Real estate development and investment company Beckenhauer Properties LLC has bought the 200-acre Bighorn Industrial Park, in west Post Falls, says Craig Hunter, a commercial real estate broker involved in the transaction.
Beckenhauer Properties is owned by Douglas and Crystal Beckenhauer, of Reedley, Calif., and their son and daughter-in-law Ryan and Kelli Beckenhauer, of Dalton Gardens.
Bighorn Industrial Park, near the northwest corner of Poleline Avenue and Pleasant View Road, has 38 roughly 5-acre lots.
The company had bought three lots earlier this summer and the Beckenhauers later decided to buy the rest of the subdivision and take over the Bighorn development, says Hunter, of Coeur d’Alene-based Coldwell Banker Commercial Schneidmiller Realty.
Rob Kannapien, another broker with Coldwell Banker Commercial Schneidmiller Realty, also was involved in the transaction.
Two industrial buildings are under construction, and groundbreaking is planned yet this year for two more, Hunter says.
No tenants have been named yet for Bighorn Industrial Park.
The other lots are vacant although road access and water service that meets fire-flow requirements already is developed throughout the park, meaning several of the lots are permit ready, Hunter asserts.
The seller, Bighorn Farm LLC, developed the lots in the subdivision, which is zoned for industrial land uses.
Bighorn Farm is owned by longtime Spokane real estate developer Rich Dahm and Airway Heights-based Consumer Auto Liquidators principal George Lawrence.
Investment
Kenneth Wilkinson, of Post Falls, has bought as an investment a 14,000-square-foot medical building on 2 acres of land at 1111 E. Westview Court, in Spokane. Craig Hunter and Rob Kannapien, both of Coldwell Banker Commercial Schneidmiller Realty, handled the transaction.
7810 Market LLC, of Seattle, has bought as an investment three buildings with a total of 21,300 square feet of office and warehouse space at 7810-7826 N. Market. Jim Orcutt, of NAI Black, and Steve Peterson, of Coldwell Banker Tomlinson North, negotiated the transaction.
Moves & Expansions
Consolidated Electrical Distributors Inc., an Irving, Texas-based electrical supply network, has leased a 17,000-square-foot warehouse building at 5818 E. Broadway and plans to move its Spokane operations there in November from the Augusta Center, at 203 E. Augusta. Doug Byrd and Cassandra Becker, both of Byrd Real Estate Group LLC, and Pete Carstens, of Carstens Management Co., handled the transaction.
Register Tapes Unlimited Inc., a Houston-based marketer of register-tape coupon advertising, has leased 3,200 square feet of space for a new call center at 3373 E. Fifth, in Post Falls. Craig Hunter and Rob Kannapien, both of Coldwell Banker Commercial Schneidmiller Realty, and Ryan Oberg, of Goodale & Barbieri Co., handled the transaction. RTUI also has Spokane operations at 4503 Independence Drive.
Spokane International Academy, a K-8 charter school, has leased 9,000 square feet of space in the Glad Tidings Church building at 4224 E. Fourth, where it has moved its fifth through eighth grades. Tim Kestell, of Kiemle & Hagood Co., handled the transaction. The academy’s kindergarten through fourth-grade students continue to occupy the school’s original location at 2706 E. Queen.
Retail & Service
Forge Fitness LLC, a new exercise gym, has leased 3,300 square feet of space at 2765 W. Seltice Way, in Post Falls. Craig Hunter and Rob Kannapien, both of Coldwell Banker Commercial Schneidmiller Realty, handled the transaction.
Wink Salon LLC, a Hayden hairstyle and color salon, has leased 1,600 square feet of space in a multitenant retail center at 2149 W. Hayden, in Hayden, and plans to move there from leased space at 9010 N. Hess. Craig Hunter and Rob Kannapien, both of Coldwell Banker Commercial Schneidmiller Realty, handled the transaction.