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Real Estate & Construction

Concrete pumping tax to proceed

Bill to reclassify service will be reintroduced during next session
April 23, 2020
Virginia Thomas
A bill intended to clarify the definition of concrete pumping services for tax-assessment purposes will be reintroduced in the next session of the Washington state Legislature, says Sen. Jeff Holy, of Cheney.
Read More

Rock Pointe West suites slated for $950K remodel

27K-square-foot space on fourth, fifth floors set for tenant improvements
April 23, 2020
Kevin Blocker
Unico Properties LLC, a Seattle-based real estate investment company, has submitted a permit application to the city of Spokane calling for almost $1 million in tenant improvements at one of four office buildings in the Rock Pointe Corporate Center.
Read More

Iron Bridge building to be converted into condos

Former PAML offices will be transformed into 13 residential units
April 23, 2020
Virginia Thomas
A building in the Iron Bridge development will be reverted to its former use as residential condominiums. The 16,650-square-foot building at 629 N. Iron Court will be remodeled from office space to 13 condo units, says Iron Bridge co-owner Houston Stock
Read More

Tampien envisions two projects along Wall Street

Projects could include total of 104 living units in core
April 23, 2020
Natasha Nellis
Spokane real estate developer Jordan Tampien plans to remodel two Wall Street buildings downtown and convert them to multifamily structures. Permits have been issued for one project
Read More

Residential delinquencies aren't as pronounced in Spokane as on the national scene

Some in industry say more troubles are likely in May, June
April 23, 2020
Natasha Nellis
Despite nationwide reports of more residential tenants missing payments, landlords and property managers in Spokane County say most tenants made rent in April.
Read More

City of Spokane Valley moves ahead with projects

Nearly $46 million in work to take place yet this year
April 23, 2020
Natasha Nellis
The city of Spokane Valley is planning to move forward with all of its planned public projects and has moved up some start dates due to the school closures, says city spokesman Jeff Kleingartner.
Read More
Kevin Blocker

Record year in 2019 to help Kiemle Hagood weather COVID-19

Commercial real estate company had been seeing strong start in early '20
April 23, 2020
Kevin Blocker
The senior leadership team at Spokane-based real estate company Kiemle Hagood finds itself in a considerably more enviable position than many businesses that are suffering through, or have been claimed altogether, by the coronavirus nightmare.
Read More
Bernardo|Wills Architects PC

Two medical office buildings planned in Spokane

Combined value to total about $6.5M, records show
April 23, 2020
Kevin Blocker
Plans for two medical office buildings-one on Spokane's lower South Hill and the other in the northwest part of the city-have a combined project valuation of at least $6.5 million, according to city permit applications.
Read More
Virginia Thomas

Women largely absent from construction fields

More learning opportunities needed for school-aged girls, industry women say
April 23, 2020
Virginia Thomas
A lack of promotion of the construction industry in schools has led not only to a shortage of workers, but a dearth of women in the industry, some women in construction and trades here claim.
Read More
Natasha Nellis

Many national tenants opt not to pay April rents

Retailers, others refer to pandemic as 'force majeure'
April 23, 2020
Natasha Nellis
The commercial real estate sector is taking a hit as business shutdowns and significant cash flow declines force some companies to miss their rent payments, while some in the industry contend that businesses are choosing not to pay.
Read More
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