CP Exchange | Seattle 2019

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On February 28th, movers and shakers from all areas of commercial real estate filed in to Belltown for an evening of Thinking Forward.

For their seventh CP Exchange, Capital Pacific brought together Jack McCullough, the Northwest’s top land-use lawyer, Bryan Copley, CEO of technology company CityBldr, and MJ Munsell, Principal Architect at MG2 – one of the Nation’s largest architecture firms.

The evening kicked off with an energetic cocktail hour in the hip space of Block 41, the impeccably renovated 1927 former ice house. Afterwards guests settled in for insights from the speakers followed by a Q&A moderated by Sean Tufts of Capital Pacific.

THE SPEAKERS

Jack McCullough  |  McCullough Hill Leary, PS

Bryan Copley  |  CityBldr

MJ Munsell  |  MG2

INSIGHTS FROM JACK MCCULLOUGH
“Light rail is going to remake this region in a way I think people can’t fathom right now. It’s going to be a complete game changer.”


INSIGHTS FROM BRYAN COPLEY

“Not all downturns are created equal. If you look at San Francisco in the last downturn, there wasn’t really a downturn. That’s because there was an immense amount of job creation during that time – Seattle is the new San Francisco.”


INSIGHTS FROM MJ MUNSELL

“Direct-to-consumer brands are growing 3x faster than other e-commerce retailers.”

INSIGHTS FROM JACK MCCULLOUGH
“There is going to be more office opportunity outside of the cores, Bellevue and Seattle, particularly in Seattle because we have exhausted our land supply.”


INSIGHTS FROM BRYAN COPLEY

“Builders are taking the agrarian rural lifestyle of the suburbs and bringing it into the city.”


INSIGHTS FROM MJ MUNSELL

“Consumers seek purpose-led brands that aren’t afraid to lead on change.”

INSIGHTS FROM JACK MCCULLOUGH
“We are supposed to add 50,000 new jobs over the next twenty years. The problem is there is no place to put them in Downtown Seattle and the Seattle core. You can’t go west, you can’t go north, and you really can’t go east.”


INSIGHTS FROM BRYAN COPLEY

“Seattle has done a much better job at keeping large employers here and creating places for their employees than San Francisco.”


INSIGHTS FROM MJ MUNSELL

“One third of consumers admit they would rather interact with someone online than in person.”