Seattle based Leavitt Capital Companies is no stranger to Spokane. The company owns a handful of properties locally and has a regional office in the heart of Downtown Spokane. But, it looks like now they are looking to increase their footprint in our region.
That's because we've recently uncovered that Leavitt is planning to build a new industrial complex in Spokane Valley called the Montgomery Logistics Center. This new complex will be built in phases and will be in the 11000 block of E. Montgomery, west of Pines Rd. It will actually be adjacent to the Central Business Park building which is a 500,000 square foot former distribution center also owned by Leavitt Capital and is now home to PepsiCo, Skagit Farm Supply and few others.
The Montgomery Logistics Center when fully built out will be a 139,600 square foot industrial and warehousing hub in 3 buildings. The first of which will be a 64,000 square foot building that is currently in the permitting phase and will likely be complete sometime next year.
Space will be leased out and can be demised down to 10-15,000 square feet if needed. Among the amenities will be 30' clear heights, 92' - 120' truck courts and loading docks, ESFR sprinklers and much more. Pre-leasing is underway with spaces going for 0.69 per sq foot NNN.
There isn't any word about who the tenants might be at this new complex but with low industrial vacancy rates it likely will fill quickly, meaning more new jobs. For more information on leasing at the Montgomery Logistics Center contact Marc Mowrer with Leavitt Capital Companies at 509-444-6530 or check http://leavittcap.com