Spokane Journal of Business

Local News > Real Estate

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Hotel promoters here predict some pain before gain

The Spokane-area hospitality market could take up to five years to absorb all of the new rooms that the new convention center hotel will add to it when the 715-room establishment opens downtown in the summer of 2015, lodging and tourism promoters says. I...

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Aerospace company plans West Plains facility

Exotic Metals Forming Company LLC, a Kent, Wash.-based aerospace supplier, announced this morning at a press conference plans to build a 150,000-square-foot aerospace manufacturing facility on the West Plains. The facility could create as many as 150 j...

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Downtown Business Improvement District attracts outliers

A group of businesspeople in southwest downtown Spokane plans to move forward with a proposal to join the city’s Business Improvement District, citing a need for graffiti cleanup, safety patrols, and beautification. The only caveat is a majority of pro...

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Building permit values hit five-year high, hold momentum

The total value of building permits issued in Spokane County soared to a five-year high in 2013 at just over $1 billion in the unincorporated county and the cities of Spokane and Spokane Valley, and they’re off to a fast start again so far this year. T...

Liberty Lake developer mulls big housing projects

Rivercrossing LLC, an affiliate of Liberty Lake-based real estate development company Greenstone Corp., plans to create a total of 282 residential units in two new subdivisions with a combined value of more than $50 million in the city’s River District....

Former Merlyn’s building to become marketplace

Saranac Building LLC is renovating the building at 19 W. Main where Merlyn’s Comics & Games LLC formerly operated and plans to open a marketplace there on May 1 that tentatively is being called The Saranac Commons. The 7,000-square-foot building will ...

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Property brokerage adds lease, management unit

Prime Real Estate Group, of Spok- ane, has expanded services with a new arm named One Property Management. The new division shares office space with Prime Real Estate Group, at 417 W. First in downtown Spokane. One Property Management offers property...

G&B to oversee iconic 1909 apartment building

Goodale & Barbieri Co., a prominent Spokane-based commercial real estate brokerage, has assumed property management responsibilities for the historic, 104-year-old Altadena apartments and plans to restore and improve certain areas of the lower South Hill ...

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Visible improvement expected for construction industry

Spokane-area residents can expect to see a lot of construction this year, judging by the volume of projects permitted in 2013. Building permit values for Spokane County and the cities of Spokane and Spokane Valley totaled $1 billion in 2013, up a whoppin...

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