Timothy J. Farrell
Tim Farrell joins Madison Bay Commercial from Turning Point Asset Management, LLC, where he provides real estate investment, development, asset management, and advisory services to the industrial and logistics space, both domestically and internationally.
For over 25 years, Tim has successfully positioned diverse portfolios of industrial, logistics, commercial, office, and related properties. Tim's success is based on detailed and creative analysis, combined with a customer-centric approach to generating financial and operational efficiencies.
As CEO of the Port of Tacoma, he oversaw 60% growth of Port assets to $1.2 billion over a five year period. Mr. Farrell created the Massachusetts Port Authority's Marine Terminal Optimization Program and its Five-Year Financial Plan, increasing asset utilization and improving operating margins by 87%.
Tim held financial, asset management, and executive roles at Massachusetts Port Authority, and served the Port of Tacoma as Deputy Executive Director and then as CEO. As a consultant, Tim has supported the Port of Seattle in the fishing, marina, bunkering, and barging sectors.
Tim’s academic credentials include a Master's degree from the University of Washington with an emphasis on Port & Marine Transportation Management, and a Bachelor's degree in Philosophy, cum laude, with High Honors from Middleburry College. Tim also attended Williams College with a semester in American Maritime Studies. Tim lives in Seattle's Laurelhurst neighborhood with his wife and three young children.