The announcement comes as the investment management firm celebrates 50 years of service to Portland and the Pacific Northwest

Ferguson Wellman Capital Management and TMT Development announced today that an 11-year lease has been signed between the respective companies. The long-term lease agreement includes one and a half floors of office space for Ferguson Wellman to occupy in TMT’s Fox Tower in Portland.

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Ferguson Wellman was founded in 1975 and has deep roots in the Portland community and Pacific Northwest. For the past 50 years, it’s been providing investment management services to clients in the region and throughout the U.S. Ferguson Wellman is consistently ranked among the nation’s leading investment and wealth management firms. In addition to its main office in Portland, the firm has an office located in Bellevue, Washington.

“I’m so happy to welcome the Ferguson Wellman team to Fox Tower,” said Vanessa Sturgeon, president of TMT Development. “For 50 years, Ferguson Wellman has been a staple of our city and the Pacific Northwest. Their commitment to downtown Portland is a significant win for our community.”

With Ferguson Wellman’s current lease being up for renewal in 2025, a team was established to identify options that supported the firm’s long-term growth. Led by Tara Kinateder, the Ferguson Wellman team partnered with Michelle Schulz at GBD Architects, Matt Cole at Apex Real Estate Partners and Kimberlee Stafford at Tonkon Torp. Vanessa Sturgeon helped finalize the Fox Tower deal toward the end of the process.

"Our founders made downtown Portland their home 50 years ago," said Tara Kinateder, CEPA^®, principal and portfolio manager at Ferguson Wellman. "Our move to Fox Tower is a long-term investment in the future growth of our firm. Knowing many of our clients, colleagues and professional partners are located throughout the Portland metro area and Southwest Washington, we decided that sticking to our roots and staying downtown was absolutely the best decision for us."

In March of 2022, Ferguson Wellman was one of the first professional services firms to return to work full time in downtown Portland. Their board of directors decided early in the pandemic to continue to be a work-from-work company to enhance our culture and client service. A structured approach to remote work was established for employees periodically needing to work outside of the office.

In addition to its support for clients, Ferguson Wellman has remained steadfast in its commitment to serving the community through direct giving and employee board nonprofit involvement. The team manages the investments of more than 60 nonprofits and serves on more than 50 nonprofit boards in the region. In its 50^th year, Ferguson Wellman announced dedicated resources to financial literacy through $50,000 in donations and the distribution of their DollarSense education videos.

Ferguson Wellman and West Bearing Investments, a division of Ferguson Wellman, have been recognized as one of the nation’s leading firms providing investment and wealth management services. See more about their awards disclosures and methodology through this link.

• CNBC: 2024 “Financial Advisor 100” ranking of No. 10 out of 100 companies
• Barron’s: 2024 “Top 100 RIA Firms” ranking of No. 62 out of 100 companies
• Forbes: 2024 “Top RIA Firms” ranking No. 46 out of 250 companies

About Ferguson Wellman Capital Management

Ferguson Wellman is an employee-owned investment advisory firm founded in 1975. The firm manages $9.6 billion for 1,050 individual and institutional clients, offering customized investment portfolios and holistic wealth planning strategies starting at $4 million. Ferguson Wellman has two divisions: West Bearing Investments for clients with $1 million investable assets and their private family office, Octavia Group for clients with assets starting at $10 million. Ferguson Wellman has been included in national rankings in 2024 by Forbes, Barron’s and CNBC. For more information, visit www.fergusonwellman.com (data as of 6/30/2025).

About TMT Development

TMT Development has been in the commercial real estate development and property management business for over twenty years and is dedicated to quality, personal involvement with a focus on customer satisfaction. By building relationships with tenants, fellow business owners and local vendors, TMT Development is invested in the Portland community. With a strong commitment to sustainable development and green leadership, TMT Development has partnered with U.S. Green Building Council for LEED certification, Energy Trust of Oregon, Recycle at Work, BlueSky, Energy Star and Sustainability at Work. www.tmtdevelopment.com

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