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Real Estate & Construction

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

Recording studio to move downtown

Amplified Wax to leave Garland District by 2016
July 2, 2015
Mike McLean
Amplified Wax LLC, a Spokane recording studio, has bought a 2,400-square-foot, single-story commercial structure at 314 E. Pacific, and plans to move there from smaller, leased quarters in December or January, says Mandy Hill, who co-owns the business wit
Read More

Lanzce Douglass ponders 26-story mixed-use tower

Project location would be at vacant muffler shop site
July 2, 2015
Mike McLean
Spokane developer Lanzce Douglass is proposing to construct a mixed-use high-rise at the former Downtown Midas Muffler location, at the southeast corner of Division Street and Spokane Falls Boulevard, a predevelopment application on file with the city of
Read More
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