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Eric Postle, Managing Principal

4 Lake Bellevue Drive, Bellevue, Washington, 98005 USA
+1 (425) 698-1212

Seattle, Washington

Commercial Real Estate

ITRA Global | Seattle

As the Managing Principal for ITRA Global Seattle, Eric Postle helps clients to achieve corporate real estate solutions that align with their strategic objectives while positively impacting their business outcome and the bottom line.

ITRA Global Seattle’s real estate services include lease negotiations, lease renewals, expansions, property sales/dispositions, subletting, purchase acquisition, ground up built to suit, lease administration, strategic consulting, site selection, sale lease-back and 1031 exchanges.

Prior to ITRA Global Seattle, Eric Postle held leadership positions as a top producing tenant advisor for over 30 years in commercial real estate services firms including Cushman and Wakefield, NAI Puget Sound Properties, and Washington Partners.  Eric exclusively represents corporate end users in commercial real estate assignments in Washington State and throughout the United States where he successfully negotiated over 11,000,000 square feet of commercial real estate leasing and acquisitions assignments with no conflict of interest.  

Eric has served as the chapter President for both the International Facility Managers Association – Seattle, and the Washington State Society of Industrial and Office Brokers. He is also a past nominee for the SIOR Washington State broker of the year. Eric has held a position on the Bellevue Rotary Club board of directors and is a current board member for The Rose International Fund for Children.

Services

Tenant Representation

• Site Selection

• Leasing and Renewals

• Subleasing, Assignment, Disposition

• Purchase & Owner/Users

• 1031 Exchanges

• Sale Lease-backs

• Build-to-suits & Development

Practice Areas

• Biotech & Life-sciences Laboratories

• Warehouse & Storage

• Flex & R&D Showrooms

Following are a few interesting facts about Seattle and its commercial real estate market…

  • Seattle is the largest city in both the state of Washington and the Pacific Northwest region of North America, and, according to U.S. Census data released in 2019, the Seattle metropolitan area is the 15th-largest in the United States. 
  • Logging was Seattle’s first major industry, but by the late 19th century, the city had become a commercial and shipbuilding center as a gateway to Alaska during the Klondike Gold Rush.
  •   Growth after World War II was partially due to the local Boeing company, which established Seattle as a center for aircraft manufacturing. 
  • The Seattle area developed into a technology center from the 1980s onwards with companies like Microsoft becoming established in the region; Microsoft founder Bill Gates is a Seattlelite by birth. 
  • Internet retailer Amazon was founded in Seattle in 1994, and major airline Alaska Airlines is based in SeaTac, Washington, serving Seattle’s international airport, Seattle-Tacoma International Airport. 
  • The stream of new software, biotechnology, and Internet companies led to an economic revival, which increased the city’s population by almost 50,000 between 1990 and 2000.
  • Seattle and the state of Washington have some of the highest minimum wages in the country, at $15 per hour for smaller businesses and $16 for the city’s largest employers.