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Real Estate & Construction

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Peirone Produce expects expansion plans to bear fruit

Spokane-based wholesaler to add warehouse space, eyes West Side market
June 19, 2025
Dylan Harris

Spokane-based Peirone Produce Co. is planning a warehouse expansion that will help extend its service area to Washington’s West Side, a business move that would follow in the footsteps of its parent company, URM Stores Inc.


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Large Spokane Valley residential project advances

Contractor, architect selected for Centennial Lofts
June 19, 2025
Erica Bullock

Centennial Lofts, a planned 259-unit apartment building in Spokane Valley, is moving forward in the development process with the selection of a general contractor and architect for the project.


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$165 million development planned at CDA National Reserve

Construction on 55 high-end homes set to begin this summer
June 19, 2025
Tina Sulzle

A Southern California developer is planning a $165 million luxury residential project at CDA National Reserve, a private golf resort near the western shores of Lake Coeur d'Alene.



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Design phase for Indian Trail park progresses

Meadowglen project to address accessibility gap in neighborhood
June 19, 2025
Erica Bullock

Rapid growth in Spokane's North Indian Trail neighborhood has prompted the city's Parks & Recreation department to move forward with a priority development project that will improve the southern half of Meadowglen Park.


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Rates, expectations challenge commercial real estate market

Diverse sector performance shows strong demand in some areas, struggles downtown
June 19, 2025
Erica Bullock

Commercial real estate is showing signs of resiliency in the Spokane market despite a steep interest rate environment, high-priced properties, tariff concerns, and global trade tensions that have been influencing activity in certain sectors.



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AMI Metals to expand Inland Northwest presence

Aerospace manufacturer to build $9M facility in Spokane Valley
June 18, 2025
Journal of Business Staff

Brentwood, Tennessee-based AMI Metals Inc., a global aerospace manufacturer, has announced it will nearly double its Inland Northwest footprint by building a new 101,000-square-foot facility in Spokane Valley.


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Spokane-area home sales continue to outpace 2024

Median price surpasses $450K mark in May
June 9, 2025
Journal of Business Staff

Home sales in the Spokane area this year continue to outpace sales from the same period in 2024.


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Kootenai County home sales, prices rise in May

Active listings nearly 14% higher than last year
June 5, 2025
Journal of Business Staff

Kootenai County single-family homes sold this year reached 922 in May, a 2.7% increase compared to the same time last year, according to the latest Market Snapshot from Coeur d’Alene Regional Realtors.


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Latinos en Spokane envisions $10M community hub

Nonprofit aims to expand health, housing access in east central Spokane
June 5, 2025
Karina Elias

Latinos en Spokane is in the early stages of planning a $10 million cultural center and affordable housing project that will create flexible space for the organization’s growing programs and build over 40 housing units. 


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Spokane group acquires downtown Cd'A apartment tower

10-story Lake Tower Apartments includes 41 living units
June 5, 2025
Tina Sulzle

Spokane-based Fourth Avenue Capital has acquired Lake Tower Apartments in Coeur d’Alene for an undisclosed amount.


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