Allen Stockbridge |
bXb Business Brokers
114 W Magnolia Street STE 400
BELLINGHAM, WA 98225
360-223-8346
Company Overview
Allen started his career with Coldwell Banker Commercial (now CB Richard Ellis) in 1984 after graduating from the University of Maryland School of Law in Baltimore. Since entering the industry, Allen has had 40 years of transactional experience in commercial real estate and business brokerage, including leasing and sales in office, retail, industrial, multi-family and medical properties, business sales in conjunction with real property, and land sales for industrial, hospitality and residential development.
Before founding bXb Business Brokers and specializing in mid-market Business Brokerage, Allen was Designated Broker for eXp Commercial in Washington, a subsidiary of EXPI (NASDAQ), an international real estate conglomerate founded in Bellingham in 2009. He was responsible for developing the business and commercial real estate brokerage operation throughout Washington State and served as a Mentor for upcoming commercial real estate brokers.
Prior to that Allen founded and operated Kulshan Commercial Investment Real Estate, a boutique investment brokerage in the pacific northwest; started a commercial division for KW Commercial operating covering the Seattle metro area; owned and operated a Sperry Van Ness franchise in Utah; opened the Park City office for Colliers Commerce CRG; served as Director of Commercial Real Estate for Prudential Utah.
Additionally, Allen has worked in Site Acquisitions nationally in the automobile emissions inspection industry, PCS mobile communications (cell towers), oil shale, large scale wind projects and solar installations on commercial buildings and land.
Throughout his extensive career in commercial real estate, Allen has stayed active within his community. Stockbridge served as Charter Chair for The Event for the Hungry, the Cold and the Homeless; Charter President of the Rotary Club of Towsontowne; Charter President of the Rotary Club of Park City Sunrise; and Charter President of the Park City Toastmasters Club. He also served as Charter Chair of Park City Singers, and was a member of Class 6 of Leadership Park City and the Leadership Skagit Class of 2016. He is currently a member of the Pacific Northwest Passport Rotary Club.
Allen earned the Certified Exit Planning Advisor (CEPA) designation from the Exit Planning Institute, is completing the requirements for the Certified Business Intermediary (CBI) Designation, has held the Certified Commercial Investment Member (CCIM) designation since 1990, completed the degree requirements for an MBA in the JD/MBA, and graduated from the University of Maryland School of Law with a focus in real estate and business. He received his bachelor’s degree in mass communications from Towson University in Baltimore.
Services Offered
bXb Business Brokers represents sellers of businesses with revenues of $750,000 or more with expected selling prices of $1-15 million. We also represent the sale of the associated real estate due to our extensive experience facilitating transactions in commercial investment real estate and user real estate nationally. Starting with a valuation of the business and a discussion of the business owners’ plans for the of the funds, and wealth management (including sufficiency for retirement), we use our custom tools to package, market and close on the sale of the business.
Broker Profile
Due to my extensive experience nationally in facilitating sales of commercial investment real estate, development land, and working on user leases and strategic property acquisitions, we are very well suited for more complex businesses which include Real Estate as part of the disposition strategy.
Areas Served
Washington, Maryland, New England, Utah
Affiliations
Certified Commercial Investment Member, Exit Planning Institute
