Spokane Journal of Business

West Side-based security concern opens Valley outlet

Absco Alarms anticipates continued growth as it debuts second outlet here

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Absco Alarms Inc., a Lynnwood, Wash.-based supplier of security surveillance systems, has leased 1,600 square feet of space in the Spokane Business & Industrial Park, at 3020 N. Sullivan, in Spokane Valley, where it has opened a Spokane sales and installation outlet, says Erick Slabaugh, Absco's CEO.

The company specializes in providing security systems for commercial, industrial, and government campus applications, Slabaugh says.

"We've done work in Spokane over the years, although we haven't had a physical presence in Spokane," he says.

Dean Stuart, director of marketing with the Spokane Business & Industrial Park, and Sam Morse, of the Spokane commercial real estate brokerage Cantu Commercial Properties LLC, negotiated the lease.

Absco currently employs a sales person and an installer at the Valley location, and likely will hire more people here before year-end, Slabaugh says.

"I think we'll add another salesperson in the next couple of months and then a couple of technicians," he says. "The volume we're doing east of the mountains is continuing to increase."

Slabaugh says Absco's 2012 revenues were 57 percent higher than the year-earlier revenues, and he's expecting another increase this year of at least 33 percent.

The Valley location is Absco's second outlet, and the company hopes to open additional outlets, he says.

"We got some expansion plans over the next couple of years," Slabaugh says. "The next location probably will be in Portland, but we're still doing market research."

Retail

Addison E-Cigarettes LLC, of Spokane, which does business as Wholesale E-Liquid to the Public, a supplier of electronic cigarette merchandise, has leased 1,000 square feet of space in the Behm Center, at 9405 E. Sprague, and has opened a distribution and retail outlet there to augment its Internet presence. Mike King, of NAI Black, handled the transaction.

Hollywood Nails, a new Coeur d'Alene nail salon, has leased 1,700 square feet of retail space in the Coeur d'Alene Town Center, at 101 E. Best. Chris Bell, of NAI Black, handled the transaction.

Services

Northside Vision Center PS, a Spokane eye-care provider, has leased 3,200 square feet of space at 601 W. Francis and plans to move its practice there in July from smaller quarters at 1023 W. Francis. Jeff McGougan, and Don Jamieson, both of NAI Black, and Gregg Patterson, of Plese Realty LLC, handled the transaction.

CompuNet Inc., a Meridian, Idaho-based information technology concern, has leased 2,700 square feet of floor space in the North Valley Business Park, at 15320 E. Marietta, for a new office. James S. Black III, of NAI Black, and Mark Lucas, of Kiemle & Hagood Co., handled the transaction.

Commercial

Coast Aluminum & Architectural Inc., a Hayward, Calif.-based metal products distributor, has leased 24,000 square feet of space in the Spokane Business & Industrial Park, at 3808 N. Sullivan, where it has opened a warehouse and sales office. Chase Breckner, of SBIP, and Vic Plese, of Plese Realty LLC, handled the transaction.

Bighorn Builders Inc., a Hayden, Idaho, construction contractor, has leased 3,800 square feet of floor space 11340 N. Government Way in Hayden, and has moved its offices there from a rural residential location. Craig Hunter and Rob Kannapien, both of Coldwell Banker Commercial Schneidmiller Realty, handled the transaction.

Mike McLean
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Reporter Mike McLean covers real estate and construction at the Journal of Business. A multipurpose fisherman and vintage record album aficionado, Mike has worked for the Journal since 2006.

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