Spokane Journal of Business

Around Town

Real Estate Transactions and Other Business Moves in the Inland Northwest

 

405 Main LLC, a Spokane-area investment company, has purchased a 5,300-square-foot building at 405 W. Main in downtown Spokane as an investment. The building previously was occupied by Hills’ Restaurant & Lounge and now is being leased by Indian restaurant and tap house The Mango Tree. The new restaurant renovations will begin this month, and The Mango Tree is expected to open in May. John Hillier, of SVN Cornerstone, represented the buyer, and Todd Rothrock, of The Rothrock Co., represented the building’s seller. Hillier also handled the lease.

Pacific, Wash.-based Mike’s Mobile Tank Services LLC, a cargo tank trucking company catering to the petroleum tanker industry, has leased a 3,980-square-foot industrial building at 6222 E. Desmet, in Spokane Valley, for the company’s first Spokane-area location. Matthew Byrd, of SVN Cornerstone LLC, and Doug Byrd, of Byrd Real Estate Group, handled the transaction. 

Spokane-based Otter Investments LLC has purchased 15,500 square feet of land at 177 E. State Route 902 in Medical Lake as an investment. A 260-square-foot drive thru coffee stand at the site, named Tommy G’s, also was purchased. Colin Conway, of Kiemle Hagood, and Darren Slackman, of NAI Black, handled the transaction.

Bloom Salon, a beauty salon specializing in natural products, has leased 1,200 square feet of space in a multitenant building at 8382 N. Wayne Drive, in Hayden, where it has moved from a smaller quarters at 8220 N. Wayne Drive. Cory Turnbull, of CDA Commercial Real Estate-Select Properties Co., handled the transaction.

Resilience Psychiatric Medicine PLLC, a psychiatric services clinic, has leased 1,500 square feet of office space in a multitenant building at 2426 N. Merritt Creek Loop, in Coeur d’Alene, where it plans to move from similar-sized space at 1110 W. Park Place. Craig Hunter and Rob Kannapien, both of Coldwell Banker Commercial Schneidmiller Realty, and Doug Byrd, of Byrd Real Estate Group LLC, handled the transaction.

Pediatric physical, speech, and occupational therapy clinic Inland Northwest Therapy has leased over 1,100 square feet of office space in a multitenant building at 1206 Idaho, in Post Falls, for the clinic’s second Inland Northwest location. The first is at 9425 N. Nevada, on Spokane’s North Side. Craig Hunter and Rob Kannapien, both of Coldwell Banker Commercial Schneidmiller Real Estate, handled the transaction.