The Lilac Room, an upscale craft cocktail lounge tucked between Spokane Comedy Club and Gamers Arcade Bar, is now open at 319 W. Sprague, in downtown Spokane.

Several public amenity projects collectively valued at over $4 million are planned at or near Riverfront Park in downtown Spokane.

Primarily driven by outside capital and nationwide corporate interest, a wave of business acquisitions and early-stage investments has swept through the Inland Northwest this summer. From Missouri and South Dakota to Georgia and Utah, out-of-town buyers and national firms are acquiring and investing in established Spokane-area companies across a variety of industries.

A March 2027 opening is now slated for a new five-story senior living community, dubbed Vineyard Park North Spokane, at 7609 N. Division, bringing 128 new units to Spokane's North Side.

For its latest episode of Elevating The Conversation, the Journal sat down with Alicia Barbieri, co-president of Goodale & Barbieri, to discuss the commercial real estate market.

For many business owners, owning the property where they conduct business provides operational stability for the business and financial diversification and tax benefits for the owner. When it comes time to sell the business, a prospective buyer may want to purchase that real estate along with the business itself.

A Liberty Lake-based residential care company is erecting a new $4 million, 16-bed residential treatment facility on a more than three-fourths acre parcel at 18101 E. Appleway in Spokane Valley.