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MULTIFAMILY INVESTMENTS

THE TEAM OF TED SIPILA & AUSTIN KELLEY

TEAM

Ted Sipila and Austin Kelley of Kidder Mathews lead a multifamily investment brokerage team that specializes in property sales of both apartments and development sites throughout the West Coast.

With over 30 years of experience, Ted and Austin are experts in the strategic acquisition and disposition of properties, specializing in markets ranging from South King down to Clarke County. Ted and Austin have built a reputation for going above and beyond for the client, with the primary focus of seeking long-term partners and creating client wealth.

Ted Sipila and Austin Kelley of Kidder Mathews lead a multifamily investment brokerage team specializing in property sales of ​ apartments and development sites throughout the West Coast.

With over 30 years of experience, Ted and Austin are experts in the strategic acquisition and disposition of properties, specializing in markets ranging from South King down to Clarke County. Ted and Austin have built a reputation for going above and beyond for the client, with the primary focus of seeking long-term partners and creating client wealth.

TED SIPILA,

CCIM
SENIOR VICE PRESIDENT
SHAREHOLDER

Ted Sipila specializes in apartment and investment sales, and provides investment analysis, brokerage and consulting services. He has worked for the Tacoma office of Kidder Mathews since 1992. Prior to his association with Kidder Mathews, he was a commercial property manager for Pacific Cities, Inc., in Tacoma, Washington. Ted received his Bachelor of Arts degree in business administration from the University of Washington with concentrations in marketing and finance.

AUSTIN KELLEY

SENIOR VICE PRESIDENT
SHAREHOLDER

Austin Kelley joined Kidder Mathews in 2017, specializing in multifamily and investment sales for both South King County and Pierce County. In partnership with Ted Sipila, CCIM, they have sold $80+ million in assets this year. Born and raised in Tacoma, WA, Austin prioritizes client satisfaction, while bringing extensive market knowledge and local strategy to the table. Austin is a standout in Pierce County for his focus and drive, always informing clients of his findings in new, up-and-coming areas in Puget Sound.

TEAM STATS

Ted Sipila and Austin Kelley have a​ proven track record

69

CLOSED TRANSACTIONS SINCE 2019

35+

YEARS OF EXPERIENCE

$250M

TOTAL VOLUME SINCE 2019

Our focus IS CREATING GENERATIONAL WEALTH​ FOR OUR CLIENTS THROUGH THE ACQUISITION, DISPOSITION, AND DEVELOPMENT​ OF MULTIFAMILY UNITS THROUGHOUT the PUGET SOUND REGION

LET'S TALK

Do you have a property you’re interested in receiving an offer for, but don’t want to list your property?
Are you in the middle of a 1031 exchange and need options for your upleg?

Off-market opportunities can sometimes be the most effective way to meet specific investor goals. Whether you’re curious what pricing your property would achieve but don’t want to commit to listing it or be under the 1031 time crunch of looking for a replacement property — we are your experts. We take pride in our thorough knowledge of needs and leads throughout the region, and we always strive to provide multiple opportunities for any client requirement.

CASE STUDIES

tanglewilde development

Olympia, WA

SITE TYPE

Development

TOTAL SITE AREA

8.4AC

TOTAL UNITS

177

SALE PRICE

$4.425M

kensington townhomes

Tumwater, WA

PROPERTY TYPE

Townhomes

UNITS

32

SALE PRICE

$8.6M

CAP RATE

4.88%

olympic view

Port Orchard, WA

PROPERTY TYPE

Garden style

UNITS

38

SALE PRICE

$10.2M

CAP RATE

5%

lynwood commons

Bainbridge Island, WA

PROPERTY TYPE

Mixed-use

TOTAL UNITS

33

SALE PRICE

$8.72M

PRICE INCREASE FROM PREVIOUS SALE

27%

meridian greens I&II

Puyallup, WA

PROPERTY TYPE

Multifamily/ Development

TOTAL UNITS

50

SALE PRICE

$5.175M

CAP RATE

5%

stillwater apartments

Tacoma, WA

PROPERTY TYPE

Midrise Apartments

TOTAL UNITS

26

SALE PRICE

$5.95/SF

PRICE INCREASE FROM PREVIOUS SALE

26%

KIDDER MATHEWS OVERVIEW

the edgein your market

For over 55 years, our clients have gotten the best of both worlds — independent counsel from trusted experts, working as part of the largest privately held commercial real estate firm on the West Coast. Today Kidder Mathews has over 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Nevada, and Arizona.

Kidder Mathews SERVICES

Commercial Brokerage

Asset Services

Valuation Advisory

Debt & Equity Finance

AWARD-WINNING SERVICES

180+

Times Ranked as a Largest CRE Firm

90+

Awards for Best Places to Work

10+

National Awards for CRE Marketing

6X

Inc. 5000 Fastest Growing Private Companies

Commercial Brokerage

500+

no. of Brokers

$10B

3-year average transaction Volume

Asset Services

51M sf

management portfolio

750+

assets under
management

Valuation Advisory

2,600

3-year average assignments

44/23

total no. of
appraisers/mai's

Why Kidder Mathews?

Since 1969, Kidder Mathews has been delivering results that meet, and often exceed, client expectations. Today, Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with 900 real estate professionals and employees in 20 offices along the West Coast.
OUR SERVICES

Brokerage

Asset Services

Valuation Advisory

Consulting

Debt & Equity

Construction Management

COMMERCIAL BROKERAGE

460+

BROKERS

$10.9b

ANNUAL TRANSACTION VOLUME

43.7m

ANNUAL LEASING SF

49.7m

BROKERS
VALUATION ADVISORY

2,600+

APPRAISALS ANNUALLY

51/21

TOTAL NO. APPRAISERS/MAI'S
ASSET SERVICES

62M

MANAGEMENT PORTFOLIO SF

$11b

ASSETS UNDER MANAGEMENT

OUR SERVICES

Brokerage

Asset Services

Valuation Advisory

Consulting

Debt & Equity

Construction Management

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TED SIPILA,​ CCIM

SENIOR VICE PRESIDENT | ​ SHAREHOLDER

AUSTIN KELLEY

SENIOR VICE PRESIDENT | SHAREHOLDER

1201 Pacific Avenue, Suite 1400 ​ | ​ Tacoma, WA 98402


The team of Ted Sipila and Austin Kelley are members of the Kidder Mathews Multifamily Investments group. Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Arizona, and Nevada. For more information, visit
kidder.com.

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