By james art Kidder Matthews named Orange County veteran as new president.
The Seattle-based broker has tapped Eric Paulson to oversee its 500 brokers in 19 offices in Washington, Oregon, California, Idaho, Nevada and Arizona, the Puget Sound Business Journal reported.
Paulson will lead the firm from his office in Irvine, Southern California. He succeeds Mark Reid, who is moving into an advisory role.
A thirty-five-year real estate veteran, Paulsen has been the main driver behind Kidder Mathews’ growth, company officials said.
Since joining the firm in 2021 as regional president of brokerage in Southern California and Arizona, he has recruited nearly 50 brokers, resulting in $7.3 billion in sales volume and more than 4,600 commercial real estate transactions.
“This promotion marks an important step in our ongoing succession planning,” Kidder Mathews Chairman and CEO Bill Frame said in a statement. “His experience, positive personality and drive to win make him the perfect fit to lead our growth and expand our outstanding company culture.”
Before working at Kidder Mathews, Paulson was CEO of Topside Real Estate in Newport Beach and a managing director in Cushman & Wakefield’s Orange County and Inland Empire offices, according to the Business Journal.
He has also held leadership positions at Ten-X Commercial as well as LNR Property where he was instrumental in development deals and the underwriting and acquisition of multi-billion dollar commercial mortgage secured positions.
During his career, Paulsen has closed nearly $10 billion in commercial real estate transactions in the United States. Before becoming a leader, Paulsen worked as an investment broker at CBRE for more than a decade.
“I am excited about the incredible opportunity to build on our momentum, working with teams across all services to drive even greater growth,” Paulsen said of his new role at Kidder Mathews.
Kidder Matthews, founded in 1969, claims to be the largest fully independent commercial real estate firm in the West, according to its website, with $10 billion in annual transactions, including 31.7 square feet of annual sales and 42.4 million square feet annual rents.
— Dana Bartholomew
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