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Latest News

Fairway Forest Apartments to get major improvements

Owner pays $4.7 million for Coeur d'Alene complex, plans upgrade, name change
January 28, 2010
David Cole
The 108-unit Fairway Forest Apartments complex, in Coeur d'Alene, has been purchased by investors in California for $4.7 million, and that ownership group plans to spend $1 million rehabilitating the property.Glenn Sather, apartment broker for
Read More

Elite Electric files for Chapter 11 bankruptcy

Company has assets of about $1.3 million, debts of $1.4 million
January 28, 2010
Jeanne Gustafson
Elite Electric of Washington II Inc., of Spokane, has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court here.In its voluntary filing, the company says it has $1.3 million in assets, including about $1 million in accounts and in
Read More

Medical device vendor plans move to Third

Seattle-based distributor will occupy former location of Alliance Vending Corp.
January 28, 2010
Kim Crompton
A1A Inc., a Seattle-based medical equipment distributor that formerly operated under the name Pacific Orthopaedics Inc., plans to move its Spokane operation from a small, leased space on Sprague Avenue into the former Alliance Vending Corp. at 601
Read More

Bed, mattress shops close their doors

January 28, 2010
David Cole
The Simmons Comfort World stores at 1001 N. Division and 8710 N. Division have closed their doors.Scott Sloan, who represents the store's owners through his own company, Market Vision Inc., says the two stores "were unable to re-negotiate their
Read More

Big ag event here sells out exhibit space

Ag Expo & Farm Forum typically attracts 5,000, but organizers hope for more
January 28, 2010
Mike McLean
Exhibitor space for the Spokane Ag Expo & Pacific Northwest Farm Forum, to be held Feb. 2-4 at the Spokane Convention Center, is sold out, says Myrna O'Leary, of Greater Spokane Inc., the sponsor of the event.O'Leary says she hopes the show the
Read More

Marr backs bill to restrict land uses around airports

Legislation would require cities, counties to prohibit incompatible development
January 28, 2010
Mike McLean
Cities and counties in Washington state would be compelled to prohibit certain types of development, including housing, hospitals, and schools, near general-aviation airports under a bill cosponsored by state Sen. Chris Marr, of Spokane.The Bill
Read More

Coffee roaster, wholesaler opens doors on North Side

Roast House owners say Main Market is first big customer
January 28, 2010
David Cole
A Spokane couple, Deborah Di Bernardo and Jim Haynes, have started a coffee roasting and wholesale business named Roast House LLC.Di Bernardo says the couple has hired David Rier, who previously worked for Thomas Hammer Coffee Roasters, of as Di
Read More
—Staff photo by Jeanne Gustafson

Chocolate for your 'health'

January 28, 2010
Jeanne Gustafson
While Susan Davis was studying at Eastern Washington University in 2005 to prepare to enter a pharmacy program, she dreamed of a chocolate dispensary that would help her and her classmates survive their long study sessions.The more she thought a
Read More

Mall owner eyes options for recovery

Some of its properties, though none here, now are out of bankruptcy
January 28, 2010
Kim Crompton
General Growth Properties Inc., the ailing Chicago-based owner of three of the Spokane-Coeur d'Alene area's largest shopping centers, says it has retained a financial firm to help it evaluate financial transactions that would enable it to emerge 11
Read More

Foreclosures accelerated here in 2009

Analysts believe return to 'healthy' default rate could take several years
January 28, 2010
Mike McLean
Foreclosures in Spokane and Kootenai counties continued to climb in 2009, and economic analysts here say any turnaround will be gradual.The Spokane County auditor reported 924 foreclosures on deeds of trust in 2009, up a steep 65 percent from in
Read More
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