP is focused on investing in high-quality, value-add and core industrial, office, mixed-use, and multi-family properties and select development opportunities in the Seattle, Portland, Denver and Salt Lake City markets.  We are actively seeking partnerships with developers and operators that have a strong track record in their markets and asset types. We leverage our in-house business and real estate expertise to add value to our investments and our partners.  

Joint Ventures 
LNP focuses on developing programmatic long-term relationships that provide our partners with access to a flexible source of capital, enabling them to be active and agile in their markets.  LNP invests its own capital, giving us flexibility in our investment and joint-venture structures.  We have the ability to recapitalize existing assets or portfolios as well as to provide capital for new opportunities.  LNP can take a long-term or a short-term perspective and has the ability to invest throughout market cycles, patiently and strategically.

LNP is also interesting in development opportunities including partnering with high-quality developers with expertise in specific product types and markets to create new value by maximizing the use of an underutilized property.

Asset Mangement
LNP is a hands-on steward of our investments and we bring strong asset management expertise to our underwriting and execution. Since creating the $300 million Lanoga portfolio in 2006, LNP has taken a proactive approach to the asset management of the diverse portfolio by repositioning properties and actively managing the leasing, operations, and dispositions of the industrial portfolio.
a g i l i t y

Investment Focus

LNP seeks to invest capital in assets that offer the potential for attractive risk-adjusted returns.  LNP is specifically focused on:
  • Investments with equity requirements that are smaller than institutional investment thresholds
    ($5 to $20 million total equity per property, with total deal size targeted at $20-$50 million).
  • Value-add and core buildings (Class B or better).
  • Building a portfolio of strong cash-flowing assets.
  • Select development opportunities within high barrier to entry locations in major metropolitan areas.
  • Product Type: Office, Mixed-use, Multi-family or Industrial.
  • Directly or through joint ventures as both Limited Partnerships and Co-General Partnerships investment opportunities.
Building on an initial legacy portfolio of industrial and commercial assets, LNP has increased the portfolio’s value through targeted acquisitions, active asset management and select partnerships with leading real estate operators and developers. LNP’s current portfolio is a diverse national assemblage of industrial, retail, office and multi-family properties valued at more than $500 million.
Real Estate Assets
Lanoga Portfolio
The LNP team includes a vertically integrated investment team with in-house acquisition, underwriting and asset management expertise. The team takes an active, collaborative approach to working with partners while also being hands-on asset managers and stewards of the investments within the portfolio.
801 Second Avenue Suite 1700 Seattle, WA 98104 • 206 464 5245  • EMAIL
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Jeff Vincent 1

Jeff Vincent
President & CEO • 

Jeff Vincent, President & CEO, has been leading Laird Norton Properties’ parent company, Laird Norton Company, since January of 2001. With more than 30 years of business experience, Jeff has restructured business operations, acquired companies, and directed a variety of strategic initiatives to accelerate growth. Jeff oversees all operations of the company, including investments and development activities and is a member of the LNP Investment Committee.  

Jeff serves as a director on several boards, including: Laird Norton Company, Laird Norton Properties, Fusion Education Group, and Laird Norton Wealth Management. He currently serves as a member of the Washington Roundtable and is a past Chairman of the Washington State Board of Education. 

Jeff received a BSBA from Drake University and an MBA from the Harvard Business School.
Gabe Levin 1

Gabe Levin
Vice President • 

Gabe joined Laird Norton Properties as Vice-President in 2017. Gabe has 20 years of professional experience managing investments and is responsible for asset management of existing properties as well as acquisitions and the development of new projects.

Prior to LNP, Gabe worked for Talon Private Capital where he led the startup Portfolio Services division, creating an asset management platform that completed over 5MMsf of heavy value-add investments in and around Seattle. He managed the largest real estate receivership in the history of Washington State, repositioning a portfolio of 24 office buildings with $100MM of investments in aesthetic improvements and infrastructure. Prior to Talon, at DRA Advisors he sourced acquisitions and managed financing needs for the company’s $9 Billion portfolio including successfully navigating the maturities of $4B of debt during the capital markets contraction.

Gabe graduated from college at Yale University and earned an MBA at Columbia Business School.</p
Audra Brown 1

Audra Brown
Property Manager • 

Audra Brown joined LNP as a property manager in 2011. She oversees all property management services for LNP’s industrial portfolio.  Audra directs a team of regional property managers and is responsible for ongoing portfolio operational activities. She has more than 13 years of experience in property management, budgeting and dispositions. 

Audra is a licensed Washington Real Estate Broker, a member of the Institute of Real Estate Management and is working to achieve her Certified Property Manager designation.
Jake Okleberry 1

Jake Okleberry
Legacy Portfolio Manager • 

Jake Okleberry, Real Estate Analyst, joined Laird Norton Properties in 2015.  He provides the team with due diligence, research, analysis, and modeling support for the real estate portfolio and at the corporate level.  Jake started his real estate career as an analyst for Northwestern Mutual Investment Management Company and has worked for a broker dealer specializing in 1031/TIC investments, and a redeveloper of industrial projects.  Jake received his BS from Weber State University and earned the CFA designation in 2013.
Jennifer Polson 1

Jennifer Polson
Communications Manager • 

Jennifer Polson is the Communications & Marketing Manager for Laird Norton Properties and has been with the company since 2012. Jennifer’s responsibilities include the development and implementation of communications and marketing strategies for Laird Norton Properties.  She is responsible for all marketing campaign components encompassing print, media, social media, and internet presence.  

Jennifer has more than eleven years of real estate experience which includes property management, tenant relations, marketing and office management. She received a BA in public relations from Washington State University.
Spencer Esau 1

Spencer Esau
Real Estate Analyst • 

Spencer Esau, Real Estate Analyst, joined Laird Norton Properties in 2016.  He assists various functions within the company including reporting, research, analysis and financial modeling.  Spencer began his real estate career as a commercial broker with Sperry Van Ness before transitioning to analytics.  Prior to joining Laird Norton Properties, he specialized in the sale and leasing of multifamily, retail and office properties as well as in underwriting and market analysis. 

Spencer received a BS in Economics from Gonzaga University.