Mike McLean

Rudeen Development to add 221 rental units at Blue Point

Wandermere-area project valued at $21.4 million

January 19, 2017

Rudeen Development LLC has obtained building permits to construct a $21.4 million, 221-unit second phase of the Blue Point Apartments complex north of Spokane in the Wandermere area, Spokane County building permit records show. An executive for the Liber

Spokane's University District seeks new leader

Meantime, Garco awarded $9.3 million bridge project

January 19, 2017

Mike McLean

Just as the city of Spokane has awarded a contract to begin construction of the long-envisioned University District Gateway Bridge, district representatives are looking to replace the person in charge of guiding and promoting U District development. Mark

Low vacancy rates drive up rents

Rising prices put majority of tenants in 'cost-burdened' category

January 19, 2017

Mike McLean

While hundreds of new apartment units are planned and under construction here, the apartment vacancy rate remains low, and more than half of Spokane-area renters pay more than 30 percent of their income on rent. U.S. Census Bureau numbers show 52.2 perce

Project on KXLY site poised to start

Grocer first to commit to South Hill shopping center

January 19, 2017

Mike McLean

A broadcast media company and a pair of Spokane commercial real estate brokers are teaming up to develop a retail center on 17 acres of land on the upper South Hill. Carl Guenzel, a broker with Kiemle & Hagood who is involved in the project, says the dev

Cash&Carry erects new store in north Coeur d'Alene

$1.8 million wholesale outlet to open in spring

January 19, 2017

Mike McLean

Portland-based food distributor and warehouse market Cash&Carry Smart Foodservice is erecting its first North Idaho store in Coeur d'Alene. Cash&Carry obtained a building permit to erect the $1.8 million building in mid-December and hopes to open the C

Steady growth projected again in Kootenai County

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December 15, 2016

Mike McLean

Most sectors of the Kootenai County economy are expected to continue to grow in 2017, although certain industries will be challenged to fill their workforces, some sources there say. Sam Wolkenhauer, Post Falls-based regional labor economist with the Ida

Upswing in real estate said to carry into new year

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December 15, 2016

Mike McLean

Look for activity in the commercial and residential real estate markets to continue their post-recession upswing next year, some market observers here say. Dave Black, CEO of Spokane-based NAI Black, says the Spokane-based commercial real estate brokera

Kiemle & Hagood opens office in Tri-Cities

Commercial brokerage also plans Missoula location

December 15, 2016

Mike McLean

Spokane-based commercial real estate brokerage and property management concern Kiemle & Hagood Co. has opened a new office in Kennewick, its third overall, and plans to open a fourth office early next year in Missoula, Mont. The Kennewick office, about 1

Construction momentum expected to continue

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December 15, 2016

Mike McLean

Construction momentum in the Spokane area will continue upward next year, industry observers here say. Andrea Frye, business development manager at Spokane-based Vandervert Construction Inc., says current positive economic indicators, such as continued j

Gonzaga Prep plans $6 million athletic complex upgrade

Project to expand gym, modernize training center

December 15, 2016

Mike McLean

Gonzaga Preparatory School has launched the public phase of a fundraising campaign for a $6 million athletic facilities improvement project and has started the planning process with the city of Spokane to construct the major components of the project. P