Greysteel Appoints Jakob Nicholls to Lead Northwest Capital Markets from Seattle

Greysteel Hires New Exec to Lead Northwest, Seattle Region
CRE Market Beat Take
Strengthening Greysteel’s Northwest capital markets bench, particularly in office and industrial, should support institutional owners and lenders seeking execution in distressed and value-add situations in Seattle and Portland.

Greysteel has expanded its capital markets leadership with the appointment of Jakob Nicholls as Managing Director for the Northwest Capital Markets platform. In this newly defined role, Nicholls is tasked with building out a dedicated investment sales and capital markets execution business focused on office and industrial assets across the broader Northwest region.

Operating from Seattle, Nicholls will concentrate on institutional investment activity in and around the Seattle and Portland metropolitan areas, as well as other nearby Northwest markets. His mandate covers both office and industrial investment sales and related capital markets solutions, with an emphasis on institutional-grade transactions.

Before joining Greysteel, Nicholls served as Managing Director and Partner on Newmark’s West Coast Capital Markets team. During his tenure there, he worked on institutional investment sales and provided support on debt placement and structured finance assignments. His transaction experience spans office, industrial, land, and additional property types, giving him broad exposure to different segments of the commercial real estate landscape in the Northwest.

The move to Greysteel brings more than eight years of regionally focused experience under one platform. Nicholls has spent his career concentrating on capital markets activity throughout the Northwest, developing a track record in both core institutional deals and more complex situations. His background includes work on distressed and value-add transactions, areas that often require nuanced capital structuring and execution.

At Greysteel, Nicholls will be responsible for further defining and scaling the firm’s office and industrial investment sales presence in the Northwest. This includes leading client coverage for investors, owners, and other market participants active in the Seattle and Portland areas, as well as extending Greysteel’s reach into surrounding markets.

By centralizing its Northwest office and industrial investment sales efforts under a single leadership role, Greysteel is positioning its capital markets team to address a range of transaction profiles, from stabilized institutional assets to more opportunistic, value-add or distressed situations. Nicholls’ experience with both investment sales and capital solutions is expected to align with Greysteel’s efforts to provide integrated advisory services across the region.

The appointment underscores the firm’s focus on enhancing its capital markets capabilities in key West Coast hubs. With Nicholls based in Seattle and concentrating on the Seattle and Portland metropolitan areas and neighboring markets, Greysteel is aiming to deepen its engagement with investors, lenders, and owners active in Northwest office and industrial real estate.

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