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Real Estate & Construction

Spokane-area home sales down nearly 10% in March

Inventory up 28% compared to previous year
April 7, 2025
Journal of Business Staff

Single-family home sales in the Spokane area totaled 436 closed sales in March, a 9.4% decrease from the year-earlier total of 481.


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2025 Large Business of the Year Finalist: Black Realty Inc.

Spokane-based company continues to expand into new markets
March 27, 2025
Dylan Harris

Black Realty Inc. has been named a finalist for the Large Business of the Year category in the Journal's 2025 Inland Northwest Business of the Year Awards.


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Two low-income housing projects valued at $103M gear up

Spokane Housing Authority developments to involve over 300 living units
March 27, 2025
Karina Elias

The Spokane Housing Authority is set to start on two housing projects that will bring over 300 housing units geared for low income communities. 


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Airway Heights rental complex gets $22.5M refi

Loan rate is reduced due to green standards
March 27, 2025
Mike McLean

A New York-based real estate finance and investment company has issued a $22.5 million refinance loan for the 128-unit Skyview Heights apartment complex in Airway Heights.


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Developer to revitalize long-vacant downtown structures

RenCorpRealty plans ground-floor retail, 40 living units
March 27, 2025
Erica Bullock

A long-vacant three-story property considered by some as a blight on the city of Spokane's Riverside neighborhood is getting revitalized.


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Distribution facility proposed in Airway Heights

52-door cross-dock facility envisioned on vacant industrial land
March 27, 2025
Erica Bullock

A hotbed of commercial development activity is happening on the West Plains this year including plans for new manufacturing plants, distribution centers, lodging options, and industrial facilities.


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Apartments considered near arboretum in west Spokane

Brumback project to include 76 units, create campus with adjacent office building
March 27, 2025
Erica Bullock

Brumback Real Estate & Construction is proposing a 76-unit apartment building on vacant land tucked between Interstate 90 and Sunset Boulevard in west Spokane.


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2025 Medium Business of the Year Winner: YOY Inc. dba Verdis

March 27, 2025
Karina Elias

Verdis, winner of the 2025 Medium Business of the Year award has accelerated and expanded its growth since first launching. 


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2025 Small Business of the Year Finalist: AllStar Glass Co.

March 27, 2025
Linn Parish

Owned by Dan and Jodi Martinez, AllStar Glass Co. is a finalist for the Inland Northwest Business of the Year Awards, in the small-business category. 



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Work on the airport's Concourse C moves eastward

Additional upgrades of airside, landside, terminal facilities advance
March 27, 2025
Erica Bullock

Facility upgrades at Spokane International Airport continue this year with multiple developments underway to improve passenger boarding, strengthen infrastructure, and increase office space at the major transportation hub.


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