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Tuesday, January 9, 2018

Large new office buildings planned at Spokane Valley's Pinecroft Business Park

Pinecroft Business Park is already a very active area of businesses along Mirabeau Parkway in-between Pines and Mirabeau Park in Spokane Valley. Businesses like Next IT, Sears Marketing Center, Faneuil, and a several more already have offices in the complex. But, the northern end of the development is still largely vacant land, but we're now learning there is big plans for a portion of this area.

The area along E. Pinecroft Way where the property abuts the Spokane River will gradually become a complex of large new office buildings with one tenant already signed on and likely many more to be announced in the near future.

Three office buildings will be built out as the market demands along the river. Each will have about 42,000 square feet with the first building's second story already being leased, that building will be at 12939 E. Pinecroft Way.

That space will be used by Northwestern Mutual who plan to consolidate their Spokane offices in the one office at Pinecroft. Their offices had been in a couple of buildings South Hill and this move will give that company more space with an about 20,000 square foot office. It will also allow Northwestern Mutual to hire more financial advisors and professionals. The first floor is still available for lease and plans are for the first building to be complete sometime this Summer.

In recent months Pinecroft Business Park has also completed development and construction of 2 buildings right next to each other at 12709 E. Mirabeau Pkwy. . One of the 2 buildings at 10,000 square feet is now occupied by PayTrace, Inc. a payment processing company. 12,500 square feet of office space remains for least there and plans call for a deli or similar food service business to also open at that same site at some point.

Pinecroft Business Park's businesses employ over 2000 and offer over 400,000 square feet of office space. The property is leased / managed by JMA Commercial Real Estate , for more information on Pinecroft visit their website at-