top of page


Wakefield Group is part of Wakefield Properties which owns industrial and commercial sites in the United States and Canada. We buy and sell land, develop them with commercial or residential buildings, and sell and lease buildings. Our company has also the capacity to invest in the business development of companies located in our parks. 


In 1996 Steven J. Malsam and James L. Evans joined forces to form Wakefield, a real estate development company.


Together they represent a legacy of real estate experience and success. Evans and Malsam share equal ownersh​ip and both participate in the development process.

Wakefield has enjoyed a great deal of success and boasts a diverse portfolio:


  • Development of a 67-unit townhome project in Issaquah, sold to Essex Realty Trust;

  • Development of a 500-unit apartment site in Marysville, sold to Gateway Development for Navy housing;

  • A 60-acre land deal in Issaquah to develop Trillium Heights at Issaquah Ridge, a 198-unit townhome project sold to Derus Development (retaining 20% interest), The Timbers, a 337-unit rental project sold to Simpson Housing, a 220-room assisted living facility sold to Leisure Care, and a 160,000 sq. ft Class-A office site sold to Opus Northwest.

Wakefield's multi-family sales experience also includes:

  • Freeport Bay, a 24-unit townhome project in Mukilteo;

  • Rivendale, a 76-unit townhome project in Mill Creek; and projects of note:

  • Monterra, a 139-unit project in Mill Creek;

  • DayBreak at Issaquah Ridge, a 90-unit condominium project;

  • The Hawthorne at Mill Creek, a 284-unit rental project;

  • The Kennedy Building a 125-unit apartment and commercial mixed-use mid-rise near the University of Washington; and,

  • Tambark Estates, a 131 small lot development in Mill Creek that was later sold to CamWest Development.


Commercial projects include:

  • A 170,000 sq. ft retail centre in Covington. Covington Center is a shopping destination for the surrounding area. Phase I is home to Office Depot, Payless Shoes, and Applebees; while Kohl’s and an additional 9,000 sq. ft of retail occupy Phase II.

  • Mill Creek Town Center. Wakefield was honored for a 20/20 Vision award for the design and development of this 182,000 sq. ft project. Phase I is anchored by specialty grocer Central Market and the University bookstore and Phase II consists of 69,000 sq. ft of retail and office space, which includes Boston Pizza, Pier 1 Imports, and The Everett Clinic. Both phases were recently sold to Panos Properties, LLC. Mira Vida, a 36-unit condominium building rounds out the dynamic shopping and living environment of Mill Creek Town Center.

  • Snohomish Station is another destination shopping centre, located in the heart of Snohomish, Washington. The 335,000 sq. ft. project is anchored by Fred Meyer, Kohl’s and Home Depot and includes tenants such as Outback Steakhouse, Subway, Verizon, Sally’s Beauty Supply, and Starbucks.​


Next for Wakefield:

  • The Marketplace, a 211,000 sq. ft commercial shopping centre in Marysville, WA with The Lodge, a neighboring 342-unit residential apartment complex. 

  • Covington Crossing, a 76,000 sq. ft retail shopping centre located at the crossroads of SR18 and SR516.


bottom of page