Community Health Association of Spokane, a Spokane-based nonprofit health services provider, has bought a multitenant building in Spokane Valley and plans to open its second Valley clinic in a portion of it, says Kelley Halverson, a CHAS spokeswoman.

Halverson says CHAS is still working on configuration plans for the new clinic, to be located in the 24,000-square-foot, two-story building at 15812 E. Indiana. She says the clinic planned for that location will open sometime in 2015.

Spokane County Assessor’s records list the recent sale price at $4.3 million.

Matthew Byrd, of Spokane commercial real estate brokerage Cornerstone Property Advisors LLC, negotiated the transaction.

Byrd says the envisioned new CHAS clinic will occupy about 6,000 square feet of vacant space, and current tenants will occupy the rest of the building. The tenants include Windermere Real Estate/Valley Inc., Acceptance Capital Mortgage, and Spokane Treatment Solutions.

CHAS’s other Valley clinic is at 924 S. Pines Road.

The planned clinic will be CHAS’s 12th facility, Halverson says.

CHAS currently operates 10 clinics in the Inland Northwest, including four in Spokane, one in Spokane Valley, and one in Deer Park. Halverson says CHAS plans to open its 11th clinic in March in the South Perry District.

Financial services

Bankcda, a Coeur d’Alene-based bank, has bought a 5,400-square-foot, single-story building at 162 W. Hayden Ave. that formerly was occupied by a Bank of America branch and plans to move its Hayden branch there next spring from smaller, leased quarters at 200 W. Honeysuckle. Pat Eberlin, Casey Brazil, and Josh Beebe, all of Kiemle & Hagood Co., negotiated the lease. Bankcda’s other branches are at 912 Northwest Blvd., in Coeur d’Alene, and at 120 Railroad Ave., in Kellogg.

Financial Strategies, a Post Falls financial-planning and risk-management firm, has leased 1,700 square feet of space at 1250 Ironwood Drive, in Coeur d’Alene, and plans to move there in January from larger quarters at 1910 E. Schneidmiller, in Post Falls, to make way for a planned Interstate 90 overpass at Greensferry Road. Jim Koon, of NAI Black, handled the transaction. 

Northwest Farm Credit Services, the Spokane-based farm-finance cooperative, has bought for $8.8 million, the 133,400-square foot, two-story Ambassadors Group Inc. building at 2001 S. Flint Road, where Northwest FCS plans to move its headquarters from smaller leased space at 1515 S. Technology Blvd. Gary Griff, of Cushman & Wakefield, and Chris Siemens, of Windermere Real Estate/City Group LLC, handled the transaction.

Office

Innovate Washington Foundation, an entrepreneurial development advocacy nonprofit, has leased 2,600 square feet of office space on the second floor of the Iron Bridge III building at 714 N. Iron Bridge Way, on the Iron Bridge Office Campus, and has moved there from a larger space at 655 N. Riverpoint Blvd. Mike Livingston and Craig Soehren, both of Kiemle & Hagood Co., handled the transaction.

University of Washington has leased a 2,600-square-foot building at 201 W. Main that formerly housed the the Spokane Visitor Center and plans to begin using it in the first quarter of 2015. Mike Livingston and James Quigley, both of Kiemle & Hagood Co., handled the transaction.