Felicia Tsao

President - Property Management Division


As President of Property Management for Wallace Properties, Inc., Felicia Tsao oversees all property management operations for Wallace Properties' in-house portfolio and fee-for-service practice which includes office, retail, light industrial and  mixed-use assets. Felicia began her career in design and construction bringing  an in-depth knowledge of tenant improvement projects and capital projects to her current position.  Prior to joining Wallace Properties, Felicia was an associate broker with P.C. Investments specializing in the sales of commercial properties and business opportunities.  After joining Wallace Properties, Felicia transitioned to property management and now works with her property management staff and property accountants to provide exceptional service to a wide spectrum of clients.

professional affiliations

Bellevue Chamber of Commerce

Seattle King County Association of Realtors


Seattle University, BA Business Administration

Washington State Real Estate Associate Broker

Representative Clients

Par 5 Companies

Seco Development

J. Lennox Scott

United Dominion Realty

Skymatt Properties, LLC

community involvement

Muscular Dystrophy Association

"Wallace Properties has been helping my family for two generations now with our commercial properties.  A few things stand out about the relationship:  as a property manager Wallace Properties is punctual, work happens correctly the first time and on time, there is a high level of professionalism and integrity at the firm, and by embodying all of these things, they help us conserve our most precious resource - our time."

Whit Hamlin
Parkside Investment