VECTOR IS A COMMERCIAL REAL-ESTATE DEVELOPMENT, INVESTMENT AND ASSET MANAGEMENT FIRM. 

Vector's experience includes multiple project types including office, industrial and hotel development projects.

history

Founded by Tyler Litzenberger, located in Pacific Northwest, Vector is a commercial real estate development, investment, and asset management firm. At Vector, we believe the end user is the priority, which is why our process is structured to meet the user’s needs. Having experience in multiple markets and being a part of millions of square feet of development and investment projects, we’re striving to provide users with the best experience they’ll find in the Seattle market. 

Whether we’re investing for our own account or providing 3rd party services, our hallmark is the same: to make the process seamless, transparent and enjoyable. 

our services

development

The core of real estate development is providing first class real estate solutions for end users. Decision making through the development process begins with a thorough understanding of the local market, taking cost of living, traffic patterns and desirable neighborhoods into consideration. At Vector, we develop property with these fundamentals in mind, and investor returns will follow. 

VECTOR DEVELOPMENT CAPABILITIES INCLUDE: 

  • Site selection
  • Business plan creation
  • Project underwriting
  • Capital stack generation
  • Entitlements and permitting
  • Contractor selection
  • Project oversight through construction
  • Project close-out
  • Leasing
  • Exit strategy execution 
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Vector brings passion to the development process so that our users can thoroughly enjoy the end result.

project
management

Vector provides build-to-suit project management for businesses of all sizes and uses. Vector excels in land constrained markets with high barriers to entry, where entitlement and permitting challenges can slow projects down. At Vector, we pride ourselves on providing a very detailed level of project management, reflective of the passion our clients have running their businesses. 

VECTOR PROJECT MANAGEMENT CAPABILITIES INCLUDE: 

  • Site selection
  • Business plan creation
  • Project underwriting
  • Capital stack generation
  • Entitlements and permitting
  • Contractor selection
  • Project oversight through construction
  • Project close-out
  • Leasing
  • Exit strategy execution 
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From tenant improvement projects to ground-up construction, Vector leadership will deliver results. 

Asset
management

Vector realizes this. By cultivating the tenant/landlord relationship, properties will perform at their financial peak throughout the lease term, making the asset well positioned for market fluctuations. Having an owner-minded asset manager will provide unparalleled financial results, exceeding client expectations. 

VECTOR DEVELOPMENT CAPABILITIES INCLUDE: 

  • Leasing
  • Contract negotiation guidance
  • Tenant improvement project management
  • Ongoing property management 
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Strong tenant relations is a core fundamental of successful real estate investments.

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investment

Vector is committed to providing fundamentally strong investment opportunities through partnerships on all scales. Whether individuals or institutions, small or large, investors can find solutions to seeking higher rates of returns than alternative investment vehicles. Vector sources, underwrites and manages existing value-add investment properties while executing a custom strategy for success with each acquisition. 

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our philosphy

We are building a company that has a relatively flat decision-making process internally with quick decisions.

In our market, the core customer is really the tenant that's leasing the space.

For a tenant to be able to work with us and get stuff done quickly without having to go through layers of management is a positive. We’ve heard from the brokerage community in the market, that when it comes to helping tenants get decisions made quickly with just a phone call instead of having to go through an internal approval process like big developers have to go through, it makes the tenants and brokers happier, and a better relationship is built all around.

Our intent is to refocus the real estate product back to the tenant and what the tenant really needs in a world of competitors that are focused more on their bottom line and how they're trying to maximize every dollar they can for profit out of the project.

We focus our efforts on building a strong relationship with the tenant. Our competitors focus their decision-making processes on how much does it cost and how much money do we make?

We as the owner are paying the bills and we're the ones taking the risk with our money. Our design team is running lead with the city permitting processes and they get to know the staff better than we do.

We're constantly trying to build the highest and best use project for the site that it sits on. We want to maximize our investors' value as well. A lot of that is pushing hard on the city, but we also provide a better product to the tenant and we're really representing what we need to deliver to the market to satisfy the tenant.

A lot of developers really specialize in one or two product types. So either they do industrial only or they do office and industrial only and they don't take advantage of other opportunities in the market. There are very few developers nationally that apply their experience to various product types and various opportunities in the market.

We saw an opportunity as a developer that has national experience to pursue projects in various locations, in various neighborhoods where there's significant upside because we understand the local market, but we don't need to be a one trick pony in terms of what we build. So, if there's an opportunity to build a hotel on a really well-located lake site - we have the capability and knowledge and experience to be able to do that.

But we also have the relationships to attract capital because we're institutional and we have institutional projects with the relationships to attract capital to a small town whereas a local developer out of Wenatchee or Spokane doesn't necessarily have the relationships in order to bring in enough capital to build a hotel in.

So it's a marrying of - building institutional projects that compete with the national guys for industrial and office, while also being nimble enough to focus on opportunistic land sites and opportunistic locations locally where national developers won't be able to, because they don't have an interest in it, and local developers aren't large enough to take it on in terms of relationships with capital partners.

We would rather build a project that is a physically stronger structure, better looking, and has better attributes in it than our competitors do. In the industrial space, in terms of glass and the office space feeling we like to make it feel less industrial, so the space is more inviting to employees and visitors to the space.

Our buildings physically look better because we don't cut corners. We would rather produce something that when the market softens, and potential tenants drive by our building, it has good curb appeal, and it's the best feeling building of the options that a tenant has.

Combining quality aesthetics and being easy to work with, we develop nice looking buildings, with the intent of our buildings being leased faster.