Commercial Development
ROI Commercial Real
Estate, Inc. was born from a creative vision and a passion for developing
strategic solutions with inspiration, knowledge and exceptional execution. ROI's
inspiration is reflected in the development and growth of opportunities in the value
creation or development business. Every opportunity has complexity, risk, and challenge.
It may be a slight environmental issue; a property located in a fringe area; a neglected,
obsolete or tired property; excessive vacancy or insufficient current cash flow; a current
use, which may not be it's highest and best. Or, there may simply be a timing problem:
only a brief window of time to take advantage of an apparent bargain.
During the 1980's ROI's
founder, Barbara Nelson, witnessed the free-spending and irresponsible lending of the
commercial financial institutions. Office towers were being built in down town Seattle at
a rate of two a year in a market place that could only absorb one every three years. There
was easy money. In 1984 the office market in Seattle crashed. The shopping center industry
was going strong and every smart developer switched from office development and built
shopping centers including Barbara Nelson. Ms. Nelson saw the contraction of the financial
institutions; particularly those who put too much capital during the Office Development
"boom". The Savings and Loan financial world blew apart in 1992 and the
development world smarted from the profit-taking credit crunch of those institutions. The
developers experienced these institutions tightening their criteria of lending practices
and even exiting the lending business all together. Developers were losing their projects,
their equity and their investors. 1993 the industry's motto was "stay alive until
1995." ROI did this. They were smart. They
re-grouped and used their expertise to help retailers come into the Washington market.
They leased other property owner's projects that needed help getting tenants. ROI
developed their own business by taking the years of development expertise and found
clients that appreciated their talents.
In the past 20 years Ms. Nelson and ROI Commercial Real Estate, Inc. have been involved in or
responsible for the initial success of: The Westin World office headquarters, Seattle
Washington; 520 Pike Office Tower, Seattle, WA.; Sister of Providence, West Seattle Health
Clinic, West Seattle, WA; Ballinger Village Shopping Center, Seattle, WA; Cascade Commons
Shopping Center, Hood river, Oregon, Powell Street Station Shopping Center, Portland, OR.;
Twin City Center shopping center, Longview, WA.; Airport Place office building, SeaTac,
WA.; Ross Plaza Shopping Center; Silverdale, WA.; Clearwater Spas Headquarters,
Woodinville, WA; Woodinville Fire Life Safety District 31 new headquarters, Woodinville,
WA. , Society of Saint Vincent de Paul new retail store, Kenmore, WA, Pier One Imports new
retail stores in Lynnwood, 2 in Spokane, Tacoma Mall, Issaquah, and Redmond, WA., Maltby
Valley View Industrial Park, Maltby, WA.; Everett, Auburn, Maple Valley, Woodinville and
Normandy Park, Washington locations for Kid's County, Inc.
The opportunity, as viewed through ROI's development background, has been to successfully
identify the buyer or seller who wishes to participate with the deal's risk. Sellers and
Buyers recognize the value hiding under the dirt, because they can also recognize the
talents of a company that has energy and expertise to uncover that value.
View our current listings of
Properties for Sale HERE