Mike McLean

Inland Northwest lenders undergo repo reduction

'Dramatic improvement' said tied to optimism in economy

January 30, 2014

Financial institutions have reduced greatly the amount of repossessed real estate on their books following the Great Recession. Scott Southwick, chief credit officer for Spokane-based Inland Northwest Bank, says nonperforming assets, which include reposs

Geothermal gains share in custom home market

Alternative costs more to install, less to operate

January 30, 2014

Mike McLean

Geothermal heating and cooling systems are gaining acceptance in residential construction here, although most adopters of the heat-transfer technology are in the upscale custom home market. Jeff Fountain, a principal at Copeland Architecture & Constructi

Living Water launches landscape-service affiliate

Founders buy North Side property for operations

January 30, 2014

Mike McLean

Living Water Lawn & Tree Care Service, of Spokane, now has an affiliate, Living Water Landscape Services. The new company will be located in a 3,600-square-foot building on 2.7 acres of land at 8227 N. Regal. Living Water founders Michael and Lisa Fairbu

Imprezzio's sales-lead technology earns patent

Software created to help users manage contacts

January 30, 2014

Mike McLean

The U.S. Patent Office has awarded Spokane-based business software company Imprezzio Inc. its first patent for its sales-lead management technology. The technology is part of Imprezzio's proprietary software named LeadFlowPro, which filters and routes

Integrus Architecture designs embassy compound to be built in northern Africa

Other firms here to work on $131 million project

January 30, 2014

Mike McLean

The U.S. State Department has awarded a $131 million contract to a design-and-construction team that includes Integrus Architecture PS, of Spokane, as the architect of record for a new U.S. embassy compound to be constructed in the northwestern African co

Manito Shopping Center changes hands for $13 million

Black Realty unit retains property management

January 30, 2014

Mike McLean

A California real estate investment group has bought the Manito Shopping Center for $13 million, says Dave Black, a principal in Spokane-based Black Realty Management Inc., which manages the property. Manito Shopping Center, located at 802 E. 29th, near

Kiemle & Hagood, NAI Black tally record years

Region's largest brokerages cite growth in multiple sectors

January 30, 2014

Mike McLean

Two of Spokane's largest commercial real estate brokerages say 2013 was a landmark year. Kiemle & Hagood Co. had its most profitable year in 2013, says Larry Soehren, company president.

Gonzaga gets interest break with tax-exempt bonds

$53 million mostly will go to university center project

January 16, 2014

Mike McLean

The Washington State Higher Education Facilities Authority last month issued revenue bonds that will help finance a new university center that's under construction at Gonzaga University, executives at the Jesuit school here say. Chuck Murphy, Gonzagaï¿

Meridian erects multitenant buildings near Cd'A WinCo

Structures to include space for up to 14 retailers

January 16, 2014

Mike McLean

Meridian Construction Inc., of Spokane Valley, is erecting two multitenant commercial structures at The CrossRoads Coeur d'Alene retail center in northwest Coeur d'Alene, says Mark D'Agostino, Meridian's president. The 16-acre CrossRoads Coeur dâ

Community center plans move to Browne's Addition

Part of Lutheran church to be remodeled for youth programs

January 16, 2014

Mike McLean

The Peaceful Valley Community Center plans to move to the lower level of All Saints Lutheran Church, in the Browne's Addition neighborhood, following a reno-vation project there, says church pastor Alan Eschenbacher. The construction cost for the proje