A company owned by longtime Spokane real estate executive Mark Pinch plans to break ground in November on two warehouse buildings in Spokane Valley. A total of four bays in the two buildings will be offered for sale.


Each of the one-story structures will be divided into two separate spaces connected by a common wall, says Pinch, whose Pinch Development Interests LLC is developing the projects. One of the structures will have 11,000 square feet of space, divided into a 6,000-square-foot bay and a 5,000-square-foot bay. The other building will have 9,600 square feet of space, divided into two 4,800-square-foot spaces, Pinch says.


The buildings are planned to have fully insulated walls, sloped steel roofs, and an eave height of 14 feet, he says. Each of the four warehouse spaces will have its own office space, storefront, and access to a truck unloading dock. Those docks will be located at the front of the buildings, and yard space will surround both structures.


The warehouses will be located on a roughly 1.5-acre site the company bought in September on the 2000 block of North Felts Lane, just south of East Buckeye Avenue, roughly halfway between Argonne and Pines roads, Pinch says.


The project will be constructed by Pinch Development and Mak Construction Co., of Spokane Valley Architectural Ventures, of Spokane Valley, designed it, and construction is expected to be completed by February, Pinch says. Pinch Development is financing the project. Pinch declines to disclose its cost.


Mark McLees, an agent with Tomlinson Black Commercial Inc., of Spokane, will market the units. Prices will range from about $325,000 to $375,000, depending on the size of the unit and its access to yard space, says Pinch, who also is president of Tomlinson Black Commercial.


A lot of people in Spokane are developing buildings for lease or rent, Pinch says. But theres little on the market in the way of buildings for sale, so I wanted to give something to the industrial market here to meet that need.