Real Estate & Construction

Rock Pointe West suites slated for $950K remodel

27K-square-foot space on fourth, fifth floors set for tenant improvements

April 23, 2020

Unico Properties LLC, a Seattle-based real estate investment company, has submitted a permit application to the city of Spokane calling for almost $1 million in tenant improvements at one of four office buildings in the Rock Pointe Corporate Center.

Iron Bridge building to be converted into condos

Former PAML offices will be transformed into 13 residential units

April 23, 2020

Virginia Thomas

A building in the Iron Bridge development will be reverted to its former use as residential condominiums. The 16,650-square-foot building at 629 N. Iron Court will be remodeled from office space to 13 condo units, says Iron Bridge co-owner Houston Stock

Tampien envisions two projects along Wall Street

Projects could include total of 104 living units in core

April 23, 2020

Natasha Nellis

Spokane real estate developer Jordan Tampien plans to remodel two Wall Street buildings downtown and convert them to multifamily structures. Permits have been issued for one project

Residential delinquencies aren't as pronounced in Spokane as on the national scene

Some in industry say more troubles are likely in May, June

April 23, 2020

Natasha Nellis

Despite nationwide reports of more residential tenants missing payments, landlords and property managers in Spokane County say most tenants made rent in April.

City of Spokane Valley moves ahead with projects

Nearly $46 million in work to take place yet this year

April 23, 2020

Natasha Nellis

The city of Spokane Valley is planning to move forward with all of its planned public projects and has moved up some start dates due to the school closures, says city spokesman Jeff Kleingartner.

Record year in 2019 to help Kiemle Hagood weather COVID-19

Commercial real estate company had been seeing strong start in early '20

April 23, 2020

Kevin Blocker

The senior leadership team at Spokane-based real estate company Kiemle Hagood finds itself in a considerably more enviable position than many businesses that are suffering through, or have been claimed altogether, by the coronavirus nightmare.

Two medical office buildings planned in Spokane

Combined value to total about $6.5M, records show

April 23, 2020

Kevin Blocker

Plans for two medical office buildings-one on Spokane's lower South Hill and the other in the northwest part of the city-have a combined project valuation of at least $6.5 million, according to city permit applications.

Women largely absent from construction fields

More learning opportunities needed for school-aged girls, industry women say

April 23, 2020

Virginia Thomas

A lack of promotion of the construction industry in schools has led not only to a shortage of workers, but a dearth of women in the industry, some women in construction and trades here claim.

Many national tenants opt not to pay April rents

Retailers, others refer to pandemic as 'force majeure'

April 23, 2020

Natasha Nellis

The commercial real estate sector is taking a hit as business shutdowns and significant cash flow declines force some companies to miss their rent payments, while some in the industry contend that businesses are choosing not to pay.

$85 million in new development envisioned at Schweitzer

Early snow, coronavirus delayed new hotel work; opening pushed back

April 23, 2020

Kevin Blocker

The owner of Schweitzer Mountain Resort envisions about $85 million worth of enhancements at the North Idaho ski resort over the next decade, executives there say.