Real Estate & Construction

Dollar Fulfillment purchase land in Post Falls

E-commerce company buys parcel adjacent to site for NanaMacs

December 19, 2019

Hayden-based ecommerce fulfillment company Dollar Fulfillment has purchased 5 acres of land in the Bighorn Industrial Park, just off Hargrave Avenue in west Post Falls. Founder and CEO Jason Macek declines to comment on plans for the newly acquired land.

Construction sector could see modest easing next year

Labor shortages persist, as does uncertainty about effects of I-976

December 19, 2019

Natasha Nellis

Cheryl Stewart contends that 2020 will be another strong year for the commercial construction industry, albeit not as strong as 2019. 'Everybody is sitting back watching for a recession,â€ says Stewart, executive director of the Inland Northwest

Spokane real estate activity in 2020 to mirror '19

Demand for office space expected to increase

December 19, 2019

Natasha Nellis

Sales of single-family homes and condos are expected to slow even more in the coming year as supply continues to lag behind demand, say area experts. Rob Higgins, executive vice president of the Spokane Association of Realtors, expects the real estate

Plans for River Bend waterfront complex expanded

Scope grows, value totals $45M, documents show

December 19, 2019

Natasha Nellis

Sagamore Capital has doubled the scope of its planned River Bend waterfront multifamily community in Spokane's University District, with the addition of two multifamily housing buildings to the plans. A representative of the Phoenix-based development

Spokane groups establish legislative priorities

Issues surrounding housing, health care to be focal points

December 19, 2019

Virginia Thomas

Issues and opportunities involving housing and health care top the list of priorities for Spokane-area municipalities and organizations as they prepare to make their cases at the 2020 Washington state legislative session. To bolster the housing market

AROUND TOWN

Real Estate Transactions and Other Business Moves in the Inland Northwest

December 5, 2019

Staff Report

Bend, Oregon-based SFP-E LLC has purchased as an investment the 5,000-square-foot retail center at 817 W. Third, formerly occupied by Troy's Tires. Taylor Gibbons, of SVN Cornerstone, handled the transaction.

Hayden Homes to award affordable housing grants

Up to $100K available for city, county, others

November 21, 2019

Virginia Thomas

Redmond, Oregon-based homebuilder and developer Hayden Homes LLC has announced an initiative that will award a total of $150,000 in grants to three cities, counties, or agencies in Washington, Idaho, and Oregon

Spokane International Academy finds new home

Charter school expected to relocate by fall 2020

November 21, 2019

Natasha Nellis

The 4-year-old Spokane International Academy has leased a new home at 777 E. Magnesium in north Spokane, says Travis Franklin, principal of the charter school.

Developer plans apartments new North Central High School

Another North Side project is under consideration

November 21, 2019

Kevin Blocker

The city of Spokane has approved plans for an apartment complex just north of downtown, near North Central High School. Spokane-based Barnham Group plans to develop the 24-unit Wall Street Apartments complex on a vacant lot at 1405 N. Wall

HOPE building is on horizon for Morning Star Boys' Ranch

Nonprofit expects new facility will be ready early next summer

November 21, 2019

Natasha Nellis

Work has started on the planned expansion at the Morning Star Boys' Ranch, and while the project started later than anticipated, executive director Audrea Marshall says it's now 'cruising right along.â€