Real Estate & Construction

Nicks Handmade Boots buys old Display House building

Company to move from smaller space in Hillyard

July 16, 2015

Nicks Handmade Boots has bought the former Display House building in Spokane Valley and plans to move its operations there this fall, says Nicks general manager Frank Petrilli. The 20,000-square-foot space, which is located at 6510 E. Sprague and will h

Developer buys building along Riverside in downtown Spokane

Craven hopes to rehab old structure next year

July 16, 2015

Developer Mike Craven says he recently bought the Genesee Block building at 819 W. Riverside in downtown Spokane and plans to rehabilitate the two-story, 8,400-square-foot structure, but hasn't finalized any details for the renovation. Craven says he f

$13.5 million mixed-used project slated near Gonzaga University

Developer plans to start construction this summer

July 16, 2015

Mike McLean

Spokane developer Kent Hull plans to begin construction this summer on a $13.5 million mixed-use project on the Hamilton Street corridor near the Gonzaga University campus. With a tentative address of 1002 N. Hamilton, the 2-acre project site would take

Spokane-area home construction, sales climb

Entry-level buyer market slower to gain momentum

July 16, 2015

Mike McLean

New home construction and existing home sales have continued to climb here for the first half of this year, and existing home sales also have risen at a brisk pace, continuing a multiyear rebound since the deep recession-triggered residential real estate

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

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

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

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

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

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