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—Rendering courtesy of Russell Page Architects

Spokane couple constructs retail complex along Nevada

Center north of Albertson's store expected to provide space for up to six tenants
October 23, 2008
Mike McLean
A Spokane couple, Don and JoAnn Mattson, are developing an 11,000-square-foot retail center at the northeast corner of Nevada Street and Lyons Avenue, across Lyons from a larger, relatively new retail complex that's anchored by an Albertson's is up
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IT company buys local competitor

Cycrest Systems to move into Allied Systems' larger quarters on West Sinto
October 23, 2008
David Cole
Cycrest Systems Inc., a Spokane-based information technology services provider, has bought competitor Allied Systems LLC and is in the process of moving into Allied's space at 427 W. Sinto, says Cycrest President Jonathan Ferraiuolo. Cycrest,
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Local entity buys Ridpath's top two floors from hotelier

Restaurant, condominium uses weighed; others look at revamping entire hotel
October 23, 2008
Mike McLean
A Spokane real estate investment company, Poachers Rock LLC, has bought the top two floors of the shuttered historic Ridpath Hotel tower, says an agent involved in the transaction.The agent, Grant Person, of NAI Black, says Poachers Rock is for
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Gonzaga buys campus-edge property for $1.45 million

Regional Plan Center to remain there for up to two years
October 23, 2008
Jeanne Gustafson
Gonzaga University has bought, for $1.45 million, the Spokane Regional Plan Center's 12,000-square-foot building at the southeast corner of Boone Avenue and Ruby Street and says it eventually plans to use the structure as office space.The Plan a
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Trudeau's adds to its boat lines

Sea Ray dealer picks up brands formerly sold by now-shuttered rival
October 23, 2008
Mike McLean
Trudeau's Marina, of Spokane, a longtime Sea Ray and Boston Whaler boat dealer, has picked up boat lines sold here formerly by Olympic Boat Centers.The dealership's new boat lines are Bayliner, Trophy, and Meridian, says Bill Trudeau, majority
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Retirement complex faces foreclosure

Clare House Apartments placed in receivership pending trustee sale
October 23, 2008
Jeanne Gustafson
A South Hill senior housing complex owned by Clare House Apartments LP, of Spokane, has been placed in custodial receivership pending an upcoming trustee sale to satisfy a debt of $3.9 million owed on the property. Spokane businessman Harry who
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Contractor in line for big project

Williams Brothers is low bidder on $52 million facility in Montana
October 23, 2008
Mike McLean
Williams Brothers Construction LLC, of Spokane, is the apparent low bidder—with a $52 million bid—for a major improvement project at the wastewater-treatment plant that serves the city of Bozeman, Mont.The project, which will more than
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Bankers are cautious, but still OK loans

Borrowers said to be 'hunkered down;' income- property loans tighten
October 23, 2008
Richard Ripley
With the financial markets in turmoil, businesspeople here will be watching to see whether their friendly banker still will be so chummy, but bankers here say that while they might be a bit more cautious, they're not going to snub solid would-be of
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District plans $18 million skills project

Big addition would house health sciences programs, give others growing room
October 23, 2008
Mike McLean
Spokane Public Schools plans to develop an $18 million addition to its Spokane Area Professional-Technical Skills Center, in the Hillyard neighborhood, says Gregory Brown, the district's director of capital projects.The district, which is asking
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—Staff photo by Paul Read

A new era at old R.A. Hanson

Now The Factory Co., venerable operation under new owner
October 23, 2008
Paul Read and Paul Read
When Richard Hanson sold off the name and materials-handling business of RAHCO International Inc. to a Danish conglomerate in 2007, he was content in the twilight of his career running what was left of the heavy-equipment maker—now called The
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