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Latest News

—Staff photo by  Mike McKlean

McKinstry plans big project here

$10 million restoration of old railroad building to provide new quarters
June 3, 2010
Mike McLean
Seattle-based mechanical and energy-efficiency contractor McKinstry Co. has bought the former Great Northern building just west of Hamilton Street on the north bank of the Spokane River and plans to invest $10 million in improvements there, says to
Read More
—Photo courtesy  of Megan Owens

Litehouse sets sail for growth

Sandpoint company eyes rapid expansion of territory, adds lemonade, tea, cheese
June 3, 2010
Jeanne Gustafson
Litehouse Foods Inc. is on an aggressive growth path, says Jim Frank, the longtime Sandpoint-based salad dressing maker's president. Within five years, the company aims to increase its sales by about 78 percent, and hopes eventually to be one of
Read More
—Rendering courtesy of Sherry Pratt Van Voorhis PS

Building up the U-District

Projects on tap could total more than $130 million
June 3, 2010
Mike McLean
Several construction projects with a combined value exceeding $130 million are in various stages of planning in the University District east of downtown, and schedules for them are expected to overlap during the next two or three years.The first
Read More
—Staff photo by Kim Crompton

Banks' property headaches grow

Foreclosures create added tasks for reluctant financiers
June 3, 2010
Kim Crompton
Financial institutions here, like their counterparts nationally, are being forced to deal increasingly with the myriad costs and management responsibilities of property ownership as they've had to foreclose on more commercial and residential real a
Read More

Income investors now face hurdles as economy reboots

Those chasing yield likely to find risk factors galore in bond or stock choices
June 3, 2010
Personal Investing
The search for high yields presents a quandary for income investors.If interest rates rise in the future, the value of high-yield, longer-term bonds bought now will decline. But if a high-dividend-paying stock is chosen, the investor needs to be
Read More

In the News: June 3, 2010

June 3, 2010
June 1 / New candy, gum, bottled water taxes take effect Washington extended its retail sales and use tax to candy, gum, and bottled water effective June 1. Separately, Costco Wholesale Corp., of Issaquah, Wash., and the Wilsonville, /
Read More

Calendar: June 3, 2010

June 3-17, 2010
June 3, 2010
Meetings & Events The Spokane Home Builders Association will hold a free barbeque and silent auction on Thursday, June 3, from 6 to 8 p.m., at 2110 N. Fancher, in Spokane Valley. All proceeds from the event will benefit the Academy. a
Read More

Real estate investors view market as ready to rebound

Bulk of global respondents to Colliers survey believe downturn at, near bottom
May 20, 2010
Real estate investors worldwide are painting a more optimistic picture of the market, with many convinced that the next up cycle will begin in the year ahead. That optimism is reflected by two out of three respondents to Colliers International's a
Read More

Real Estate Roundup

May 20, 2010
Mike McLean
509 Inc., a snowmobile video and accessory distributor, has leased 4,900 square feet of space at 2501 N. Farr and plans to move there in July from smaller quarters in the Legion Building, at 342 W. Riverside. Doug Byrd, of Byrd Real Estate Group of
Read More

NAI Black opens new commercial real estate outlet in Silver Lake Mall

May 20, 2010
Mike McLean
NAI Black, a prominent Spokane-based commercial real estate brokerage, has opened a sales and leasing office in Coeur d'Alene.The new office is located in 550 square feet of leased space in the Silver Lake Mall, at 200 W. Hanley, says Jeff of to
Read More
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