Spokane Journal of Business

School district acquires parcel near Libby Center

Property eyed for future gifted-program expansion

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Spokane Public Schools has bought a nearly 2-acre parcel of land at 2904 E. Sprague, where the district plans eventually to expand student-education and staff-training programs based at the nearby Libby Center, says Mark Anderson, the district’s associate superintendent for school support services.

The newly acquired parcel is located at the southeast corner of Sprague Avenue and Regal Street, the former site of a small restaurant less than a block north of the Libby Center, which is at 2900 E. First.

Anderson says the site initially will be used for Libby Center parking.

The district likely will expand the Libby Center onto the site as its programs grow, he says.

The two-story former middle school is home to gifted-and-talented education programs and staff-development programs.

“As we continue to thinking about a variety of programs, we may have the need for extra space,” Anderson says.

An example of a growing program, he says, is the Spanish-language immersion program, which was launched at the Libby Center’s kindergarten level last year. Coming this fall, the program will include the first grade.

“Eventually, we’ll have a K-6 Spanish-emersion program,” Anderson says.

Spokane commercial real estate brokers Mike Livingston, of Kiemle & Hagood Co., and Matt Byrd, of SVN Cornerstone, negotiated the transaction.

The Libby Center was built in 1928. Its middle school mission changed in 1996 to focus on the needs of gifted students and staff-development programs.

 

Expansion & Growth

MissFit Ventures North LLC, of Spokane, which does business as Orangetheory Fitness, has leased 4,100 square feet of space in a multitenant retail center at 410 E. Holland for a new exercise gym. Dave Black and Chris Bell, both of NAI Black, handled the transaction. Orangetheory Fitness also operates a gym at 2620 E. 29th, on Spokane’s South Hill.

F4 Properties LLC, the real estate holding company for Fox Trailer Sales, a Post Falls flatbed trailer maker and utility-trailer dealer, has bought 3 acres of land adjacent to its sales and manufacturing facility at 6525 W. Seltice Way, in Post Falls. Craig Hunter and Rob Kannapien, both of Coldwell Banker Commercial Schneidmiller Realty, handled the transaction.

 

Investment

213 E 3rd Ave LLC, an affiliate of Coeur d’Alene-based Secured Investment Corp., has bought as an investment an 11,000-square-foot, two-story retail building at 213 E. Third Avenue, in Spokane, and an adjacent 7,100-square-foot vacant lot at 217 E. Third. Doug Byrd and Cassandra Becker, both of Byrd Real Estate Group LLC, and Greg Tapley, of Live Real Estate LLC, handled the transaction.

Sprague Ave. Properties LLC, of Vancouver, Wash., has bought as an investment a 39,000-square-foot multitenant retail center at 13112 E. Sprague. Steve McIntosh, of Kiemle & Hagood Co., and Michael Favret, of Goodale & Barbieri Co., handled the transaction.

Ron and Angela Mills, of Southern California, have bought as an investment an 11,700-square-foot office-warehouse building at 11350 N. Government Way, in Hayden. Craig Hunter, Rob Kannapien, and Joe Dobson, all of Coldwell Banker Commercial Schneidmiller Realty, handled the transaction.

Mike McLean
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Deputy Editor Mike McLean has worked his entire journalism career in the Inland Northwest. Mike, who also lives to reel in fish and crank up music, has worked for the Journal since 2006.

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