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Latest News

Post Falls storage facility expands

Roughly $1 million project expected to wrap up by fall
July 5, 2018
Samantha Peone
Construction is underway on an expansion at Seltice Mini Storage Inc., where the number of units will jump to about 380 from 227, says complex owner Troy Mullenix. The total project cost will be close to $1 million, he says. Located at 2425 W. Seltice
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WSDOT, STA adapt transportation projects for Project Rose

Presumed Amazon facility influencing designs, advancing work timelines
July 5, 2018
LeAnn Bjerken
Plans for a presumed Amazon.com Inc. distribution center on the West Plains, currently known as Project Rose Fulfillment Center, are impacting scheduled transportation projects in the works by both the Washington state Department of Transportation and Spo
Read More
—LeAnn Bjerken

H-Source's revenues rise as hospital margins fall

Tech platform gains momentum as more facilities join network
July 5, 2018
LeAnn Bjerken
Amid rising health care costs and continually decreasing hospital profit margins, Spokane health care technology company H-Source Holdings Ltd. is positioned to grow rapidly, the company's co-founders say. Through its H-Source Inc. subsidiary, the com
Read More
—Samantha Peone

Changes in Cheney: A downtown revitalization effort

Merchants association leads charge to generate activity, interest in town's core
July 5, 2018
Samantha Peone
A group of businesspeople in Cheney are sowing early seeds of a plan to re-energize the farm-and-college town's downtown. It's an effort that some involved say could have a blossoming effect for the entire city of 11,900 people that's a 20-minute
Read More
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Zaycon Foods, former CEO battle in court

Wrongful termination, securities fraud alleged
July 5, 2018
Virginia Thomas
Spokane Valley-based national meat delivery company Zaycon Foods LLC, which announced late last month it had suspended operations, has been embroiled in a legal dispute with a former CEO and one-time major investor for more than 1 1/2 years. Zaycon Foods
Read More
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Around Town

Real Estate Transactions and Other Business Moves in the Inland Northwest
July 5, 2018
Staff Report
Self-storage company More Space Spokane LLC, of Spokane, has purchased a roughly 500-unit, 114,000-square-foot storage facility in a building at 104 S. Division. Casey Brazil and Chris Schrieber, both of Kiemle Hagood, handled the transaction. Northwest
Read More

Zaycon Fresh suspends operations

Company cites 'recent challenges' in brief statement
June 26, 2018
Linn Parish
Zaycon Foods LLC, a Spokane Valley-based, national meat delivery business that does business as Zaycon Fresh, has suspended operations. As of 9 a.m. PDT this morning, June 26, the company's homepage had a message that said, 'It is with deep regret
Read More
—Samantha Peone

Inland Capital grows lending pool to $21 million

200 hard money loans issued last year to buyers of distressed real estate
June 21, 2018
Samantha Peone
After opening a new private equity fund, Inland Capital Fund A, just under one year ago, Spokane-based private money lender Inland Capital LLC has raised $10.5 million for the fund, says Aaron Cunningham, CEO and co-founder of the company. An additional
Read More

Adviser: Most investors will do best with basics

Stocks, bonds, mutual funds provide long-term diversity
June 21, 2018
Rick Biel
Vince Lombardi is recognized as the greatest football coach of all time. In fact, the Super Bowl trophy is named after him. He was hired as the head coach of the Green Bay Packers in 1959. After two years of incredible improvement, his team was poised to
Read More
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Inflation significance varies with individuals

Trend probably more self-correcting than spiraling
June 21, 2018
Steve Scranton
The topic of inflation has begun to receive more attention from the media, economists, policy makers, and the Federal Reserve. The reason for this heightened interest is that the official measure of inflation is approaching the Federal Reserve's target
Read More
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