Real Estate & Construction

Low appraisals viewed as a problem by some, misperception by others

Perceptions of a low appraisal trend are misguided, other factors at play

June 5, 2025

In today’s post-pandemic housing market, some real estate agents in Spokane say that residential appraisals are coming in lower than expected, leading to agreed-upon deals being upended and frustrating sellers and buyers.

Unpacking state budget's impact on homeownership

Efforts to improve affordability could come with climbing costs for some

June 5, 2025

Karene Loman

Washington State Gov. Bob Ferguson signed Senate Bill 5167, the state's operating budget for the 2025-2027 biennium, into law on May 20.

Spokane International Airport plans $8.8M fuel facility upgrades

New tank, replacement of others to help meet increased demand

June 5, 2025

Dylan Harris

Spokane International Airport has submitted a permit application for its planned $8.8 million fuel facility upgrade and expansion project.

Spokane developer's office to be remodeled

Tenant-improvement project carries proposed cost of $575K

June 5, 2025

Dylan Harris

Lanzce G. Douglass Inc. is planning a $575,000 remodel of its Spokane headquarters, a building permit application and site plan on file with the city show.

Spokane can learn from New York's office revival

Tenants trend toward leasing a brand, not just space

June 5, 2025

Eric Peterson

Two office projects slated for Spokane Valley

Medical clinic, two-unit office with combined value of $2.4M planned

June 5, 2025

Tina Sulzle

Commerce announces 10% rent cap for remainder of 2025

Maximum annual rent increase for 2026 expected to be announced in July

May 30, 2025

Journal of Business Staff

The Washington State Department of Commerce has announced a 10% maximum annual rent increase for the remainder of 2025.

Aequus Sports hopes to raise $15M

USL Spokane's ownership group seeks funds for new training facility, multifamily project

May 29, 2025

Dylan Harris

Aequus Sports LLC, which owns USL Spokane, hopes to raise $15 million in funding, a recent filing with the U.S. Securities and Exchange Commission shows.

Spokane Sports secures state funding for cross-country course

Construction of the Valley running venue expected to finish this fall

May 27, 2025

Journal of Business Staff

Spokane Sports has been awarded over $280,000 from the Washington State Department of Commerce to help fund construction of The Course Spokane Valley, a cross-country venue expected to open in the fall.