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Panattoni Realigns Responsibilities in Portland, Oregon and Seattle, Washington
April 2004

Mike Wells now will be redevoting all of his time to the Portland, Oregon/Clark County, Washington market for Panattoni Development Company, one of the nation’s leading commercial and industrial real estate development firms. Prior to this, Wells was in charge of the company’s activities in Portland, Oregon and Seattle, Washington.

Wells, a partner in the firm, was instrumental in hiring Bart Brynestad as a new partner to direct Panattoni’s operations in Seattle. Brynestad also had been active in the Seattle market for Opus Northwest, LLC.

“Bringing Bart on board will allow me to concentrate wholly on the potential here in Portland, which I believe is extraordinary at this time,” Wells commented. Panattoni has already developed more than 545,000 square feet in Oregon.

Panattoni Development Company (PDC) is a privately held, full service development company founded in 1986 by Carl Panattoni. During the last 5 years the firm has averaged nearly 10 million square feet of development annually, one of the most active records in the nation. PDC has developed and managed industrial, office and retail facilities in more than 100 markets throughout the United States. The firm is headquartered in Sacramento, California, and maintains over 16 regional offices across the country. For more information about Panattoni Development Company, visit the company website at www.panattoni.com.


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