Kiemle Hagood is a prominent commercial real estate firm headquartered in Spokane, Washington, with additional offices in Coeur d'Alene, Idaho; Kennewick, Washington; and Missoula, Montana. Established in 1971 by Ed Kiemle and Jerry Hagood, the company has grown to become a market leader in the Intermountain Northwest, offering a comprehensive suite of services including commercial sales and leasing, property management, facility maintenance, and multifamily financing and construction management.
Mission and Vision
Kiemle Hagood's mission is to provide services that create value for clients, customers, employees, and the community. The company's vision emphasizes delivering innovative commercial real estate services and products, pursuing opportunities aligned with core competencies while upholding integrity, honesty, ethical conduct, and community involvement.
Key Strategic Focus
The company's strategic focus encompasses a range of services:
- Sales and Leasing: Facilitating transactions across various sectors, including office, retail, industrial, medical office, multifamily, and general commercial properties.
- Property Management: Managing over 15 million square feet of commercial and multifamily space, ensuring optimal performance and tenant satisfaction.
- Facility Maintenance: Through its subsidiary, K&H Facility Services, the company offers comprehensive maintenance and repair services, promoting energy efficiency and sustainable building practices.
- Development and Consulting: Providing expertise in multifamily housing development, refinancing, and construction management to meet the evolving needs of the market.
Financials and Funding
As of recent estimates, Kiemle Hagood generates an annual revenue of approximately $20.3 million, with a workforce of around 135 employees. The company has not publicly disclosed specific funding rounds or external investments, indicating a stable financial position likely supported by its operational revenues.
Technological Platform and Innovation
Kiemle Hagood distinguishes itself through the adoption of energy-efficient building management practices. Since 2011, the company has implemented strategic energy management practices, resulting in significant energy savings for clients. These initiatives include boiler tune-ups, operational training, efficiency monitoring, and transitioning to energy-efficient lighting systems.
Leadership Team
The leadership team at Kiemle Hagood comprises experienced professionals dedicated to the company's mission:
- Gordon Hester: President and CEO, with a tenure at the company since 2007, overseeing strategic direction and operations.
- Tom Quigley: Former Co-owner and Board Chairman, who retired in January 2022 after a 46-year career, contributing significantly to the company's growth and community involvement.
- Larry Soehren: President from 2013, succeeding Tom Quigley, and instrumental in expanding the company's regional presence.
Competitor Profile
In the competitive landscape of commercial real estate in the Intermountain Northwest, Kiemle Hagood faces competition from firms such as Shannon Waltchack, Davidson Homes, and Weichert Realtors. These competitors offer similar services in real estate sales, leasing, and property management, each with their unique market strategies and regional focuses.
Strategic Collaborations and Partnerships
Kiemle Hagood has established significant collaborations to enhance its service offerings:
- K&H Facility Services: A wholly-owned subsidiary providing facility maintenance and repair services, emphasizing energy efficiency and sustainable practices.
- Community Engagement: Active participation in organizations such as Greater Spokane Incorporated, the Downtown Spokane Partnership, and the Spokane Public Facilities District, reflecting a commitment to community development and industry leadership.
Operational Insights
Kiemle Hagood's strategic considerations include:
- Market Position: As a regional leader, the company leverages its extensive portfolio and comprehensive service offerings to maintain a competitive edge.
- Competitive Advantages: A strong emphasis on customer-centric services, energy-efficient practices, and community involvement differentiates Kiemle Hagood in the marketplace.
Strategic Opportunities and Future Directions
Looking ahead, Kiemle Hagood aims to:
- Expand Regional Presence: Continue growth in existing markets and explore opportunities in new regions within the Intermountain Northwest.
- Enhance Service Offerings: Invest in technological advancements and sustainable practices to meet evolving client needs and industry standards.
- Strengthen Community Engagement: Deepen involvement in local initiatives and organizations to foster community development and reinforce the company's commitment to social responsibility.
Contact Information
For more information about Kiemle Hagood and its services, please visit their official website:
Note: Specific contact details such as addresses, phone numbers, and email addresses have been omitted in accordance with the provided instructions.
