Clark Pacific Real Estate Co., of Spokane, is marketing a planned multitenant retail center on vacant land east of the recently developed WinCo store in Coeur d’Alene.
The envisioned 8,800-square-foot center would have up to five retail bays, says Marshall Clark, president of Clark Pacific.
The 1.2-acre project site is located at 743 and 745 W. Appleway, in Coeur d’Alene, in between a Top of China Café and a Carpet One outlet, which are on the north side of Appleway, east of a Lowe’s home improvement store.
The WinCo store anchors the CrossRoads Coeur d’Alene shopping center, which is on the south side of Appleway, a few blocks west of the project site.
Clark says con-struction could start in the spring, pending commitments from prospective tenants.
“We’re looking for typical small tenants,” Clark says. “We’ve had some activity, but no leases are signed yet.”
Clark says no contractor has been named yet, and the project likely will be put out to bid.
Pardun Properties LLC, of Spokane, owns the project site. Clark says the single-story retail building would be nearly identical in structural design to a retail center the same property owner developed in 2013 at 4902 E. Sprague, in Spokane Valley.
Russell C. Page Architects PS, of Spokane, designed the Valley center.
Thomas and Heike Pardun head Pardun Properties. Previously, they owned Spokane-area Carpet Barn and Cheap Cheap Carpet outlets.
Anderson Bros. Development LLC, a Post Falls property management company, has leased 800 square feet of space on the third floor of the Anderson Bros. office building at 1810 E. Schneidmiller, in Post Falls, and plans to move there from smaller quarters in the same building. Pat Eberlin, of Kiemle & Hagood Co., handled the transaction.
The Variable Annuity Life Insurance Co., a Houston-based insurance and financial planning corporation that does business here as VALIC Financial Advisors Inc., has leased 2,700 square feet of office space at 1010 N. Normandie, where it has moved its Spokane office from 106 W. Nora and consolidated a number of Spokane-area satellite offices. Mike King, of NAI Black, and Dan Cantu, of Cantu Commercial Properties LLC, handled the transaction.
Bill Hill, of Monterey, Calif., has bought as an investment a 7,900-square-foot, two-story retail-office building at 6055 N. Sunshine St., in Coeur d’Alene. Craig Hunter and Rob Kannapien, both of Coldwell Banker Commercial Schneidmiller Realty, handled the transaction.
Christopher E. Barthell and Toni Barthell, have bought the 200-square-foot Eagles Nest Espresso stand and business assets at 12508 N. Nine Mile Road, in Nine Mile Falls, and now are operating the business as new owners. Jody Johnson and John Powers, both of NAI Black, handled the transaction.
Idaho Central Credit Union, of Chubbuck, Idaho, has bought for future development 1.7 acres of land at 8760 N. Government Way, in Hayden. Craig Hunter and Rob Kannapien, both of Coldwell Banker Commercial Schneidmiller Realty, and Pat Eberlin, of Kiemle & Hagood Co., brokered the transaction.
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