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Home » Worthy Enterprises draws new tenants at big Valley building

Worthy Enterprises draws new tenants at big Valley building

Wells Fargo auto finance, Progressive claims group to lease at Valley building

April 26, 2012
Treva Lind

Two new tenants plan to move during late summer into leased spaces in the River View Corporate Center, the big Class A structure in Spokane Valley developed by Worthy Enterprises LLC.

Jack Marr, director of leasing at Worthy Enterprises, says a Spokane branch of Wells Fargo Dealer Services, which provides auto financing through dealerships, plans to move in August into 8,000 square feet on the second floor of the five-story building, at 16201 E. Indiana.

Randy Gehlen, regional branch manager for Wells Fargo Dealer Services, says the Spokane office currently is located in the Pinecroft Business Park, at 12610 E. Mirabeau Parkway, and has 26 employees.

Additionally, a Spokane Valley claims office for Progressive Insurance plans to move in August or September into just over 5,000 square feet of space in the River View building, also on the second floor. Ohio-based Progressive Corp., known as the Progressive Casualty Insurance Co., offers personal auto insurance and other specialty property-casualty insurance. It employs about 30 people in its current claims office at 8817 E. Mission.

With those two upcoming tenants, Marr says, the 250,000-square-foot building will be at almost 40 percent occupancy. The structure, which was completed three years ago, has experienced a slow trickle of new tenants in a Spokane Valley market with a sizable number of vacant office spaces.

At least one additional business is negotiating for space in the building, but Marr declines to disclose details for now.

Another recently secured tenant, a family medicine practice that does business as Opportunity Medical, moved into about 3,700 square feet in January. The practice, which formerly was located at 1414 N. Vercler in Spokane Valley, includes two physicians, Drs. Susan Lehman and Linda Harrison, and a staff of five.

Other businesses that signed leases last year at the River View Corporate Center include Banner Marketing Inc., a company specializing in furniture advertising campaigns; software development company Asset Works Inc.; and Justsnooping.com, a Spokane Valley-based online marketing company.

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