The recently redeveloped, former Costco Wholesale Corp. building on north Division Street has sold to a private investment group in California for $10.2 million.
Spokane Treatment & Recovery Services plans to build a 64-bed, 42,000-square-foot integrated behavioral health treatment facility and medical clinic on East Nora Avenue, in Spokane Valley, and will hire up to 100 new employees to staff the facility.
Spokane Valley real estate company M3K LLC has purchased the two-building, 18,000-square-foot warehouse and office complex at 118 N. Lee as an investment. John Powers and Brent Johnson, both of NAI Black, handled the transaction.
Public investment often attracts private development, and real estate professionals here hope the planned $92.2 million City Line bus route is no exception.
The Spokane Gun Club is moving forward with plans for a new clubhouse and shooting range on the West Plains after a lawsuit that threatened the organization's plans was dismissed in Spokane Superior Court.
As previously reported by the Journal
As published earlier this month by the Cheney Free Press, the Spokane Tribe of Indians plans to break ground on a new hotel in Chewelah this summer.
That publication also reported the tribe has announced plans to begin construction soon on the second
Liberty Lake-based Greenstone Corp. has sold two of its North Side apartment developments for about $34.5 million.
The complexes involved are the 96-unit Selkirk Lodge, at 9295 N. Coursier Lane, off Indian Trail Road, and the 114-unit NorthStar Lodge
A $25 million single-family housing development called Tangle Ridge Estates is planned just southeast of the Eagle Ridge development, in the Latah Valley area of southwest Spokane.