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Latest News

LeAnn Bjerken

Bank of America building sells for $47.7 million

City's tallest building is first investment here for Canadian company
January 31, 2019
LeAnn Bjerken
The Bank of America Financial Center-the tallest building in Spokane-has sold to Canada-based Redstone Group of Cos., one of British Columbia's largest private commercial real estate companies.
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Avista, Hydro One terminate agreement

Decision follows regulators' rejection of $5.3 billion transaction
January 23, 2019
Linn Parish
Spokane-based Avista Corp. and Hydro One Ltd., of Toronto, Ontario, say they've agreed mutually to terminate their previously announced acquisition agreement.
Read More

AROUND TOWN January 17, 2019

Real Estate Transactions and Other Business Moves in the Inland Northwest
January 17, 2019
Staff Report
Real Estate Transactions and Other Business Moves in the Inland Northwest
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Nationwide contraception initiative arrives in Spokane

Effort provides training to clinics here
January 17, 2019
Natasha Nellis
Multiyear initiative Upstream Washington is working to decrease the number of unwanted pregnancies by increasing same-day access to birth control, and has turned its attention to Eastern Washington, which has a higher-than-average rate of unintended
Read More

Two new ministorage facilities go up in Spokane Valley

Projects will have up to 325 units ready in May
January 17, 2019
Natasha Nellis
Post Falls-based Steel Structures America Inc. has obtained permits to build two separate storage facilities in Spokane Valley with construction values totaling about $3.8 million. The $1.3 million, initial phase of the Railway Storage project
Read More

$9.5 million mixed-use center planned on West Plains

Car wash eyed to anchor five-building development
January 17, 2019
Alla Drokina
A $9.5 million commercial center to be anchored by a Bush Car Wash is being planned near the Pacific Northwest Technology Park, on the West Plains, according to a predevelopment application submitted to the city of Spokane.
Read More

Work underway on two La Quinta hotel projects

Properties will be updated to meet industry standards
January 17, 2019
LeAnn Bjerken
Work started this month on a $5 million project that will expand and rebrand the former Fairbridge Inn Express at 211 S. Division into a new La Quinta hotel franchise. The four-story, 36,000-square-foot hotel is owned by Kennewick
Read More

Three-building complex planned on North Side

$6M project would have office-warehouse space
January 17, 2019
Samantha Peone
Prominent Spokane real estate developer Harlan Douglass plans to develop a $6 million, three-building office-warehouse complex in north Spokane's Nevada Lidgerwood neighborhood, according to preliminary documents submitted to the city.
Read More

New phase planned at Blue Heron

$13.5M development includes18 home lots
January 17, 2019
Alla Drokina
Blue Heron, a residential subdivision off Indian Trail Road north of the Spokane city limits, is launching its next phase of development with 18 new lots. The lots range in price from $140,000 to $200,000, and Blue Heron developer Pete Rayner
Read More

Guest Commentary: Engaging other Washington to take down economic wall

~
January 17, 2019
Kris Johnson
On a map, the distance from our Washington to the 'other” Washington looks so far away. But, policies being made and debated there hit us here in Washington state. Take trade policies, for example. As one of the most trade-driven states
Read More
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