Our Team

Who we are

Commencement Bay Development is a full-service development firm serving the Greater Puget Sound Region. Our design-build approach to construction is simple...commercial development
is not!

We start by understanding your goals. From site or building assessment, project due diligence, preliminary cost estimation and timelines, we consult you on all factors that impact your project.

Then a strategic plan is implemented. We assemble specialists that are best suited for your project. Our process is the management of the design teams vision, the contractor’s reality, and meeting the budgetary constraints of both yourself and your lender. This process ensures the complete realization of your project.

ERIC CEDERSTRAND, PRESIDENT

Eric has spent more than 30 years in the commercial real estate industry involved in both development and commercial brokerage. During his career, Eric has been involved in transactions valued at over $1.1 billion, this includes; multi-family, office, retail, historic and land development.

Eric’s development experience includes:

Thea’s Landing, Tacoma, WA
Northwest Landing Master Planning, Dupont, WA
Creekside Apartments, Dupont, WA
TRC Tower, Tacoma, WA
El Gaucho & The Melting Pot Restaurants,

Tacoma, WA

Northwest Motorsports, Puyallup, WA

BRAD NAKAMURA, CFO
Brad brings to CBD more than 35 years of construction and development experience:
13 + years at Trans-Pacific Development advancing from Controller and Property Manager to CFO.
14+ years at Rushforth Construction Co as Controller, CFO, and VP and Director of Project Finance. Brad was also one of the principal shareholders of Rushforth Construction from 2001 to 2009 when they sold, and he stayed on with the new ownership until March 2012, and he has been with CBD since then.

Brad’s development experience includes:
Trans-Pacific Industrial Park, Phase I & II, Fife, WA
Trans-Pacific Trade Center, Fife, WA
Fife Professional Building, Fife, WA
Portside Industrial Park, Fife, WA

12th Street East Dev. Office Building, Fife, WA

Creekside Apartments, Dupont, WA

LIA ESTIGOY, VICE PRESIDENT
Lia has been with CBD for more than

20 years. She is responsible for project management, property management, and everything in-between. Prior to joining CBD, Lia was a Project Manager at Sellen Construction for 9 years. Lia earned her Bachelor of Science from the University of Washington in Construction Management.

Lia’s development experience includes:
Creekside Apartments, Dupont, WA
Thea’s Landing, Tacoma, WA
Fisher Plaza, Seattle, WA
1123 Pacific Ave., Tacoma, WA
Payless Kress, Tacoma, WA

Northwest Motorsports, Puyallup, WA