Spokane Journal of Business

Local News

Apartment developer buys Boise complex

Alvin J. Wolff Inc., the brokerage and acquisition division of The Wolff Companies, of Spokane, has bought a 288-unit apartment complex in Boise as the first move in what will be an aggressive plan to penetrate apartment markets in other Western H....

Valley retirement center will cost $21.5 million

A Spokane Valley development company and a Spokane nursing-home operator plan to build a $21.5 million, 200-unit retirement complex in the Spokane Valley.The development company, Arger Capital Corp., owned by brothers Prokey and Greg Arger, and...

Shop illuminates sleepy Madison

A warm glow emanates from a storefront nestled among run-down structures on a sleepy block of south Madison Street downtown. Through the picture windows, light radiates from antiquated lamps and 1930s ceiling fixtures on display in the showroom...

Business park eyed off Freya

Spokane businessman Dave Clack and North Idaho businessman Harry Magnuson are considering developing a business park on 18 acres east of a railroad overpass on Freya Street in the heart of East Spokanes industrial area.A portion of the has for...

Wash. Trust parent posts record profit

Spokane-based WTB Financial Corp. posted record net income of $15.6 million for 1997, up 6.9 percent from 1996.The financial services holding company, the parent of Washington Trust Bank, of Spokane, also reported solid gains in assets, loans, a...

Plans show Shadle Wal-Mart

Plans have been submitted to the city of Spokane for a proposed 120,000-square-foot Wal-Mart store at Shadle Center on Spokanes North Side.If the project proceeds as expected, the new development would give the aging retail complex a facelift...

Jobs added here at a fast clip

Employment in the Spokane area rose 4 percent in 1997the biggest year-to-year gain in jobs in the 1990s, according to the latest full-year figures from the state of Washington.Last year, the number of people employed in the Spokane area rose...

I-90 Express Finishing coats the inland market

Theres something to be said for recognizing ones aptitude and exploiting it.Thats what Spokanes Kevin Collins did after going to work in 1984 for a finishing shop in Redmond, Wash., that painted sheet-metal, cast-aluminum, machined, and...

Truck-stop chain here to expand its reach

Spokane-based Alsaker Corp., which owns a chain of Flying J truck stops, mostly in the Inland Northwest, is extending its geographical reach and hopes to acquire two more truck stops by the end of this year.The company, which owns properties in...

Trustee to sell Layrite site on Trent

Layrite Products Co., the longtime Spokane block maker that shut its doors last year, allegedly is in default on four major loans, and property on Trent Avenue where its plant operated for decades is slated to be sold in a trustees sale to the on...

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