Viking Construction Inc., a longtime North Idaho-based homebuilder, has bought the land and building formerly occupied by the Nut Factory on the east edge of Spokane Valley, and the residential contractor plans to consolidate its offices there early next year, says Scott Krajack an executive with the contractor.
The property, at 19425 E. Broadway, includes 5.3 acres of land and a 15,600-square-foot building.
Viking purchased the property for $1.9 million through its parent company WT Investments LLC.
Spokane commercial real estate agents Cory Barbieri and Ryan Oberg, both of Goodale & Barbieri Co., and Bryan Walker, of NAI Black, brokered the transaction.
Viking’s main office is located at 2605 W. Hayden Ave., in Hayden. The homebuilder also has a satellite office in Spokane Valley, off of Sullivan Road.
Krajack says the company will have 35 people based in the consolidated office, which he says is more central to its operations.
“We’re putting the business office in the middle of our business territory, rather than in the top right corner,” he says.
On the Washington side of the border, Viking Construction has active projects in Airway Heights, Spokane’s North Side, Spokane Valley, and in the Tri-Cities, Krajack says.
The company plans to remain active in Idaho.
“We’re just moving the office,” Krajack says “We’re going to maintain all of our North Idaho neighborhoods. We have lots of projects going on in Idaho.”
Office
Johnston Agency Inc., an Allstate Insurance agency, has leased 1,400 square feet of space in a multitenant retail building at 106 N. Evergreen Road, in Spokane Valley, and has moved there from shared office space at 1341 N. Northwood Court, in Coeur d’Alene. Guy Byrd, of Sperry Van Ness Cornerstone, and Levi McCormick, of SDS Realty Inc., handled the transaction.
Ahtna Engineering Services LLC, an Anchorage-based engineering company, has leased 3,100 square feet of space for a Spokane office in a multitenant building at 7311 E. Broadway. Doug Byrd, of Byrd Real Estate Group LLC, and Tracy Lucas, of Kiemle & Hagood Co., handled the transaction.
Manufacturing
FM Broadcast LLC, a new Spokane Valley radio transmitter designer and manufacturer doing business as Ptek has leased 2,400 square feet of space in the Vista Industrial Park, at 111 N. Vista. Doug Byrd, of Byrd Real Estate Group LLC, and Tracy Lucas, of Kiemle & Hagood Co., handled the transaction.
Retail
Hard Core Supplements LLC, a new Spokane a dietary supplement and fitness supply store, has leased 2,000 square feet of space in a multitenant retail center at 6417 N. Division. Bill Brooks, of Selkirk Real Estate LLC, handled the transaction.
Investment
S&S Ruby LLC, of Spokane, has bought as an investment a 28,300-square-foot parcel of land at 28 E. Montgomery. Guy Byrd, of Sperry Van Ness Cornerstone, and Mike Schmitz, of SDS Realty Inc., handled the transaction.