Spokane Journal of Business

Local News > Real Estate

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Manito Shopping Center changes hands for $13 million

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 ...

Integrus Architecture designs embassy compound to be built in northern Africa

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...

AAA renovates South Hill building, readies for move

Spokane-based J.W. Elmer Construction Co. recently began renovating a 5,600-square-foot commercial space on the South Hill, where AAA of Spokane plans to relocate its downtown office. The travel membership organization will be leasing the building at 131...

Living Water launches landscape-service affiliate

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...

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Low-impact development said to be in higher demand

Landscape architect Len Zickler, a principal in the Spokane office of Tacoma-based AHBL Inc., says the company is seeing more requests to design environmentally friendly infrastructure to manage stormwater drainage. He expects this approach, called low-...

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Kiemle & Hagood subsidiary promotes greener building management practices

Kiemle & Hagood Co. says it and a facility-services subsidiary it operates have been using greener building management and maintenance practices they implemented fully three years ago to help building owners and tenants achieve sizable energy savings. Th...

Geothermal gains share in custom home market

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...

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Inland Northwest lenders undergo repo reduction

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...

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Foreclosures climbed in Spokane County last year

Foreclosure actions completed in Spokane County swelled to a record level in 2013 following a four-year low in 2012, despite other indicators of improving real estate market trends. Last year, the Spokane County Auditor’s Office recorded 1,211 foreclos...

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Three new eateries are being built in Kendall Yards

Affiliates of Liberty Lake-based real estate development company Greenstone Corp. are erecting three restaurant buildings with a combined construction valuation of $1.2 million in the Kendall Yards urban village development northwest of downtown Spokane. ...

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