Spokane business owners Paul and Nadine Rayburn have bought for $600,000 the former McGinnis Independent Paper Co. building in downtown Spokane.


The six-story, 75,000-square-foot structure is located at 124 S. Wall.


The Rayburns own Northwest Microfilm Inc., which sells and repairs micrographic equipment and provides business records storage, and Abadan Reprographics, which sells copiers and provides copying services, Paul Rayburn says.


Northwest Microfilm will use most of the old McGinnis building for additional records storage, Rayburn says. AceTech USA Inc., a Spokane Internet access provider, occupies a small amount of leased space on the first floor of the McGinnis building, and Rayburn says he expects AceTech to remain there.


Another storage concern, City Center Storage, had operated in part of the McGinnis building previously.


Northwest Microfilm has offered records storage since 1969.


McGinnis Independent Paper, now West Coast Paper Co., operated out of the downtown building for nearly 37 years, until moving in the fall of 1996 to a location in East Spokane. A Spokane partnership bought the building in the mid-1990s, but Washington Trust Bank, of Spokane, foreclosed on the property last year.


Mark Lucas and Tracy Lucas, both of Kiemle & Hagood Co., handled the lease.