Jon Runstad, Prolific Seattle Developer and Philanthropist, Dies at 81
H. Jon Runstad, the Seattle visionary, civic leader, and philanthropist, passed away at his home on June 20 after a long illness. A prominent commercial real estate developer, his career spanned over 50 years and helped shape the Seattle skyline.
As CEO of Wright Runstad & Company, he oversaw the development of nearly 20 million square feet of commercial real estate occupied by tenants such as Microsoft, Amazon, and Facebook. His portfolio included large-scale commercial real estate, government, and medical buildings, in Seattle, Bellevue, Olympia, Boise, Portland, and Los Angeles.
Some of Runstad’s notable Seattle projects include the redevelopment of Rainier Square, 1201 Third, the former First Interstate building, the first Bellevue high rises, the original Microsoft campus, The Spring District in Bellevue, and the redevelopment of the University of Washington Husky Stadium.
Runstad earned his MBA from Harvard Business School and was an active philanthropist with a focus on civic causes, entrepreneurial real estate education and local charities, along with his wife Judy.
Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories.
With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.