Monday, January 17, 2022

Recent local real estate transactions

  Here is an update of local real estate transactions as they we're reported to us. This is far from a complete list and is only what was sent to us and is current. 

We always welcome more brokerages to send us transactions, press releases, etc. Please send them directly to us at matt.behringer@inlandnwbusiness.com


North Pines Chiropractic has leased 2396 SF at 8817 E. Mission Suite 204 in Spokane Valley. Tim Kestell, Dina Cole and Richard Fox of Kimele Hagood handled the transaction.

Insandu,LLC leased 1551 SF of office space at 601 W. Main Suite 808 in Downtown Spokane. Jason Jackson with Kimele Hagood represented the landlord, STG Main, LLC. 

Buildright Homes,LLC purchased +/- 2.21 acres of land at 205 N. Creative Way in Post Falls. Pat Eberlin of Kimele Hagood represented the seller, Pleasant View Investments, LLC.

Bumblebee 23,LLC has purchased the 30,898 SF office building at 1520 W. 3rd Ave in Downtown Spokane. Erik Nelson and Mike Livingston of Kimele Hagood represented the seller Dark Capital Properties,LLC.

Seaview Global has purchased 7500 SF of industrial space at 2617 N. Pioneer Ln in Spokane Valley. Chad Burd, SIOR of Kimele Hagood represented the buyer in the transaction.

Stephen Barbieri of Goodale & Barbieri handled the lease of 18222 E. Euclid Ave. in Spokane Valley. The space is 2000 SF and was leased to Boots Trucking Corporation.

Stephen Barbieri of Goodale & Barbieri handled the lease of 1949 SF at 13817 E. Sprague Ave. Suite 4 to a new dance academy, Studio Three.

Cory Barbieri of Goodale & Barbieri handled the long-term lease of 11,800 SF at 505 E. 3rd to Goodwill Industries of the Inland Northwest.

ETG Fire, Inc. has acquired 2112 SF of space at 12018 E. 1st Ave. Rob Kannapien of Coldwell Banker Schneidmiller handled both sides of the transaction.

Nate Grant and Matthew Byrd of SVN Cornerstone represented both the buyer and seller in the recent sale of The Breslin Apartments at 729 S. Bernard. Per the release the buyer, who is not mentioned, intends to renovate the 46 unit 50,520 SF apartment building. 

SVN Cornerstone broker Guy Byrd represented the sellers in the recently announced sale of 1401 N. Monroe St. and 1014 W. Sinto in Spokane. Shannon Tenney and Justin Folkins of Rencorp Realty represented the buyers. Per the release long term tenant Empire Office Furniture closed with the owner's decision to retire at the end of 2021. Another tenant, Kelly Imaging recently moved their operations to Post Falls. The buyer of both properties, Scanned Media,LLC plans to occupy part of the Monroe St. property for their own business, then lease the remaining space out. The property on Sinto will continue to operate as a vacation rental.