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Real Estate & Construction

Investor buy Jefferson, Norman buildings in downtown Spokane

Mixed uses envisioned for both structures
July 2, 2015
Mike McLean
Yellow Door Properties LLC, a Spokane real estate investment concern, has bought two adjacent downtown buildings known as the Jefferson Building and the Norman Building, and plans to rehabilitate the structures as mixed-use retail and residential developm
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Recording studio to move downtown

Amplified Wax to leave Garland District by 2016
July 2, 2015
Mike McLean
Amplified Wax LLC, a Spokane recording studio, has bought a 2,400-square-foot, single-story commercial structure at 314 E. Pacific, and plans to move there from smaller, leased quarters in December or January, says Mandy Hill, who co-owns the business wit
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Lanzce Douglass ponders 26-story mixed-use tower

Project location would be at vacant muffler shop site
July 2, 2015
Mike McLean
Spokane developer Lanzce Douglass is proposing to construct a mixed-use high-rise at the former Downtown Midas Muffler location, at the southeast corner of Division Street and Spokane Falls Boulevard, a predevelopment application on file with the city of
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Rental home redeveloper branches into contracting

Kelley Developments eyes external construction jobs
June 18, 2015
Mike McLean
Keith Kelley, a Spokane residential rental property redeveloper, has launched Kelley Developments LLC, a contracting business. Kelley also heads up Kelley Rental Properties LLC, of Spokane, which owns and manages 10 Spokane-area properties. Kelley Devel
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Seattle investors buy two multifamily properties

Mortgage broker's office here provided financing
June 18, 2015
Mike McLean
Newmark Realty Capital Inc. has arranged $6.1 million in financing for a Seattle-based real estate investment group's acquisition of two Spokane multifamily rental properties with a total of 148 apartment units, says Demetri Koston, vice president at Ne
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—Kevin Blocker

Updated Michael Building in downtown Spokane fills with tenants

13 of 18 living units taken in 125-year-old structure
June 18, 2015
Spokane's historic downtown Michael Building is more than half occupied with tenants following an extensive recent renovation, says Bob Spooner, of Spokane-based Goodale & Barbieri Co., the leasing and property manager for the structure. Diamond Parkin
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Spokane Sunscreen consolidates operations

Longtime window-tinting business started in 1947
June 18, 2015
Samantha Peone
Spokane Sunscreen LLC, a longtime window-tinting business here, has consolidated its Spokane Valley and Spokane locations into a 7,500-square-foot store at 7227 E. Sprague that has more space than its former two locations combined, says co-owner Rick John
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Knife River buys quarry near Cheney

National rock company also has rock pits in Rathdrum, Colville
June 18, 2015
A Bismarck, N.D.-based rock company has bought a 165-acre rock quarry about halfway between Cheney and Spokane, a spokeswoman says. Knife River Corp. purchased the pit at 9404 S. Cheney-Spokane Road, says Colleen Johnston, the company's office and huma
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—Linn Parish

Barry Baker: Constructing post-recession success

-
June 18, 2015
Linn Parish
Barry Baker is a second-generation builder who has worked in the Spokane construction sector for nearly 40 years. As president of Baker Construction & Development Inc., the 60-year-old commercial contractor has seen the 64-year-old company started by his
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—Kevin Blocker

Davenport Grand Hotel is off to strong start

Worthy concern booked 20K rooms before opening
June 18, 2015
Don't plan on staying at the posh, Davenport Grand Hotel between July 7 -11. It's booked. The hotel will be at capacity when it hosts its first official group of convention attendees-1,300 sales reps from the national company Essential Oils. And fo
Read More
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