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Real Estate & Construction

NATASHA NELLIS

Cortner Architectural steadily grows client base

Company expects 2020 revenue to remain flat
July 16, 2020
Natasha Nellis
Tucked away in a white-brick house with a bright blue porch in Browne's Addition is Cortner Architectural Co., a longtime Spokane architecture company that traces its roots back to the early 1920s. The firm has been growing its client base steadily and
Read More
Natasha Nellis

Industrial real estate remains in strong demand in Spokane area

Land, essential-retail investment gains traction
July 16, 2020
Natasha Nellis
Brokers here say some sectors of the commercial real estate industry have remained strong despite transactions skidding to a near halt as the mandates issued to reduce the spread of the coronavirus rippled through the state and shut down businesses.
Read More
Virginia Thomas

Rebound follows initial drop in coworking usage

Outbreak daunted users, but operators expect popularity to increase
July 16, 2020
Virginia Thomas
Managers and owners of coworking spaces in the Spokane area say that while occupancy is low due to the COVID-19 pandemic, those who have been taking advantage of such spaces are thankful to have them, and the popularity of coworking spaces could increase
Read More
DON HAMILTON

Spokane architects discuss pipeline realities

Coming off strong years, some firms expected slowdown before pandemic
July 16, 2020
Virginia Thomas
Some architects here say they're beginning to see a slowdown in a few design sectors, with some projects in the pipeline put on hold indefinitely due to the pandemic-induced economic slowdown. Jeff Warner, principal with Spokane-based ALSC Architects
Read More
Kevin Blocker

The Airway Heights Housing Boom

Median prices are going up with demand, remain below South Hill, Valley values
July 16, 2020
Kevin Blocker
Karen O'Donnell, a real estate broker with Coldwell Banker Tomlinson, has worked as a broker in the region since 2002, and has marketed newly constructed homes since 2008. She's claims she's never seen anything in Spokane County that rivals the
Read More

Selkirk Pharma expands vision for West Plains plant

Plans on file with city show startup intends to employ 320 people
July 16, 2020
Natasha Nellis
Selkirk Pharma Inc.'s envisioned manufacturing plant on the West Plains will be more than double the size originally indicated, emerging details show. The Spokane-based injectable-drug manufacturing and packaging startup could break ground on the
Read More

McKinstry affiliate agrees to buy U District land

Transaction to be completed later this summer
July 8, 2020
Kevin Blocker
A McKinstry Co. subsidiary has agreed to acquire land for continued development of Spokane's University District. Avista Development Inc., the development arm of Spokane-based power company Avista Corp., plans to sell a 1.5-acre parcel along the nort
Read More

Ecology awards $23 million in grants

Conservation district gets $1.8M in funds for Hangman Creek
July 2, 2020
Natasha Nellis
The Washington state Department of Ecology has awarded nearly $1.8 million in grants and loans to the Spokane Conservation District for two Hangman Creek clean water projects. In total, 19 clean water projects in counties throughout Eastern Washington
Read More

Colorado group acquires two Rathdrum companies

Mandere, Northwest Building to retain employees, names
July 2, 2020
Natasha Nellis
Denver, Colorado-based Kodiak Building Partners has added two Rathdrum-based construction companies to its growing portfolio. Mandere Construction Inc. and Northwest Building Components Inc. have been acquired by the building materials supply and
Read More

Around Town

Real Estate Transactions and Other Business Moves in the Inland Northwest
July 2, 2020
Staff Report
Spokane-based Turner Family Enterprises LLC has purchased as an investment nearly 7 acres of vacant land on the southwest corner of Bigelow Gulch Road and Jensen Road. Gene Arger, of G. Arger Company Real Estate Inc., handled the transaction. Spokane-b
Read More
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