Underwood Gartland Development is a full service commercial development company building primarily in the King County and Snohomish County industrial markets. Since its inception in 1993, the company has brought over 1,500,000 square feet of industrial and office space to the market--all fully leased or sold. The company's principals are M. Shannon Underwood, a real estate transactional attorney with extensive commercial development and property management background and David J. Gartland, a professional engineer with a Master's of Science in Taxation. Our third member is Sean J. Underwood, a graduate of the University of Washington Foster School of Business. Sean brings a finance background to our group. Sean is currently enrolled in the University of Washington's Masters in Real Estate degree program. He holds Series 7 and 63 licenses.
The principals directly perform or supervise every aspect of the development process from the genesis of a development need to stabilization of the completed project. Services provided include feasibility studies, budget analysis, market analysis, arrangement of construction financing, civil, structural, and architectural plan review, project permitting, legal, title, and tax work, construction management, budget and project management, permanent financing and leasing management.
All three partners are active members of NAIOP, the Commercial Development Association. Shannon is a past President of the 1,000+ Washington State NAIOP chapter and a past member of its National Board of Directors. Sean sits on the membership committee and is the student liaison. She is a current member of the Advisory Board for University of Washington Runstad Center for Real Estate Studies and is a Past Commodore of Meydenbauer Bay Yacht Club.