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Latest News

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

St. John's church project set

Lutheran congregation's $2.2 million structure to rise in Latah Valley
March 26, 2009
Mike McLean
Construction is to start by May on a $2.2 million church in the Latah Valley area for St. John's Lutheran Church, which formerly was located at Third Avenue and Division Street in downtown Spokane.The new church, to be located on 8 acres at 5810
Read More

eBay-trading couple files in Bankruptcy Court

Netzels' filing lists nearly $3 million in debts, with business lawsuit
March 26, 2009
David Cole
Joseph R. and Jennifer L. Netzel, a Spokane couple who operate a business here that buys and sells items over the eBay Web site, have filed for Chapter 7 liquidation in U.S. Bankruptcy Court here.Their filing documents list assets of $734,000 of
Read More

Reservoir slated for Five Mile

New $2 million tank to provide more pressure
March 26, 2009
David Cole
The city of Spokane plans to construct a 1.1 million-gallon 134-foot-high water reservoir on Five Mile Prairie in a project it expects will boost water pressure to customers on the north end of that prairie.The city is accepting bids until March
Read More

Office building planned near Northpointe

$3.6 million project at Nevada, Westview to start in early summer
March 26, 2009
Kim Crompton
A Spokane investor group plans to develop a two-story office building at the northeast corner of Nevada Street and Westview Court on Spokane's North Side.Spokane periodontist Dr. Steven Aeschliman, who will be majority owner of the building and
Read More

Inland Power's margins slip, revenue rises

Spokane-based co-op expects slower growth, braces for rate increase
March 26, 2009
Kim Crompton
Inland Power & Light Co., the Spokane-based electric cooperative, says its net margins—equivalent to net income—fell about 30 percent to $3.2 million last year, due partly to sharply higher service-related costs because of severe winter
Read More

Job-loss timeline mirrors that of 2001-2002 trough

January, February top falloffs thus far; analysts await March, April results
March 26, 2009
Richard Ripley
Job losses here in the current recession have progressed thus far along a timeline that's similar to that in the recession of 2001-2002, with the worst numbers coming in January and February this year as they did in January and February 2002, says
Read More
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