Real Estate & Construction

Kent Hull lines up major projects

Iron Bridge, Hayden developments envisioned

March 24, 2016

Kent Hull, managing partner at Iron Bridge Office Campus, says his development companies are planning major projects in Spokane and Hayden that could total $70 million in construction value. The project closest on the horizon would be Iron Bridge IV, a 9

Yost, Gallagher combine construction companies

Merged business to move main office to larger facility

March 24, 2016

Mike McLean

Jeff Gallagher, owner of Gallagher Construction Group Inc., and Cory Yost, owner of Yost, Mooney & Pugh Contractors Inc., say they're merging their commercial construction contracting companies to form Yost Gallagher LLC. The merged company initially w

Coeur d'Alene Re/Max broker opens Spokane-area office

Satellite location to serve 11 Washington agents

March 24, 2016

Mike McLean

Re/Max Infinity Group, the Coeur d'Alene-based franchise of Denver-based Re/Max International Inc., has opened a real estate office in Spokane, says Colleen Kelley, the franchise owner. The office occupies 900 square feet of space in the Latah Creek Pl

Catholic Charities plans third project for homeless

Nonprofit hopes to start $5 million building in July

March 10, 2016

Mike McLean

Catholic Charities of Spokane hopes to start construction this summer on another 51-unit residential building in the next phase of its Father Bach series of low-income apartments for the chronically homeless. John Fisher, housing development manager for

Spokane County assessments hit record

Valuations top $40 billion; tax revenue rises 3 percent

March 10, 2016

Mike McLean

The overall property value for Spokane County reached a record level in 2015, finally breaching the earlier crest of 2009, says Byron Hodgson, the county's deputy assessor. Spokane County's total assessed value for 2015 was $40.2 billion, up from $38

City Hall project goes to bid this month

$14.4 million complex to be finished by fall 2017

March 10, 2016

Mike McLean

The city of Spokane Valley expects to issue a call for contractor bids this month for its envisioned $14.4 million City Hall project, says Mark Calhoun, acting city manager. Calhoun says he anticipates the contract will be awarded in May, and constructio

Cornerstone's worldwide office network rebrands

Shorter SVN name reflects large franchise's evolution

March 10, 2016

Mike McLean

Sperry Van Ness|Cornerstone, the boutique Spokane commercial real estate brokerage, has changed its name to SVN Cornerstone to reflect a rebranding by the Boston-based Sperry Van Ness International Corp. network that the brokerage here joined less than a

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

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,

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 placeâ€ 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