Real Estate & Construction

North Spokane shopping center sells for $32M

Thu, 02 Jul 2026 03:00:00 -0400

A Spokane Valley-based real estate development company has purchased 5 Mile Shopping Center, at 1812 W. Francis, and several neighboring commercial buildings for $32 million.

Challenges downtown push office vacancy rate up

Thu, 02 Jul 2026 03:00:00 -0400

Downtown Spokane’s office vacancy rate has increased to about 30% due to postpandemic business trends, aging buildings, rising rent costs, and safety concerns.

Operating room renovations eyed at Sacred Heart

Thu, 02 Jul 2026 03:00:00 -0400

Providence is investing $9 million to modernize four operating rooms at Sacred Heart Medical Center, located at 101 W. Eighth in Spokane, as part of a multiyear project to revamp all 28 surgical rooms at the hospital.

West Side architecture firm builds INW presence

Thu, 02 Jul 2026 03:00:00 -0400

Bremerton, Washington-based architectural firm Rice Fergus Miller Inc. is seeing an increase in work in the Spokane area, and Gunnar Gladics, principal and partner at the firm, anticipates continued growth in both projects and personnel.

Goodwill purchases former minting facility

Thu, 02 Jul 2026 03:00:00 -0400

Goodwill Industries of the Inland Northwest is expanding its North Idaho footprint with the acquisition of the former Sunshine Minting building, in Coeur d'Alene, where the organization is planning to transform the 36,000-square-foot minting facility, located at 750 W. Canfield, into a multifunctional property.

Groundcubed cultivates four-season design in INW

Thu, 02 Jul 2026 03:00:00 -0400

Groundcubed PC's downtown Coeur d'Alene studio is seeking to capitalize on the high-growth environment of the Inland Northwest as it brings its expertise in pedestrian-oriented design and cold-climate landscapes to projects across Idaho and Washington.

Work ongoing at Liberty Lake multitenant project

Thu, 18 Jun 2026 03:00:00 -0400

Construction is underway on the Ridgeline Center, a multitenant commercial development located at 19601 E. Appleway, in Liberty Lake.

Retiring attorney transfers closing operations

Thu, 18 Jun 2026 03:00:00 -0400

Spokane-based Vista Title & Escrow LLC has assumed the residential and commercial closing operations of Robert S. Delaney PLLC, also of Spokane, following the June 15 retirement of longtime attorney Bob Delaney.

Catching up with: Juliet Sinisterra, University District

karinae@spokanejournal.com — Thu, 18 Jun 2026 03:00:00 -0400

The University District has spent the last several years laying the groundwork for the next phase of development to transform the district into a regional hub for innovation, workforce development, and entrepreneurship.

Multiple projects rise on Sprague Avenue

Thu, 18 Jun 2026 03:00:00 -0400

Several commercial projects on Sprague Avenue are creating a hotspot of construction activity on the thoroughfare. Collectively valued at $4.75 million, developments include projects for new office space, a restaurant, a liquor store, and a grocery store, according to permit information on file in the cities of Spokane and Spokane Valley.

Wagstaff adds shipping hub to support growth

Thu, 18 Jun 2026 03:00:00 -0400

Wagstaff Inc. is scaling its nuclear manufacturing capacity with the launch of a new 18,000-square-foot shipping facility, a move designed to clear the way for high-tech fabrication projects at its Spokane Valley campus.

Rental industry faces mounting headwinds

Thu, 18 Jun 2026 03:00:00 -0400

Rising regulatory requirements, escalating operating costs and new state housing laws are creating financial pressures for landlords and property managers that ultimately affect tenants across the rental market.

Spokane consultant offers specialized training

Thu, 04 Jun 2026 03:00:00 -0400

A Spokane entrepreneur is leveraging 62 years of experience in the industrial pump industry by offering educational seminars to maintenance workers and engineers here and across the Inland Northwest.

Multifamily units proposed on lower South Hill

karinae@spokanejournal.com — Thu, 04 Jun 2026 03:00:00 -0400

Construction of a 20-unit multifamily building is expected to begin on Spokane’s lower South Hill in July

Refinancing activity holds steady pace

Thu, 04 Jun 2026 03:00:00 -0400

Refinancing activity in the Spokane market is expected to remain low but steady, as ongoing market uncertainty and global events keep interest rates elevated, according to some industry experts here.

Metal Rollforming Systems moving to Deer Park

Thu, 04 Jun 2026 03:00:00 -0400

Spokane-based Metal Rollforming Systems Inc. is relocating to a new manufacturing hub in Deer Park, where several steel commercial buildings are proposed for development at Stag Industrial Park, at 2101 E. Sixth

Fitness center eyed at old downtown tire shop

Thu, 04 Jun 2026 03:00:00 -0400

The former Les Schwab Tire Center building at 101 W. Second in downtown Spokane could undergo a remodel that would have people pumping iron instead of tires.

CM Development plans two multifamily projects

Thu, 04 Jun 2026 03:00:00 -0400

Spokane-based CM Development & Construction LLC, a developer behind several multifamily projects under construction in Spokane, is planning two new apartment complexes valued at a combined $6.8 million.

Microgrid installation activates at MLK Center

karinae@spokanejournal.com — Thu, 04 Jun 2026 03:00:00 -0400

Avista Utilities, the operating division of Spokane-based Avista Corp., has launched the region’s first community-based microgrid at the Martin Luther King Jr. Family Outreach Center, in Spokane's East Central neighborhood.

Airport begins second phase of TREX program

karinae@spokanejournal.com — Thu, 04 Jun 2026 03:00:00 -0400

Spokane International Airport is in the process of relocating key utilities, setting the stage for the second phase of its Terminal Renovation and Expansion, or TREX program, which aims to build a 255,000-square-foot Central Hall.

SCCU expansion includes new community space

Thu, 04 Jun 2026 03:00:00 -0400

Spokane City Credit Union is planning a new administrative annex building next to its existing property, at 1930 N. Monroe, that will provide more space for its employees.

Jacklin Northwest plans Post Falls retail center

karinae@spokanejournal.com — Thu, 04 Jun 2026 03:00:00 -0400

Jacklin Northwest is in the planning stages of developing a new shopping center at Jacklin Ranch Commercial Park, an 88-acre site just east of Highway 41 and north of Prairie Avenue in Post Falls.

West Plains business park hits holding pattern

Thu, 04 Jun 2026 03:00:00 -0400

The developer behind a proposed eight-unit flex warehouse park, at 9870 W. Flight Drive on the West Plains, is placing the project on hold following declining tenant interest due to higher interest rates, rising material costs, and uncertain market conditions this year.

New church building under development in Cheney

Thu, 04 Jun 2026 03:00:00 -0400

Westside Church Spokane is building a $2.2 million, 12,000-square-foot sanctuary at 11916 W. Melville Road, in Cheney, that will provide a permanent home for the congregation.

Around Town: June 4

Thu, 04 Jun 2026 03:00:00 -0400

Spokane-area builders face higher expenses

Thu, 04 Jun 2026 03:00:00 -0400

The construction industry is currently facing a significant surge in expenses driven by rising material costs, fuel prices, and complex regulatory requirements leading to challenges in balancing tighter margins with affordability, some builders say.

Public Defender building is under contract

Thu, 04 Jun 2026 03:00:00 -0400

The city of Spokane is preparing to bolster its general fund by $2.1 million following the sale of its 11,800-square-foot North Monroe Public Defender Building. The deal, which is expected to close this month, is under contract for purchase by Ryan Best, of Spokane-based Best Law PLLC, and Beth Pierce according to a 14 page sale and lease agreement on file with the city.

The future of development is vertically integrated

Thu, 04 Jun 2026 03:00:00 -0400

The construction and development industry has changed significantly over the past two decades. Projects that once required a complex process involving a series of disconnected steps now are developed through a far more collaborative, strategic, and integrated approach.

Heritage Bank moves, receives branch approval

karinae@spokanejournal.com — Thu, 21 May 2026 03:00:00 -0400

Olympia, Washington-based Heritage Bank has moved to a new permanent location following recent approval to operate as a full-service branch, says James Krejci, senior vice president and commercial team leader.

River City Apartments purchased for $6M

Thu, 21 May 2026 03:00:00 -0400

A recently constructed 30-unit apartment complex near the Spokane River changed hands last month, indicating growing investor demand for finished multifamily projects, says Bryan Walker, land development and investment specialist at Spokane-based NAI Black.