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Real Estate & Construction

Greenstone Commercial

Three new eateries are being built in Kendall Yards

Restaurants to be clustered on main boulevard
January 16, 2014
Mike McLean
Affiliates of Liberty Lake-based real estate development company Greenstone Corp. are erecting three restaurant buildings with a combined construction valuation of $1.2 million in the Kendall Yards urban village development northwest of downtown Spokane.
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Foreclosures climbed in Spokane County last year

County tallies record defaults despite gains in home sales
January 16, 2014
Mike McLean
Foreclosure actions completed in Spokane County swelled to a record level in 2013 following a four-year low in 2012, despite other indicators of improving real estate market trends. Last year, the Spokane County Auditor's Office recorded 1,211 foreclos
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—Staff photo by Treva Lind

Inland Northwest timber industry expects steady recovery in coming year

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December 19, 2013
Treva Lind
The wood products sector is expecting continued, steady improvement next year, largely due to anticipated ongoing recovery in the U.S. housing market, industry observers say. Shawn Church, editor of Eugene, Ore.-based Random Lengths, a publication that t
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—Staff photo by Mike McLean

Spokane-area builders optimistic about sustained growth

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December 19, 2013
Mike McLean
Following an upswing in building activity here in 2013, some construction industry observers are optimistic that forward momentum will carry through the coming year. Jan Quintrall, director of business and development services for the city of Spokane, sa
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Spokane-area real estate comeback is expected to stay on track for third year

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December 19, 2013
Mike McLean
In one of the brighter real estate sectors, Spokane-area residential sales improved for the second consecutive year in 2013, and Ken Lewis, owner of Spokane Valley-based Prudential Spokane Real Estate, says he expects the spring of 2014 to be the best spr
Read More

Inland Northwest economy continues to make positive strides

While some industries face challenges, others report return to prerecession levels
December 19, 2013
Linn Parish
In some sectors of the Inland Northwest economy, activity levels are returning to prerecession levels, welcome news that comes none too soon for economic observers. In overall employment, Spokane-area economists are expecting job growth next year, though
Read More

Choice Realty office moves to North Side

Market rebound drives agency's need for larger quarters, broker says
December 19, 2013
Mike McLean
Choice Plus Realty LLC has moved to Spokane's North Side from a smaller location downtown, says Ron McIntire, the agency's designated broker and co-owner. Choice Realty now occupies 1,200 square feet of leased space in a one-story office development
Read More

Graham Construction awarded job to add Hillyard skills center space

Company also will manage project, which has expected total cost of $13.7 million
December 19, 2013
Treva Lind
Spokane Public Schools has selected Graham Construction & Management Inc., of Spokane, as the general contractor and construction manager for a planned $13.7 million addition to the NewTech Skills Center in Hillyard, where work is scheduled to start next
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Spokane Public Schools eyes shuffling facility uses

District looks to expand programs, reduce some student-teacher ratios
December 19, 2013
Treva Lind
Spokane Public Schools plans to shuffle facility uses by next fall to expand some programs and address a state-required reduction of class sizes for certain elementary grades. Assistant Superintendent Mark Anderson says the district also has started a s
Read More

Wolff Co. sells Big Trout Lodge complex in Liberty Lake

Spokane-born real estate group selling two other multifamily properties
December 19, 2013
Mike McLean
The Wolff Co. has sold two of its big multifamily properties, including the Big Trout Lodge apartment complex in Liberty Lake, and a third sale is pending, says Kennedy Wilson, a Beverly Hills, Calif., real estate investment firm involved in the transacti
Read More
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