SteelWave is a privately held full-service creative life science, creative office, and industrial real estate management firm.

We create spaces focused on elevated and exceptional user experiences. Through unparalleled design and thoughtful execution, we spark creativity and invigorate collaboration.
SteelWave and its predecessor companies, Legacy Partners Commercial and Lincoln Property West, have been active in commercial real estate for over 50 years. We are a vertically integrated real estate company, believing that an “all-hands-on deck” team approach to managing real estate assets is superior to an allocator’s model of outsourcing to third-party service providers.
Strength + Flexibility
We’ve built a reputation for successful execution by sourcing sound investments in our 7 key markets.
We operate in Northern California, Southern California, Denver, Seattle, Portland, Austin, and Phoenix. Since inception, our team has acquired, designed, developed, entitled, or managed 61.3 million SF of industrial space, 51.2 million SF of office product, over 2.5 million sf of mixed-use, 1,500 multifamily units, and 7.8 million SF of life science R&D, representing an investment of over $17.6 billion. Our clients include some of the world’s most influential companies in tech, media, healthcare, biotech, and professional services.






Vertically integrated & differentiated by design, leading our clients into a new era of commercial real estate.
Core Values
- 0101ExperienceWe are one of the most seasoned real estate investment teams in the Western United States, investing across multiple market cycles with an elite group of capital providers for over 50 years. The 21 most senior SteelWave professionals have an average tenure of 23 years working together as a team, and 32 years in the real estate industry. 
- 0202ExecutionThe saying goes: if you want something done right, do it yourself. That's why we do it all. We believe that an all-hands-on-deck team approach to managing real estate assets are superior to an allocator's model of outsourcing to a variety of third-party service providers. To that end, we've built a fully integrated development, acquisition, asset management, property management, leasing, architectural and construction company. We work collaboratively as a team to manage every aspect of each project, enabling us to provide consistent execution and attention to detail. 
- 0303InnovationWe embrace innovation and see opportunity where others can’t. We think without limitations to create change instead of waiting to adapt to change. 
- 0404PassionWe are deeply passionate about what we do, how we do it and when we do it. We hire and nurture team members who have demonstrated a track record of passion and a commitment to excellence in everything that they do. These are the attributes that define the essence of who we are as individuals and as a company. 

Our Team
As creative problem-solvers, SteelWave creates exceptional environments and delivers enduring value for every investor, partner, and client.
- Monica Baytos - Regional Vice President, Denver Metropolitan Area and Texas 
- Nancy Chau - Chief Administrative Officer 
- Michelle Crabtree - Regional Vice President, Seattle & Portland 
- Barry DiRaimondo - Co-Founder, Chief Executive Officer & Chairman 
- Laura DeFlores - Senior Vice President, Property Management Services & CDS 
- Steve Dunn - Senior Managing Director, A&D, San Francisco Bay Area 
- Aaron Dwinell - Managing Director, A&D, Seattle, Portland 
- Matt Ford - Creative Director 
Capital Partners
We co-invest side-by-side with our capital partners, managing our partners’ capital as if it were our own.
 - Affinius Capital 
 - Rialto 
 - LaSalle Investment 
 - Principal 
 - Angelo Gordon 
 - Ares 
 - Chenco Holdings 
 - Harbert Management 
 - Brookfield 
 - Steerpoint Capital 
 - Barings 
 - Invesco 


- City of Hope 
- Children’s Hospital Los Angeles 
- FACES SF 
- St. Jude Children's Research Hospital 
- Silicon Valley Community Foundation 
- Tennyson Center for Children 
- Food Lifeline 
- Pretend City Children's Museum 
- Sheriffs And You Foundation 
- Sunflower Hill 
- Children's Hospital of Oakland 
- Haas School of Business 
Making a
meaningful
impact
SteelWave doesn’t just create spaces—we create communities. We’re proud to give back to the organizations that make our communities healthier and more resilient.