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Real Estate & Construction

California investor buys South Hill apartment complex

39 living-unit Timber Court acquired for $2.1 million
February 25, 2016
Mike McLean
Chris Nelson, of Manton, Calif., has bought the Timber Court Apartments complex on the South Hill for $2.1 million, says Joel Crosby, a commercial real estate broker involved in the transaction. Timber Court Apartments, located at 2707 E. 37th, has 39 un
Read More

Garco Construction wins $32.6 million job at Michigan air force base

Project will support rapid refueling of KC-135 planes
February 25, 2016
Mike McLean
Garco Construction Inc., of Spokane, has been awarded a $32.6 million construction contract to build a massive jet-fuel storage and delivery system at Selfridge Air National Guard base, in Michigan, says Katie Fitzpatrick, a Garco spokeswoman. The base,
Read More
—Craftsman Construction Inc.

Building demand for aging in place

Interest, resources grow as more seniors look to prolong living independently
February 11, 2016
LeAnn Bjerken
The term 'age in place” is used to describe those homeowners who desire to safely, independently, and comfortably remain in their homes and communities as long as possible. As the next wave of homeowners approaches retirement, looking to add age-rel
Read More
—Mike McLean

Upscale apartments nearly completed near Spokane's University District

Riverwalk project targets young pros, empty nesters
February 11, 2016
Mike McLean
Developers are putting the finishing touches on the first of two planned six-unit, high-end apartment buildings on the bank of the Spokane River, near Spokane's University District. The nearly completed Riverwalk Apartments building is located at 722 N
Read More

Central Valley School District buys Broadway Square apartment complex

District says land needed to relocate middle school
February 11, 2016
Mike McLean
Spokane Valley-based Central Valley School District has bought for $2.3 million the Broadway Square Apartments complex at 11910 E. Broadway, in Spokane Valley, and plans to demolish it to make room for the envisioned replacement of North Pines Middle Scho
Read More

National Furniture to move, raze longtime building along Division

High-traffic location leased out to Carl's Jr. franchisee
February 11, 2016
Mike McLean
National Furniture Store Inc., the Spokane furniture retailer known for its 'No Baloney” tagline, plans to move out of its aging building on Division Street, which will be demolished and replaced with a national burger restaurant chain outlet, says Ma
Read More
—LeAnn Bjerken

Work on Spokane's North-South freeway hits lull

However, other road improvements are slated in East Spokane this year
February 11, 2016
LeAnn Bjerken
Work on the $1.49 billion North Spokane Corridor project has hit a lull this year, despite the Washington state Legislature last year having approved $750 million to complete the long-awaited project. That doesn't mean, though, that contractors won'
Read More

Huge Indian Trail projects eyed

Potential 1,800 living units raise worries about traffic
February 11, 2016
Mike McLean
Two developers are asking the city for comprehensive land-use plan amendments that would enable them to build potentially more than 1,800 dwelling units combined in the Indian Trail area, raising concerns about traffic congestion in the northwest Spokane
Read More

WSU Spokane selects Jensen-Byrd developer

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January 29, 2016
Staff Report
Washington State University Spokane said it has selected a limited-liability company that includes McKinstry Spokane LLC to redevelop the Jensen-Byrd Building, a long-vacant, six-story warehouse building on the WSU Spokane campus. The company, named JB
Read More

Couple buys Windermere Real Estate agencies in Spokane Valley, Liberty Lake

Wetzels expand holdings beyond support services
January 28, 2016
Kim Crompton
Scott Wetzel, owner of a Spokane-based real estate support services company that works with Windermere Real Estate agencies over a broad Mountain West region, says he and his wife, Tracie, have moved into the real estate front lines by buying two Winderme
Read More
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