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Latest News

—Staff photo by Mike McLean

The making of a BANK TAKEOVER

Washington Trust acted quickly, with FDIC help, to acquire seized Pinnacle Bank
March 26, 2009
Mike McLean
In early February, Spokane-based Washington Trust Bank had been looking for years to acquire a bank in the Portland, Ore., area with full branching rights, and had informed the Federal Deposit Insurance Corp. of that interest.When the arose to a
Read More

Small Business Watch: March 26, 2009

March 26, 2009
Airway Heights man starts design firm Web site and graphic designer Jason Davis has started a business, called Underground Development Group, which he operates from his home in Airway Heights.Underground Development's services and a
Read More

Now is perfect time to step up, if you're willing to risk it

Fretting about whether your job is safe is sign you're on wrong track
March 26, 2009
Sales & Marketing
Everyone is climbing a ladder. The only question is which rung are you on?Ever thought about it? It's a way bigger thought than, "Is my job safe?" But if that's what you're thinking, it's probably not. Fretting about whether your job is safe is
Read More

Real Estate Roundup

March 26, 2009
Mike McLean
The Bargain Hunter, a new and used sporting goods franchise, has leased 9,000 square feet of floor space in the former Kmart building, at 15303 E. Sprague, for a retail outlet. Dennis Beringer, of Byrd Real Estate Group LLC, handled the Tax has of
Read More

Wheat commission buys office building

$1.25 million structure is west of downtown area, panel's longtime location
March 26, 2009
David Cole
The Spokane-based Washington Wheat Commission has purchased for $1.25 million a building on Sunset Boulevard where it plans to move from quarters downtown it has occupied for 50 years.The commission plans to occupy about 6,000 square feet of in
Read More

Halme submits low bids for infrastructure projects here

City plans to replace aging stretch of water main, storm water structures
March 26, 2009
Jeanne Gustafson
The city of Spokane plans to upgrade 3.5 miles of aging water transmission main between the Division-Ruby couplet and its Upriver Dam beginning this spring. Halme Construction Inc., of Davenport, Wash., is the apparent low bidder, with a bid of
Read More

NAI Black joins marketing program for selling troubled real estate assets

March 26, 2009
NAI Black, the Spokane-based commercial real estate brokerage and property-management company, says it has begun participating in an accelerated marketing program created by Princeton, N.J.-based NAI Global to help property owners and financial of
Read More

Safeway plans $2 million store remodel

Town & Country facade also will be updated
March 26, 2009
Jeanne Gustafson
Safeway Inc., plans to spend $2 million to convert its store at the Town & Country Shopping Center to its "lifestyle" theme, and will add about 35 employees there, says District Manager Craig Johnson. Also, Stejer Development LLC, of Spokane, a
Read More

Hoffman's $5.4 million bid lowest for city job

Project includes upgrades at Riverside plant to ease access for septic trucks
March 26, 2009
Jeanne Gustafson
Hoffman Contractors Inc., of Spokane, is the apparent low bidder, with a bid of $5.4 million, for a city of Spokane contract to upgrade portions of the city's wastewater treatment plant.Bids for the project came in well below a city estimate of
Read More

City to repave busy arterial on North Side

Spokane Rock Products in line for $3.8 million Alberta Street paving job
March 26, 2009
Jeanne Gustafson
The city of Spokane says work could start next month on a $3.8 million project to reconstruct Alberta Street between Northwest Boulevard and Francis Avenue. The project, which will take about three months to complete, also will include rebuilding A
Read More
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