Spokane Journal of Business

Local News > Real Estate

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SRM Development secures $20 million in private capital

SRM Development LLC, a Spokane-based development company, has secured $20 million in capital through a private placement with investors. The developer, which focuses on senior housing, multifamily housing, and commercial buildings, will use SRM Senior Ho...

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Around Town

Axtell Law Office PLLC has purchased 960 square feet of office space in the Flour Mill building, at 621 W. Mallon. The Spokane law practice plans to move to suite 608 from larger quarters elsewhere in the Flour Mill. Ron Horton and Colin Conway, both of K...

Windermere Liberty Lake to move into larger space

Black Pearl Holdings LLC, which does business as Windermere Valley/Liberty Lake real estate brokerage, plans to move its operations from the second floor to larger quarters on the third floor of the multitenant office building at 695 N. Legacy Ridge Drive...

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Self-storage demand booms in the Inland Northwest

The need for rental self-storage facilities has surged here in recent years, some Inland Northwest industry veterans say, and the storage construction permit volume has surged past the pre-recession peak. “In the past 2 1/2 or three years, growth has b...

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Catholic Charities plans two more Father Bach structures in Spokane

Catholic Charities of Spokane hopes to begin construction in the fall on the fourth and fifth buildings in the Father Bach series of low income housing apartment projects, says Jonathan Mallahan, vice president of housing for Catholic Charities Spokane, w...

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North Spokane Corridor’s Columbia-Freya phase to start this month

The Washington state Department of Transportation is set to begin the next phase of construction on the North Spokane Corridor later this month, with what’s being called the Columbia-Freya project, says Al Gilson, Spokane-based spokesman for the departm...

Bouten Construction to build new Vanessa Behan Crisis Nursery

The Vanessa Behan Crisis Nursery has named Spokane-based Bouten Construction Co. as the contractor for the crisis nursery’s new 30,000-square-foot facility at 2230 E. Sprague, noting the construction company’s past projects with NAC Architecture, the ...

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New law sets foundation for taller wood buildings

Senate Bill 5450, signed into law by Gov. Jay Inslee earlier this year, goes into effect today, June 7, enabling builders to use certain new timber products to construct bigger buildings than had been permitted previously. The bill specifically directs t...

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15-unit apartment project rises near South Perry District

The Second Scott LLC, a Portland, Ore.-based real estate developer, is constructing a $2.6 million, 15-unit apartment building at 743 S. Scott, near Spokane’s South Perry District, says company partner Jordan Samiee, one of the owners. Samiee says the ...

Yost Gallagher awarded $1.5 million retail project

Yost Gallagher Construction LLC, of Spokane, has been awarded a $1.5 million contract to construct a new retail building a 513 E. Hastings Road, just east of the Wandermere Shopping Center. Yost Gallagher project manager Daniel Jones says the company bro...

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