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Real Estate & Construction

Northwest Specialty Hospital sells Post Falls campus for $67.5M

Health care organization's operations remain under physician ownership
September 22, 2022
Virginia Thomas
Northwest Specialty Hospital has sold its buildings and property to a Milwaukee-based investment management company for $67.5 million, becoming a tenant in the 186,000-square-foot facility the specialty hospital formerly owned.
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—File

What's Happening With: Beacon Hill developments

After another delay, work may be back on track soon
September 22, 2022
Mike McLean
Developers behind the long-envisioned but chronically stalled Beacon Hill planned unit development say the first phase of housing construction plans should be back on track in coming weeks, when the pumps that will supply water to the site are installed.
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Daugharty Commerce Park planned in Hayden

42 buildings to occupy 14 acres near airport
September 22, 2022
Erica Bullock
Construction is expected to begin next month on a 42-building complex dubbed Daugharty Commerce Park, which will have 136,000 square feet of commercial space available for lease in Hayden, says Paul Daugharty, member of Daugharty Investments LLC, the ent
Read More
—Erica Bullock

Prairie Living: $25 million retirement complex to open next year on Moran Prairie

$25M development to open next year, employing up to 125
September 22, 2022
Erica Bullock
Construction is under way on a $25 million-plus development dubbed the Gallery at Spokane, which will bring additional senior housing to Spokane's South Hill, says Joe Huskinson, director of operations for Stellar Senior Living LLC, one of the
Read More
—Erica Bullock

Spokane home market is on the road to balance, some Realtors say

Inventory increases; sales drop, but experts says it's all part of a return to normal
September 22, 2022
Erica Bullock
In the Spokane housing market, active inventory, months supply of inventory, and median days on the market are all up by triple digits, while the sales are down by double digits. And while that would indicate a down or declining market typically, prices
Read More

Progressions Credit Union plans North Side branch

Stand-alone location took two years to find, secure
September 8, 2022
Erica Bullock
Progressions Credit Union plans to construct a second stand-alone branch next spring at the northwest corner of Nevada Street and Jay Avenue, says Susan Vuong, the organization's president and CEO.
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Rising Star Latrice Williams: 'Soft whisper' leads to lucrative career

Real estate career built by helping marginalized
September 8, 2022
Karina Elias
When Latrice Williams tries to explain what inspired her to pursue a career in real estate, she describes it as a 'soft whisper” that came from within. 'I know God drove me into real estate,” she explains. 'I know that's a hard way to
Read More

Arizona developer plans big apartment project in Garden Springs neighborhood

Complex to include up to 450 living units
September 8, 2022
Erica Bullock
Alliance Residential Realty LLC, a Scottsdale, Arizona-based real estate development company, plans to construct a 450-unit multifamily apartment complex in the Garden Springs neighborhood of west Spokane, says development director Rob Anderson.
Read More
—Virginia Thomas

New Northeast PDA director eyes revitalization in Hillyard

Skepticism, housing among challenges facing agency
September 8, 2022
Virginia Thomas
Spokane's Northeast Public Development Authority has a new executive director, Jesse Bank, who says he plans to address some of the biggest problems facing the area, though he faces skepticism from the community.
Read More
Staff photo

North 40 to build new Mead-area store

Ranch-farm retailer to anchor new, envisioned retail center
August 29, 2022
Staff Report
North 40 Outfitters plans to build a new, larger store in the Mead area north of Spokane and relocate its existing farm-and-ranch retail location, a Spokane real estate company involved in the project announced this afternoon.
Read More
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