Real Estate & Construction

Two apartment projects planned in Spokane

156 units proposed in separate complexes valued at $18.3M total

August 25, 2022

Two separate multifamily residential complexes near Mead High School will add 156 apartment units valued at $18.3 million in North Spokane, according to application information on file with Spokane County.

24-unit apartment project gets nod in Spokane Valley

Building will be first of four planned at site near former waterpark

August 25, 2022

Karina Elias

The city of Spokane Valley has approved a building permit for a new $4.6 million, 24-unit apartment structure dubbed Splashdown Apartments to be constructed at 1624 N. Bowdish, in Spokane Valley.

Around Town

Real Estate Transactions and Other Business Moves in the Inland Northwest

August 25, 2022

Staff Report

Spokane Northwest Center, a Renton, Washington-based nonprofit, has leased 11,100 square feet of office and warehouse space at the International Gateway Center, at 10102 E. Knox, Ste. 100, in Spokane Valley, where the company is opening a new office.

Les Schwab proposes Liberty Lake shop

New building to have six service bays, tire storage, showroom

August 25, 2022

Karina Elias

A new commercial permit application has been filed with the city of Liberty Lake with construction plans for a 12,000 square-foot Les Schwab Tire Center, according to information filed with the city.

New $7.5M medical building planned in Hayden

Site is the future home to outpatient surgery center

August 25, 2022

Erica Bullock

A new commercial construction permit has been filed with the city of Hayden for the construction of a 26,900-square-foot surgery center, according to permit information on file with the city.

Heat pump demand expected to grow by next year

New building codes could affect lead times, costs

August 25, 2022

Erica Bullock

Recently proposed Washington state building codes for single-family new construction projects, in addition to climate concerns of consumers, are expected to raise demand for electric heat pump purchases and installations, heating and cooling industry

McKinstry doubles size of its clean energy team

Inflation Reduction Act measures likely to boost energy-efficiency services demand

August 25, 2022

Virginia Thomas

McKinstry Co. has doubled the size of the renewables and energy-efficiency team at its Spokane office in the past three years and expects growth in that sector to continue, as recent federal legislation aims to make clean energy technology more

Projected real estate dip could reduce agent numbers

Industry here could be buoyed by market's momentum, in-migration

August 25, 2022

Virginia Thomas

Real estate experts and market observers here predict an impending economic downturn will have a winnowing effect on the industry's workforce, though Spokane's popularity as a target for in-migration could slow the effects of a downturn on the local

Spokane bucks small business rent-delinquency trend

Some starting leases have begun to increase

August 25, 2022

Karina Elias

Commercial real estate industry experts in Spokane say that although a rise in commercial rent delinquencies is being reported across the country, Lilac City's small businesses have proven resilient, bucking national trends.

What's happening with Spokane developer Mick McDowell

Project eyed for site near city core on hold

August 25, 2022

Mike McLean

Mick McDowell, one of the most prolific Spokane developers of the last few decades, is down to one commercial holding that he's in no hurry to develop.