Green energy technology company FlyBack Energy Inc. has leased an 8,000-square-foot building formerly occupied by TRC Tire Sales LLC, at 102 S. Flora Road, in Spokane Valley, and has consolidated its operations there, says Paul Babcock, company president vice president.

The company had been based at 7721 E. Trent, also in Spokane Valley, and had some operations in two other locations, Babcock says, adding that the building along Flora provides larger quarters than the collective space FlyBack had occupied.

FlyBack develops energy-conserving technology and devices, such as a dimming controller for commercial and industrial lighting systems.

“We’re expanding our lab and developing more products,” Babcock says. “This allows us to consolidate and get prepared for some growth.”

Cory Barbieri, of Goodale & Barbieri Co.; Joel Crosby, of Coldwell Banker Tomlinson South; and Terry Tombari, of Tombari Properties LLC, handled the lease.

Babcock says FlyBack has seven employees, and the company is looking to expand its staff.

Meantime, TRC, which does business as TRC Industries, has leased 2,000 square feet of space in the Regal Place professional building at 4102 S. Regal. Barbieri also handled that transaction.

Tommy Servine, owner of TRC, says the business is doing well, but the Flora Road building, which is owned by a related company, TRC Holdings LLC, has more space than the company needs.

TRC Tire Sales, which specializes in selling massive tires for mining and industrial equipment, has eight employees.

Retail & Commercial

Custom Fit Spokane LLC, a compression-garment retailer, has leased 1,500 square feet of space in Logan Square, at 101 W. Cataldo. Colin Conway, of Kiemle & Hagood Co., and Guy Byrd, of Cornerstone Property Advisors LLC, handled the transaction.

Undeadink Studios, a Spokane Valley tattoo and body-piercing shop, has leased 1,300 square feet of retail space at 9612 E. Sprague and has moved there from smaller quarters at 1439 N. Argonne. Aaron Reugh and Mike King, both of NAI Black, handled the transaction.

Office

Idaho Correctional Industries, a Boise-based, state-operated transitional training program for minimum-and medium-security convicts, has leased 300 square feet of floor space for a new office in the Sandalwood Business Center, at 2115 E. Sherman, in Coeur d’Alene. Craig Hunter and Rob Kannapien, both of Coldwell Banker Commercial Schneidmiller Realty, handled the transaction.

Newby-ginnings of North Idaho Inc., a nonprofit that serves veterans and active military, has leased 2,900 square feet of office space at 147 E. Aqua Circle, in Coeur d’Alene, and plans  to move there from smaller quarters at 1380 N. Biztown Loop, in Hayden. Craig Hunter, of Coldwell Banker Commercial Schneidmiller Realty, handled the transaction.

Investment & Development

Jody Johnson, of NAI Black, has bought as an investment a vacant 1,900-square-foot retail building formerly occupied by Johnson’s Television Service, at 4424 N. Wall. Johnson and Greg Patterson, of Plese Realty LLC, handled the transaction.

Spokane International Airport has bought 844 acres of vacant land bordered by Thorpe, Craig, and Medical Lake roads southwest of the airport as part of a future plan to construct a third runway. Mark McLees and Darren Slackman, both of NAI Black, handled the $2.4 million transaction.