David Zimel


David Zimel


On January 1st, 2019, David Zimel stepped down as President and no longer manages day-to-day business functions. David has assumed a new role as CEO where he’ll continue to leverage his vast real estate, finance, and management experience by overseeing the executive team and participating on the Board.

David Zimel, a native Oregonian, attended Jesuit High School and the University of Oregon, where he received a BS in Finance in 1977. After graduation, he joined Mercury Development as a retail leasing agent. He progressed to Director of Leasing, Vice President of Development, President, and as of 2019, his current role as CEO. He has extensive experience in development, redevelopment, and acquisition of retail properties. David has served as a board member for several companies including Pan Pacific Retail Properties, Rentech Inc. and locally with Shari’s Restaurants and R & H Construction.

David has participated as an ICSC panelist, moderator, State Program Committee Chairperson, and State Director.

Timothy Dougherty

Vice President, Broker

On January 1st, 2019, Timothy Dougherty accepted his current role as Vice President. As Vice President, Timothy’s responsibilities include assisting the President in the development and implementation of strategic goals and policies while also leading the company’s brokerage through key functions such as acquisitions, leasing, and tenant/landlord representation.

Timothy grew up in the Portland, where his business and development skills were nurtured and encouraged from a very young age. Over the years, his proclivity for the principles of investment grew, leading to an education from the University of Oregon – where he graduated from the Lundquist College of Business with multiple focuses and honors. In 2013, Timothy joined Mercury Development as a Commercial Leasing Executive, specializing in acquisition analysis, leasing, marketing, and client relations.

Timothy is an ICSC member, has earned his CLS (Certificate Leasing Specialist), and currently holds the position of ICSC Next Generation State Co-Chair – Oregon.

Lori Eldridge

Property Manager

Lori joined Mercury Development in June of 2016 as a Lease Administrator/Office Manager, bringing over 20 years of administrative and professional experience as well as a strong property management background.  

In June of 2018, Lori was promoted to Property Manager. As Property Manager, Lori establishes, directs, and oversees day-to-day operations of Mercury Development’s diverse portfolio of assets. Lori is the first point of contact for tenants and vendors and is responsible for responding to all inquiries and reported property conditions – maintaining compliance with applicable service and lease agreements.

In her free time, Lori and her husband enjoy camping, hiking, and fly fishing throughout the great Pacific NW.

Susan Huey


Susan Huey joined Portland Fixture LP in 2007 with over 20 years of prior accounting experience. At that time, her duties included property accounting, accounts receivable/payables, financial reporting, common area expense, property tax, and insurance

In 2009, Susan was promoted to the position of Controller. She now is in charge of all accounting functions for Portland Fixture LP, and 11 additional 3rd party companies utilizing a nationally recognized property management accounting software program, which offer extensive reporting flexibility and customization to satisfy our client’s complex needs.

Her duties include property accounting, accounts payable, accounts receivable, cash flow analysis, general ledger accounting, payroll processing, financial statement reporting to our partners and management team. Susan is responsible for new property setups, multiple bank accounts, maintains overall banking and insurance relationships, and implements all accounting controls. She is also responsible for all bank accounts, common area expense, property tax and insurance reconciliations.

Emma Scoringe

Lease Adminstrator / Office Manager

Emma Scoringe

Lease Adminstrator / Office Manager

Emma joined the Mercury team in March of 2020 stepping into the role of Leasing Administrator/Office Manager. She offers more than 7 years of office management and customer service in a variety of industries.

Emma is responsible for lease administration, tenant relations, assisting executive management with corporate functions, insurance administration, and day-to-day office management.

In her free time, Emma enjoys reading (any and every genre) and visiting the Oregon Coast as much as possible.

Industry News

Get The Inside Scoop Friendlys is Expanding a Sweet Business Opportunity to Texas

Texas travel center chain forms franchise deal with Bojangles

Fatburger will return to Tampa Bay with first restaurant in Riverview

Paris Baguette opens first store in Hawaii

TA teases 2024 growth plans


Leasing / Management / Acquisitions

Since the mid-1950's, Mercury Development has been a successful optimizer of income producing properties. We specialize in high value, highly utilized spaces.