Bellevue-based development company Tapa Spokane LLC is constructing the third and fourth office/warehouse buildings, each valued at $1 million, at Tapa Business Park, in Spokane Valley, says Thomas Andersen, a principal with Tapa Spokane.
The buildings are being constructed at 16105 and 16115 E. Trent.
The Tapa Business Park is located on the north side of Trent Avenue, east of the Trent-Sullivan Road interchange.
Andersen says Tapa Spokane is developing the buildings on speculation with the intent to sell them to owner-occupants.
Each building will have two floors of office space totaling 1,500 square feet connected to 5,300 square feet of warehouse space.
The buildings are scheduled to be completed in August, Andersen says.
Specialty Structures General Contractors, of Otis Orchards, is the contractor on both buildings. Specialty Structures also constructed the first two similar-sized buildings in the business park last year.
Home Staging Works Inc., a Spokane Valley company that provides services to sellers of real estate, occupies one of the buildings, and Andersen says three potential buyers are showing interest in the other completed building.
“That’s why we’re starting two more,” he says, adding that Tapa Spokane is in negotiations with a separate potential buyer to custom build a fifth structure.
Andersen declines to identify the potential buyers yet.
Tapa Business Park is zoned for mixed commercial land uses, he says.
Tapa LLC plans to build up to total of 14 buildings in the business park, Andersen says.
The company bought 10 acres of vacant land where the Tapa Business Park is being developed for $750,000 in 2015, state tax records show.