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Real Estate & Construction

Rudeen company to erect $9.9 million, 99-unit apartment complex

Blue Point project to rise in north Wandermere area
July 16, 2015
Mike McLean
For the second time in as many months, Liberty Lake-based multifamily residential developer Rudeen Developments LLC has obtained building permits to construct a large apartment complex in Spokane County.
Read More

Seright family plans to open third Ace Hardware store

Family developing newest outlet in town of Rathdrum
July 16, 2015
Kim Crompton
Sandy and Nancy Seright and their son, Brett, plan to develop an Ace Hardware store in Rathdrum that will be their third in North Idaho.
Read More

Joint venture buys three Spokane Valley apartment complexes

Seattle-Chicago concern invests $26.6 million total
July 16, 2015
Mike McLean
A joint venture involving Seattle-based Security Properties Inc. and Chicago-based Blue Vista Capital Management LLC has acquired three Spokane Valley apartment complexes for $24 million combined, says Davis Vaughn, an acquisitions investment manager for
Read More

De Leon Foods to open second grocery store, tortilla making facility in Spokane Valley

Ethnic grocer's new operation to boost tortilla production
July 16, 2015
Mike McLean
De Leon Foods Inc., a Spokane-based company that operates a Mexican food store and deli, plans to open a second outlet at 15530 E. Sprague, in Spokane Valley, says owner Sergio De Leon.
Read More
—Kevin Blocker

Silvey Construction: Building a healthy niche

Mike Silvey enjoys putting building pieces together
July 16, 2015
Even Mike Silvey has to chuckle somewhat as he ponders the success of the company over which he presides-Spokane Valley-based Silvey Construction Inc.
Read More

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
Read More
—Kevin Blocker

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
Read More
—Ron Joseph Architecture

$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
Read More
—Mike McLean

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
Read More

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
Read More
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